Rapport macroprudentiel et de stabilité financière de la Banque nationale de Belgique

Professional experience

Chief Financial Officer (from 1st December 2021)

• Member of the management board of Ethias SA in charge of Accounting, recovery, intermediaries management, strategic planning & controlling and procurement
• Member of the Board of directors of Ethias SA
• Member of the Board of directors of NRB SA
• Member of the Board of Directors of Ethias Services
• Member of the Board of Director of Glasfaser Ostbelgien

Deputy General Secretary (from 10 May 2021 to 1^st December 2021)

Function reporting to the General secretary & CEO aiming to:

• Support the General Secretary in achieving his objectives
• Support/assist the CEO in the management of daily tasks in challenging issues within the CEO's scope to facilitate decision making process.
• Assist the CEO in the follow-up and challenge of accounting, controlling and budgeting processes and reporting. This includes also the follow-up of main projects (IFRS 9, IFRS 17, …)
• Coordinate actions to manage deadlines related to the CEO's agenda
• Be the link between the CEO and the management teams if needed.
• Coordinate/assist in the management of various projects by facilitating contacts between certain departments of the company.
• Propose solutions to address issues that do not require the direct intervention of the CEO, while ensuring the approval of the CEO.
• Represent the CEO in internal and external meetings, with the CEO's approval, and ensure staff coordination

Responsible of the department in charge of the Internal Audit (from 1st December 2018 to 10 May 2021)

Director (2 years) & deputy director (2 years) of the department in charge of the supervision of the business rules of conduct and central inspection team (10/2014 – 12/2018)

Function reporting to the Management Committee.

 
Management of a team of 27 persons covering, as operational department, the supervision of:

• The rules of conduct in the banking sector
• The rules of conduct in insurance sector (companies, brokers and tied agents)
• The rules related to the granting of credits to SME’s

The department is also in charge of the organization of mystery shopping exercises and the approval of the compliance officers in banking and insurance sector.

The department supports also other operational departments of the FSMA in realizing the inspection on the field. These controls are related to the supervision of:

• Management companies of undertakings for collective Investment, portfolio management and investment advice companies, asset management companies (prudential supervision)
• Currency exchange offices (Controls related to the respect of the rules related to anti money laundering)
• Pension funds (prudential supervision)

The department realizes also since October 2017, the control of the certified auditors in charge of public interest entities (listed companies, banks, insurance companies …) for the Belgian Audit Oversight College.

Coordinator for the supervision of the rules of conduct (11/2011 – 11/2014)

Function reporting to a director

Management of a team of 5 persons covering, as operational department, the supervision of:

• The rules of conduct in the banking sector
• The organisation of the mystery shopping activities

Main achievements

• After the twin peaks, a team of auditors has to be recruited and a methodology of control has to be developed (including the risk assessment).
• The activities of the team have to be organized to be able to cover the different competences and mainly in 2014, when the department received the responsibility to organize inspections for other operational departments.
• Management of the contact with the entities of the sectors under supervision  
• Active participation to the recruitment

Audit Manager Corporate and Public Banking (2010-2011)

Function positioned in the Inspection Générale Hub Brussels, reporting to the Director 3CIR (Corporate and Public Banking, Conformité, Corporate Investment Banking, Investment Partners and Risk).

Management of a team of 10 persons (extended to 15 persons for credit aspects) covering the audit of Corporate and Public Banking, entity in charge of the management of the portfolio of Belgian corporate clients (revenues up to € 7,5 million).  The scope of the activities covers the audit related to the complete BNPP taxonomy (credit and counterparty risk, administrative risk, compliance risk, commercial risk, Human resources risk, accounting risk and IT risk)

Main achievements

• After the split of Merchant Banking in two entities CPBB (Corporate and Public Banking) and CIB (Corporate and Investment Banking), a team of auditor must be re-build and re-organised in terms of activities and competences.
• Set-up and management of the annual risk assessment of the planning.
• Management of the contact with the bank management (Executive Committee members)
• Active participation to the recruitment
• Development and application of a methodology to audit the commercial banking activities (operational risk, human resource risk)
• Development of a specific program to cover the credit risk in the business portfolio.
• Lead in several transversal audit as Customer Due Diligence with the development of a specific audit program and coordination of the assignment within the Corporate and Public Banking scope but also at level of the bank (transversal coordination between the businesses).

Senior Auditor Risk and Compliance (2006-2010)

Function positioned in the team of Risk Management and Conformité, under the responsibility of an audit manager.

Main achievements

• Set-up and organization of a training related to MiFID Directive for the internal audit department. The training was given in all former Fortis location (Brussels, Netherlands, Paris).
• Follow-up of MiFID project in the bank through an assignment but also via the participation to the steering committee of the project.
• Set-up of a specific program to audit the implementation of MiFID directive across the bank (audit procedure impact study on the different business line of the bank)
• Organisation and supervision of the MiFID audit in the bank (supervision of the assignment in the different business lines and responsible of report at bank level including the consolidation of the findings and the audit of compliance)

Financial audit manager (2004-2006)

Management of a client portfolio mainly composed by Belgian and International companies (Mother and Group’s subsidiaries primarily reporting under US GAAP, IFRS).
Sectors: Steel Industry, Entertainment, IT services providers, transportation, chemical industry (transformation), food industry.

Management of the whole audit engagements process reporting directly to the partner in charge

• Audit of consolidation processes and reporting (BE GAAP, US GAAP, IFRS, …)
• Review and report on internal controls and IT Systems
• Providing and maintaining the adequate level of audit techniques’ expertise, accounting and Company laws knowledge in the audit team
• Reporting and presentation to Management Committee and Shareholders meeting
• Reporting and presentation to the Workers Council
• Writing of commercial proposals
• People management (4-6 Staff members), planning coordination and “resources & budget” management
• Coaching and career orientation for a group of junior/senior audit professionals.
• Active participation to recruitment processes.

1997-2003: from junior auditor to assistant manager in charge of audit engagements

Education

1999: HEC (Liège) - Specific module related to control and financial analysis

1993-1998: University of Liège - Master in Finance, Bank and Insurance

Trainings

• Personal Development Plan (CEDEP, Paris): Program organised in collaboration with INSEAD (Paris)
• Business Management Program: Specific program of management organised in collaboration with Vlerick Management School

Languages

French (native), dutch (good), english (good), Italian (good)