Bank Degroof / Petercam: Nathalie Basyn to be appointed CFO
Nathalie Basyn will be appointed chief financial officer and member of the Group executive committee of the new entity resulting from the upcoming merger between Belgian Bank Degroof and Belgian asset manager Petercam.
Awaiting the finalisation of the merger, she will put her expertise to use at Bank Degroof from 6 March. Basyn was hitherto working as deputy CFO of international retail banking at BNP Paribas. Formerly, she held several positions at Citibank including retail bank CFO EMEA before pursuing her career at Fortis in 2005, where she served as head of Corporate Performance Management, and head of Management Control at BNP Paribas Fortis respectively.
Bank Degroof and Petercam have signed a memorandum of understanding last January in a bid to merge the two companies. The two firms expect to become “the independent leader in asset management and financial services on the Belgian market with European ambitions.”
A final merger agreement is expected to be signed by the end of the second quarter of 2015. The future entity will be managing more than €47bn.