Béatrice Belorgey. Photo: Romain Gamba

Béatrice Belorgey. Photo: Romain Gamba

Delano’s Autumn 2023 magazine featured 100 financial industry heavyweights. Here are the second set of 10 profiles republished from the magazine. Executives are listed in alphabetical order, by family name.

Béatrice Belorgey

Chair of the executive committee of BGL BNP Paribas and country manager of the BNP Paribas Group in Luxembourg. Before moving back to Luxembourg in 2020, was director of BNP Paribas Banque Privée France for seven years and head of -financial information and then investor relations & financial information for the group. She started her career at BNP Paribas in 1986, and joined the wealth management business in Luxembourg in 2000. She graduated from the Institut d’Études Politiques de Paris and is a member of SFAF (French financial analysts group).

Silke Bernard

Silke Bernard. Photo: Romain Gamba

Silke Bernard. Photo: Romain Gamba

People in Luxembourg’s asset management industry often refer to as “Ms Eltif”. That’s a reference to her mastery of European Long-Term Investment Funds, a buzzy fund label these days. Bernard is global head of the investment funds practice at Linklaters, where she’s worked for nearly 20 years. Bernard and her colleagues certainly captured the Eltif zeitgeist. As far Delano can tell, Linklaters has won the lion’s share of Eltif legal work in Luxembourg. Bernard studied law at Humboldt University of Berlin and Jean Moulin Lyon III University. She has excellent taste in backpacks.

Bert Boerman

Bert Boerman. Photo: Matic Zorman

Bert Boerman. Photo: Matic Zorman

is co-founder and CEO of Governance.com. He boasts two decades in banking, finance and business growth. Prior to launching Governance.com, Boerman served as senior vice president at ABN Amro in Luxembourg where he was responsible for the bank’s investment fund depositary, corporate clients, and independent asset management business. In April 2014, Boerman left ABN Amro to fully dedicate himself to his co-founded venture. His ambition is to revolutionise fund governance through technology and to make regulatory oversight simple and transparent.

Brenda Bol

Brenda Bol. Photo: Yusuf Yassin/Maison Moderne

Brenda Bol. Photo: Yusuf Yassin/Maison Moderne

is branch manager and head of the investment managers segment for asset servicing and digital at BNY Mellon Luxembourg. Bol started her career at Bank of New York Mellon in Brussels more than 25 years ago and was involved in opening the bank’s Luxembourg branch in 1999. Prior to joining BNY Mellon, Bol held senior client relationship and sales management roles at Brown Brothers Harriman, Clearstream and Royal Bank of Canada in Luxembourg. As of June 2023, she is president of the influential Association of North American Banks in Luxembourg and participates in several trade associations.

Peter Brown

Peter Brown. Photo: Guy Wolff/Maison Moderne

Peter Brown. Photo: Guy Wolff/Maison Moderne

’s career in finance started in 1989 with NatWest in London. By 2007, he was head of the firm’s financial institutions group, and by 2015 managing director and head of funds banking (for subsidiary RBS) across the UK, Jersey, Guernsey and Luxembourg. He joined Aztec Group in Luxembourg in 2020 as head of private debt, rising to country head in just two years. Responsible for some 600 people, Brown is also the chair of the management board of Aztec Group Luxembourg, an alumnus of Insead Business School and an associate member of the Association of Corporate Treasurers.

Philip Jason Brown

Phil Brown. Photo: Clearstream

Phil Brown. Photo: Clearstream

is CEO (and former co-CEO) and head of global relationship management at Clearstream Banking and member of the executive board at Clearstream Holding. He is also an executive board member (and past board chair) of the International Securities Services Association. He previously was the general manager of Clearstream’s London office, and held positions with the Bank of New York, Morgan Stanley and Barclays. Brown received a bachelor’s in banking, insurance and finance from the University of Bangor, Wales. He enjoys cycling, music and family time.

Stéphane Brunet

Stéphane Brunet. Photo: Marion Dessard

Stéphane Brunet. Photo: Marion Dessard

As CEO of BNP Paribas Asset Management since 2007--and an Alfi board member for over a decade and a current member of the CSSF’s GFI committee-- has been a well-known figure in the sector for a long time. After studying economics at the University of Panthéon-Sorbonne in Paris, he started his career in 1990 with the Agence Française de Développement in Africa. His tenure at BNP Paribas began just a few years later when, in 1994, he became a country risk analyst. He joined BNP Paribas Asset Management in 2002 and came to Luxembourg in 2007 to take the top job.

Michael Burch

Michael Burch. Photo: Romain Gamba

Michael Burch. Photo: Romain Gamba

CEO of ING in Luxembourg since July 2022, is known for his entrepreneurial spirit. Previously, he was CEO of BlackRock in Hungary and COO of BlackRock in Switzerland, where he played several roles in asset management, private and retail banking, and wealth management. He was managing director and COO of Kleinwort Benson in the UK between 2013 and 2016. He started his career at Boston Consulting Group, where he was a principal focusing on strategy, M&A and change in the financial services industry. Burch holds a PhD in international business and MBA from University of St. Gallen.

David Capocci

David Capocci. Photo: Romain Gamba/Maison Moderne

David Capocci. Photo: Romain Gamba/Maison Moderne

Currently the managing partner of KPMG Luxembourg (and an Alfi member), ’s experience in alternative investment funds spans two decades. He originally joined KPMG Luxembourg in 2002--after a five-year stint at Arthur Andersen--as a tax manager, before switching to Deloitte, where he spent 12 years advising and structuring deals for PE and RE funds. In 2017 he returned to KPMG Luxembourg as head of alternative investments, taking over the top job in 2020. Since 2022 he has additionally served on the board of directors of the Institut Luxembourgeois des Administrateurs.

Olivier Carcy

Olivier Carcy. Photo: CA Indosuez

Olivier Carcy. Photo: CA Indosuez

CEO of CA Indosuez Wealth (Europe), managing director and senior country officer of the Crédit Agricole group in Luxembourg since December 2022. ’s initial role at Crédit Agricole Indosuez in the structured finance business brought him out of Paris to Singapore and Jakarta. Afterwards he joined Indosuez Switzerland, where he created the private equity fund platform, before becoming global head of the private markets line for the Indosuez Group. He then led CA Indosuez Wealth (Asset Management) and became global head of the asset management business line at Indosuez.

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