Appointments require regulatory go ahead from the Banking, Finance and Insurance Commission

Fortis has selected Kurt De Schepper as chief risk officer, and Antonio Cano as the chief executive officer of AG Insurance within the new management body – reported Insurance Journal.

Reportedly, the appointments are effective from September 1 and require the regulatory go ahead from the Banking, Finance and Insurance Commission (CBFA).

Fortis changed its management structure to consist of an executive committee and a management committee.

The executive committee includes the CEO (Bart De Smet), deputy CEO (Bruno Colmant) and newly appointed chief risk officer, Kurt De Schepper.

The Management Committee comprises executive committee and chief financial officer, Patrick Depovere, and a quartet of regional chiefs.