Febelfin Governance

• What is Febelfin? • External governance• Internal governance• Committees and working groups

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What is Febelfin?

Febelfin vzw/asbl represents about 260 financial institutions in Belgium

It consists of 5 constituent associations

11 associate members with a special status

Council for stockbrokers’ accreditation

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Belgian federation covering several segments of the financial sector

Banks

Credit providers

Asset managers and funds

Stockbroking firms and stockbrokers

Stock Exchange members

Leasing companies

Euroclear

SWIFT

…

260 financial institutions

• ± 75% of the financial sector as a whole

• Direct jobs ± 100,000(+ 100,000 indirect jobs)

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Febelfin does not represent

Insurance companies andinsurance brokers

Holdings

Pillar 2 pension funds

± 25% of the financial sector as a whole

± 30,000 direct jobs

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Mission of Febelfin

Position determination by members for members ( point of view of the Board of Directors)

Defending interests in Belgium and Europe, taking part in social negotiations

Providing services (information, counseling and training)

Communication and taking part in debates

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Governance of the constituent associations

■ UPC/BVK ■ General Meeting■ Executive Committee or

Board of Directors■ Bureau■ Secretariate

Gérald Bogaert (Europabank)

■ BEAMA■ General Meeting■ Board of Directors■ Secretariate

Hugo Lasat (Petercam Institutional

Asset Management)

■ BASEM■ General Meeting■ Board of Directors■ Secretariate

■ BLA■ Executive Committee■ Secretariate

Dirk Boeykens(BNP Paribas Lease group)

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Umberto Arts (KBC Securities)

Role and composition of the Febelfin vzw and ABB/BVB asbl/vzw governance bodies

■ Febelfin■ General Meeting■ Board of Directors■ Bureau

■ ABB/BVB■ General Meeting■ Board of Directors■ Bureau

Rik Vandenberghe (ING Belgium)

■ Driven by core business■ Reflected in the agenda,

internal governance, committees and working groups

■ Special representation (on an ad hoc basis)

■ BEAMA■ UPC/BVK■ BLA■ BASEM

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Febelfin Board of Directors (17 members)

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Febelfin Bureau

ABB/BVB Board of Directors (19 members)

ABB/BVB Bureau

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Offsite | juli 2014 11

Director Communication & Strategic Affairs

Thomas Van Rompuy

Communication & spokesperson

Economic Affairs (facts, figures, trends)

Corporate Finance & Leasing (BLV)

Secretary General Wien De Geyter

Governance

Social Affairs & Febelfin Academy

Internal Affairs (Accounting, HR Adm, ICT & Facilities & events)

Special Projects

CEO – Michel Vermaerke

Commercial Banking (Personal Finance & Payments

Risk Affairs (legal & mifid, prudential & accounting, compliance ) & Taxation & audit

Asset Management, & Private Banking (BEAMA)

Financial Markets & Infrastructure (ABMB et Conseil d'Agrément des Agents de Change )

Overall regional, national lobbying & EU Lobbying Coordination

Ombudsfin

Chairman – Rik Vandenberghe & Board

Daniel MareelsSpecial advisor to the CEO

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Febelfin committees and working groupsEntities within the organisation

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Febelfin committees and working groupsEntities within the organisation

www.febelfin.be