Fortis CRO moves to Asia


The chief risk officer (CRO) of Fortis, Luc Henrard, has left his position to move to Hong Kong where he will head up the Belgian-based bancassurer's Asian division. Fortis will not appoint a direct replacement for Henrard and will place responsibility for risk management with Karel de Boeck, a member of the company's executive board since 1998. According to a spokesman, such a move reflects the increased emphasis that Fortis places on risk management.

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