The board of directors manages the company as a board and acts under the supervision of the general assembly which appoints and dismisses directors. The board of directors serves the shareholders and must ensure the long-term success of the company.
Composition of the board of directors:
– Pierre van der Mersch, chairman (AGM 2020)
– Luigi Santambrogio, Managing Director (AGM 2020)
– Axel van der Mersch, Managing Director (AGM 2020)
– Bruno Colmant (AGM 2020) (*)
– René Beltjens (AGM 2022) (*)
(*) Independent and non-executive director
The board of directors has the most extensive powers to achieve the object of the company. The board of directors’ tasks include setting and determining general policies and strategic goals for both the company and the group and outlining its investment policy.
The Board of Directors entrusts the two managing directors with the daily management of the company. They are also responsible for the supervision and follow-up of the risks identified by the board of directors.
Managing Directors :
– Luigi Santambrogio;
– Axel van der Mersch
The audit, good governance and risk management committee must assist the board of directors with his tasks pertaining to financial reporting, supervision in the broadest sense of the term and risk management.
Committee members :
– René Beltjens, chairman
– Bruno Colmant