The 11-member executive committee includes Camille Fohl, head of international retail banking and investment solutions, with responsibilities that include asset management and international private banking, Fortis said in a statement.

Other appointments include:

Jean-Laurent Bonnafé, chairman of the board and executive committee;

Filip Dierckx, vice chairman of the board and committee;

Thomas Mennicken, chief risk officer;

Eric Raynaud, chief operating officer, head of merchant banking;

Michel Deboeck, human resources;

Maxime Jadot, public, corporate and commercial banking in Belgium;

Lars Machenil, chief financial officer;

Lieve Mostrey, IT and operations;

Peter Vandekerckhove, retail and private banking in Belgium,

And Frédérick Van Gheluwe, capital markets.

Executive members that compose the executive board are Mr Bonnafé, Mr Dierckzx, Mr Fohl, Mr Mennicken and Mr Raynaud.

Under the terms of the deal completed this week, BNP Paribas now owns 75 per cent of Fortis, and the remaining 25 per cent is owned by the Belgian government.