In his new role, he will serve as a member of the executive committee, which has recently been expanded to better meet the evolving needs of the group and its clients.

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Lauwers will take over his new role at KBL on 1 April 2013, following the approval of the Board of Directors of KBL and the Financial Sector Surveillance Commission (CSSF).

Most recently, Lauwers had served as the head of retail and commercial banking at Belfius Bank in Belgium, prior to which he was the COO at Dexia Bank Belgium, CEO at Dexia Banka Slovensko, and CEO at Banque Artesia Netherlands.

Commenting on the move, Jacques Peters, group chief executive officer, said: "As we continue to effect ongoing, positive organizational change, including through the appointment of senior professionals such as Marc, KBL epb is now even more strongly positioned to realize our vision to become a top 20 European private bank by 2015."

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