Bart De Smet appointed chairman of Assuralia
(Thomson Reuters ONE) -
On 24 February, the general meeting of Assuralia, the trade association of
Belgian insurance companies, elected Fortis CEO Bart De Smet as its chairman for
a two-year term.
The Board of Directors congratulates Bart De Smet on this appointment.
Jozef De Mey, Chairman of the Fortis Board of Directors, commented: "Bart De
Smet is an experienced top manager, who has devoted his entire career to the
insurance business. The Board of Directors views this appointment as
confirmation that Bart De Smet is the right man in the right place to continue
Fortis's development as an international insurance group".
Bart De Smet has been the CEO of Fortis since 1 July 2009. His positions prior
to that include CEO of AG Insurance.
Fortis consists of (1) 75% ownership of AG Insurance, (2) Fortis Insurance
International, (3) a 45% stake in Royal Park Investments - a structured credit
portfolio entity - and (4) the financial assets and liabilities of various
financing vehicles. AG Insurance is the undisputed leader of the Belgian market
for Individual Life and Employee Benefits and is also one of the top players in
Non-Life. The international insurance activities (Fortis Insurance
International) are located in the UK, where Fortis is the third largest player
in the market for private car insurance, France, Hong Kong, Germany, Turkey and
Ukraine. In addition, Fortis operates in partnership through joint ventures in
Luxembourg (Life), Italy, Portugal, where Millenniumbcp Fortis is among the
market leaders, China, Malaysia, India and Thailand. Fortis currently employs
over 10,000 people.
Press Contacts:
Brussels: +32 (0)2 565 22 66
Investor Relations:
Brussels: +32 (0)2 565 53 78 Utrecht: +31 (0)30 226 65 66
PR 2010 -005
[HUG#1389254]
Pdf version press release: http://hugin.info/134212/R/1389254/347445.pdf
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Datum: 26.02.2010 - 11:17 Uhr
Sprache: Deutsch
News-ID 1010699
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