Who are the most recent appointments as directors and C-levels in the BeLux?
Tom De Troch becomes President of VMVM-ACAM
Tom De Troch, CEO of Fédérale Assurance, has been appointed President of VMVM-ACAM, succeeding Rebecca Ramboer. He aims to strengthen the voice of specialized and mid-sized insurers within the broader ecosystem, including Assuralia, the FSMA, and the National Bank of Belgium.
De Troch emphasizes the value of niche expertise and tailored solutions in a market increasingly driven by standardization. He also advocates for regulatory frameworks, such as Solvency II, to better reflect the specificities of smaller players. His mandate, set for three years, reflects a commitment to preserving diversity and proximity in the Belgian insurance landscape. (Source)
Pelin Ilbas appointed Chief Economist of KBC Group
KBC Group welcomes Pelin Ilbas as Chief Economist as of 1 June 2026. She will lead the group’s team of economists and help shape the economic analyses and outlooks that support the group’s strategic decision-making. With a PhD in Economics from KU Leuven, Ilbas brings strong academic expertise combined with extensive central banking experience. She previously held key roles at Norges Bank and the National Bank of Belgium, where she led the Financial Economics Unit.
Her appointment reflects KBC’s ambition to combine rigorous economic analysis with clear, contextualised insights.
Reporting directly to Johan Thijs, she will also contribute to the broader economic debate in an increasingly uncertain environment. (Source)
Jeroen Spinoy assumes his role as CEO
As of April 1, 2026, the P&V Group enters a new phase with Jeroen Spinoy officially stepping in as CEO, alongside Hilde Vernaillen as Chair of the Board.
Previously Chief Risk Officer, Spinoy brings over two decades of experience in the insurance sector. These appointments, approved by the National Bank of Belgium, reflect a strategic move to strengthen governance and support long-term growth.
The group reaffirms its cooperative mission: making insurance accessible while contributing to a more inclusive society. Working closely with stakeholders, the new leadership aims to further enhance P&V’s societal impact. Spinoy’s mandate will focus on consolidating the group’s position in Belgium while navigating ongoing market transformations.
(Source)
François Pauly appointed as head of Lalux
From 1 May, François Pauly will become chairman of the board of directors of the Lalux Group’s insurance companies, succeeding Pit Hentgen after twenty-four years in the post. This handover reflects a spirit of continuity rather than a break with the past. Pit Hentgen is not leaving the company entirely. He remains a member of the board of directors, a way of preserving strategic insight within a group where family and historical ties continue to play a defining role.
Through this appointment, François Pauly brings a wealth of experience in banking and insurance. Having worked at Banque Internationale in Luxembourg, where he held several senior management positions, he has served on the group’s governing bodies for over thirty years. (Source)
Fabrice Walek appointed Chief Executive Officer of Generali Luxembourg
Fabrice Walek has been officially appointed CEO of Generali Luxembourg as of March 10, 2026, following an interim period that began in June 2025. Reporting to Hugues Aubry, he will continue to drive the company’s growth strategy with a strong focus on digitalisation, technological innovation and process automation. With over 25 years of experience in insurance and finance, he has held several senior management roles at BNP Paribas Cardif, Wealins and Generali. His appointment reflects a clear continuity strategy, building on his leadership and deep understanding of the company’s challenges. (Source)