Fortis Intertrust, part of Dutch-Belgian financial services group Fortis, has named David de Buck as its new chief executive, replacing Bas Schreuders at the helm of the private client trust business.

Mr de Buck was previously chief executive of Fortis Lease, the group’s Luxembourg-based leasing arm.

Mr Schreuders had been CEO of Fortis Intertrust since early 2006. Meanwhile, he remains at Fortis Netherlands, Fortis told WealthBriefing. The bank declined to give further comment.

Fortis Intertrust was formerly MeesPierson Trust, the firm acquired by Fortis in 1997. Fortis Intertrust, which is headquartered in Geneva, has 29 global offices and 1000 employees.