The Board of Directors of KBC Group NV has decided to appoint Bartel Puelinckx as new Chief Financial Officer and member of the Executive Committee of KBC Group. He will succeed Luc Popelier, who resigned to take up the position of CEO of Hamburg Commercial Bank (Germany) as of 1 September 2024.

Bartel Puelinckx’s appointment will take effect on 1 September 2024, subject to approval by the National Bank of Belgium and the European Central Bank.

Luc Popelier has been KBC Group CFO since May 2021 and previously also between 2011 and 2017, and Member of the Executive Committee of KBC Group since 2009. Luc has accepted to take up a unique career opportunity outside KBC Group : “As of 1 September 2024 I will become the new CEO of Hamburg Commercial Bank. Until then I will continue to work for KBC Group with my full dedication and commitment, as I have done in previous decades, to ensure continuity of service to analysts, investors and all other stakeholders.”