Banque Degroof Petercam SA's CEO Philippe Masset mutually agreed to end his relationship with the bank after a failure to resolve differences in views resulted in a lack of sufficient mutual trust between them.
The Belgian bank's board unanimously appointed Bruno Colmant — pending regulatory approval — to succeed Masset as its new CEO.
Colmant is the bank's head of macro research and also serves as a member of its executive committee and board of directors.
