Corporate governance: Management Committee

17 October 2016

The Board of Directors decided to establish an Executive Committee, with effect as of 17 October 2016, in accordance with article 524bis of the Code on Company Law.

As announced within the framework of its self-assessment carried out at the end of 2015*, Befimmo’s Board of Directors decided to start discussions on the opportunity to establish an Executive Committee, in view of the development of Befimmo’s business and organisation since its creation.

After this reflection, the Board of Directors decided to establish an Executive Committee to broaden the powers delegated to the Executive Officers, with effect as of 17 October 2016, in accordance with article 524bis of the Code on Company Law. The Executive Committee will be composed of the four current Executive Officers** of Befimmo:

  • Mr. Benoît De Blieck, Managing Director and Chief Executive Officer,
  • Mr. Laurent Carlier, Chief Financial Officer,
  • Mrs. Martine Rorif, Chief Operating Officer,
  • Mrs. Aminata Kaké, General Counsel & Secretary General.

The delegated powers and the working method of the Executive Committee are described in its terms of reference, which is available on the Befimmo website: http://www.befimmo.be/en/befimmo/management-committee.

 


* Annual Financial Report 2015, page 132 and Half-Yearly Financial Report 2016, page 43.
** Pursuant to article 14 §3 of the law of 12 May 2014 concerning BE-REITs.