AGEAS APPOINTS NEW CEO AND CHAIRMAN

Belgium insurance group Ageas has announced that Hans De Cuyper will succeed Bart De Smet as chief executive, effective October 22. De Smet will become the chairman of the group, replacing Jozef De Mey, who recently announced his decision to step down. De Cuyper is currently chief executive of Ageas’s Belgian subsidiary AG Insurance, having joined the company in 2004. De Smet joined Fortis (since renamed Ageas) in 1998 and became chief executive in 2009.