Bruno Colmant succeeds Philippe Masset as CEO of Degroof Petercam

Due to differences in views, the Board of Directors of Degroof Petercam and its CEO Philippe Masset  have come to the conclusion that there was no longer sufficient mutual trust left between both parties to continue the cooperation. Both parties have therefore, in mutual agreement, decided to end their collaboration. The Board of Directors wishes to thank Philippe Masset for his efforts in his functions and wishes him all the best in his future endeavors.

The Board of Directors unanimously appointed Bruno Colmant as the new CEO of Degroof Petercam, subject to the approval of the regulatory authorities. Bruno Colmant has been active in the group since 2015 as a member of the Board of Directors, a member of the Executive Committee and as Head of Macro research. With his experience as a manager and market specialist and his knowledge of the group's businesses, he is well placed to ensure Degroof Petercam's development in an ever changing financial sector.

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About Degroof Petercam

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house built on more than 150 years of integrated financial knowledge. Private and institutional investors, as well as corporates trust us for our strong investment convictions and for our continuum of services in private banking, asset management, investment banking and fund servicing.

On December 31, 2023, total assets amounted to 74 billion euros. More than 1,500 experts are committed to our clients through offices in Belgium, Luxembourg, France, Switzerland, Spain, the Netherlands, Germany, Italy, Hong Kong and Canada. As employer and investor, we create responsible prosperity for all by opening doors to opportunities and accompanying our clients with expertise.

Degroof Petercam is owned by Indosuez Wealth Management and by its historical minority shareholder CLdN Cobelfret. Degroof Petercam benefits from the vast expertise and international network of Indosuez and the Crédit Agricole group, the world's 9th largest bank (The Banker, 2024).
 

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