Erik Luts - KBC Group Executive

KBCSF Stock  USD 73.81  0.00  0.00%   

Executive

Mr. Erik Luts has served as Member of the Executive Committee and Chief Innovation Officer at KBC GROEP N.V. since May 5, 2017. He holds a Masters Degree in Pedagogy from University of Leuven. Between 1985 and 1988, he held various positions, including with the University of Leuven, teaching at a technical college and working as an aftersales representative for an Apple dealer. He began his career with the KredietbankKBC group in 1988 as Computer Literacy SelfStudy Training Manager, and was promoted to Payments EBanking Product Manager in 1991. At that time he was also made a member of the Management Committee for Isabel . In 1996, he was appointed ICT Manager for the branch network, then General Manager, ICT Development, and in 2003, General Manager of the ICT Data Centre. From 2004 to 2006, he was a Member of theManagement Committee of Nova Ljubljanska banka, KBCs banking subsidiary in Slovenia, where he was responsible for ICT and preparing NLB for the introduction of the euro. He returned to Belgium in 2006 in the role of General Manager, Training, Education Recruitment. He was Senior General Manager, HR, Facility Services Financial Reporting at the Belgium Business Unit of the KBC group from 2008 to 2013. He became Senior General Manager, Direct Channels Support at that business unit in 2013 and was additionally appointed Chief Innovation Manager for the KBC group in 2016. since 2017.
Age 63
Tenure 7 years
Phone32 7 835 31 37
Webhttps://www.kbc.com

KBC Group Management Efficiency

KBC Group's management efficiency ratios could be used to measure how well KBC Group manages its routine affairs as well as how well it operates its assets and liabilities.
KBC Group NV has accumulated 48.22 B in total debt. Debt can assist KBC Group until it has trouble settling it off, either with new capital or with free cash flow. So, KBC Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like KBC Group NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KBC to invest in growth at high rates of return. When we think about KBC Group's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 12 records

EXECUTIVE Age

Anders KarlssonSwedbank AB
57
Ming SiaUnited Overseas Bank
N/A
Chee LamDBS Group Holdings
N/A
Carina StrandSwedbank AB
59
Boo KhooUnited Overseas Bank
N/A
Kok ChanUnited Overseas Bank
61
Sim LimDBS Group Holdings
65
Michael SiaDBS Group Holdings
N/A
Engkwok MoeyDBS Group Holdings
N/A
Sok LimDBS Group Holdings
62
Lotta LovenSwedbank AB
56
Yan LeeDBS Group Holdings
N/A
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium. KBC GROEP is traded on OTC Exchange in the United States. KBC Group NV [KBCSF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

KBC Group NV Leadership Team

Elected by the shareholders, the KBC Group's board of directors comprises two types of representatives: KBC Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KBC. The board's role is to monitor KBC Group's management team and ensure that shareholders' interests are well served. KBC Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, KBC Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Johan Thiers, Chief BU
Peter Andronov, Chief Unit
Roger Popelier, CFO Director
Johan Thijs, CEO, Managing Director and Executive Director
Viviane Huybrecht, Gen Communication
David Moucheron, Chief Unit
Marc Wittemans, Non-Executive Director
Erik Luts, Member of the Executive Committee, Chief Innovation Officer
Kurt Baenst, General Manager Investor Relations
Christine Rijsseghem, Member of the Executive Board, Chief Risk Officer

KBC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is KBC Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in KBC Pink Sheet

KBC Group financial ratios help investors to determine whether KBC Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KBC with respect to the benefits of owning KBC Group security.