Marcel Leyers; Credit: BIL

The Banque Internationale à Luxembourg (BIL) has appointed Marcel Leyers to the position of CEO. 

Today, the Board of Directors, subject to final regulatory approval, unanimously appointed Marcel Leyers as the new CEO of BIL Group. Marcel Leyers will replace Hugues Delcourt who decided to leave the position after five years.

Marcel Leyers, a 56-year-old Luxembourg national, joined BIL in 1983 and is currently BIL’s Head of Corporate and Institutional Banking and a member of the authorised management (comité de direction) of BIL.

Luc Frieden, Chairman of the Board of Directors of BIL, commented: “The Board of Directors is happy that it has been able to find in Marcel Leyers an experienced banker who knows BIL and its home market very well. I am very confident that the transition will be a success, as Hugues and Marcel have worked closely together with the rest of the Executive Committee for the past five years.”

Legend Holdings has decided to appoint Hugues Delcourt as an advisor for its overseas investment activities. Hugues Delcourt has stated: “I am very grateful to our Chairman and the shareholders for the way they have accepted my decision. I am very proud of what we have achieved as a team at the bank and would like to thank the board, the shareholders, my colleagues at the Executive Committee and all staff at BIL for their support, hard work and friendship. I am delighted that I will remain closely associated to Legend Holdings and consequently to BIL.”