Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

KBC Calls Report of Search for New Chief Executive ‘Crazy Rumor’

Dec. 16 (Bloomberg) -- KBC Groep NV, Belgium’s largest bank and insurer by market value, dismissed a newspaper report suggesting that the company might be looking for a new chief executive officer as a “crazy rumor.”

Geert Noels, co-founder of Belgian financial-services company Econopolis, has been approached to be Brussels-based KBC’s CEO, De Tijd reported today, without saying how it obtained the information. The approach was at the initiative of one or more of KBC’s family shareholders, the newspaper said.

“Looking for a CEO is not on the agenda,” Viviane Huybrecht, a spokeswoman for the bank, said today by telephone, citing comments by KBC Chairman Thomas Leysen in an interview published in L’Echo on Nov. 12. “His position hasn’t changed” since the interview, she said.

Noels declined to comment on the report in an e-mailed response to questions from Bloomberg News.

KBC CEO Jan Vanhevel was appointed to that post in 2009.

To contact the reporter on this story: Andrew Clapham in Brussels at aclapham@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.