| Fortis transformation reflected in new top management structures
Fortis will restructure its top management as of 1 January 2008.[1] The Executive Committee will be recomposed and responsibilities redistributed. A Business Executive Committee - which will replace the Fortis Management Committee - will be installed and will operate in closest collaboration with a Group Executive Committee. Taking into account the Fortis managers who have already taken up responsibilities within ABN AMRO, Fortis is convinced it now has the adequate management structure in place, not only to guarantee the successful integration of the acquired businesses, but also to develop Fortis as a whole. 1. The Group Executive Committee will consist of: * Jean-Paul Votron, CEO and Executive Director (Audit reports directly to the CEO); * Herman Verwilst, Deputy CEO and Executive Director (Human Resources, Public and External Affairs, Business Transformation Office report to the Deputy CEO); * Gilbert Mittler, Member of the Group Executive Committee responsible for Finance, Risk and General Counsel; * Filip Dierckx, Member of the Group Executive Committee responsible for Merchant Banking; * Lex Kloosterman, Member of the Group Executive Committee responsible for Private Banking, Asset Management, Investor Relations and Corporate Social Responsibility; * Camille Fohl, Member of the Group Executive Committee responsible for Retail Banking and for Global Branding and Communications; * Peer van Harten, Member of the Group Executive Committee responsible for Insurance and for Real Estate; * Alain Deschênes, Member of the Group Executive Committee responsible for Technology and Information Services, Operations, Facility, Purchasing and Process Improvement.
Tony Blair 'will covert to Catholic faith within weeks'
Tony Blair is preparing to convert to Roman Catholicism within weeks, it emerged last night. The news prompted demands from followers of the faith for the former prime minister to renounce his previous support for abortion. Mr Blair's long-expected switch to the faith of his wife and four children is expected to come at a Mass in the private chapel of Cardinal Cormac Murphy- O'Connor, the leader of Roman Catholics in England and Wales. Scroll down for more... .
Internet United Kingdom Points Finger at Chinese Army for Increased ...
British officials accused China of organized cyber-warfare against computer systems of banks and other large corporations located in the United Kingdom. The head of Britain's domestic spy agency MI5, Jonathan Evans, distributed a letter to more than 300 executives and security officers of large banks and major financial institutions. Evans reportedly warned them "of the electronic espionage attack" by "Chinese state organizations." Specifically, companies were warned of risks of the Chinese Army, which is known to use the Internet to steal personal information and other data. "The letter acknowledges the strong economic and commercial reasons to do business with China, but the need to ensure management of the risks involved," warns a letter published on the Centre for the Protection of the National Infrastructure, where the report was originally published.
|
