Marc Hoffmann, managing director and chairman of the management board and executive committee of Dexia Banque Internationale à Luxembourg, h...

Marc Hoffmann, managing director and chairman of the management board and executive committee of Dexia Banque Internationale à Luxembourg, has resigned, according to a statement from the Belgian banking group. The statement said the departure was “based on a common agreement of both parties”. Dexia has appointed Frank Wagener, vice chairman, as acting managing director until a new head is found.