FINANCE - BANKS

Appointment

Hugo Lasat gets green light to become CEO of Degroof Petercam



Hugo Lasat has 30 years of experience in the financial sector and was previously in charge of Degroof Petercam’s asset management entity DPAM. (Photo: Degroof Petercam)

Hugo Lasat has 30 years of experience in the financial sector and was previously in charge of Degroof Petercam’s asset management entity DPAM. (Photo: Degroof Petercam)

Hugo Lasat’s appointment as CEO of Belgian bank Degroof Petercam, announced in July, has been validated by the authorities.

Hugo Lasat was officially confirmed as CEO of Degroof Petercam on Thursday 21 October, "with immediate effect”, after the supervisory authorities announced he had passed their "fit and proper" character test. The board of directors at the Belgian bank had appointed him in July 2021.

Since 2016 Lasat had been in charge of the asset management entity DPAM (Degroof Petercam Asset Management). He joined his current employer in 2011 as a partner and head of Petercam Institutional Asset Management. His career spans 30 years in the financial sector, including stints at Banque Paribas Belgium and Candriam.

Born in 1964 in Etterbeek, Lasat holds a master's degree in economics and a postgraduate master's degree in finance from the KU Leuven Campus Brussel. He also teaches as a visiting professor at the KU Leuven Campus. In addition, Lasat is a director of Bâloise Holding and a member of governance bodies of various non-profit organisations.

Peter De Coensel to head DPAM

Lasat replaces Bruno Colmant, who announced in June that he was leaving the position he had held for almost two years to devote himself fully to private banking activities, as head of private banking.

Peter De Coensel replaces Lasat as CEO of DPAM. He joined Petercam in 2009 as a fund manager, and was CIO (chief information officer) fixed income and a member of the DPAM board of directors.

There are no changes in Luxembourg, where Bruno Houdmont remains the bank's CEO.

This article was originally written in French for Paperjam and has been translated and edited by Delano