Hugo Lasat is appointed as executive board member and new group CEO of Degroof Petercam

Hugo Lasat is appointed as executive board member and new group CEO of Degroof Petercam

Early July, the board of directors of Degroof Petercam decided to propose to appoint internal candidate Hugo Lasat - in charge of the asset management entity DPAM (Degroof Petercam Asset Management) - at the position of Chief Executive Officer of the group.

The supervisory authorities having confirmed the 'fit & proper' character of Hugo Lasat, the Board of Directors of the Degroof Petercam group has today co-opted Hugo Lasat as executive board member and appointed him as CEO of Degroof Petercam with immediate effect.

Bruno Colmant will continue to devote himself fully to the private banking activities as Head of Private Banking.

The Board of DPAM confirmed its decision to entrust Peter De Coensel with the function of CEO of the company as of today and has appointed Hugo Lasat as Chairman.


Hugo Lasat was born in Etterbeek in 1964. He holds a Master’s degree in Economics and a Master after Master's degree in Finance from KU Leuven Campus Brussel. He started his career in 1986 at Arthur Andersen & Co and relies on more than 30 years of experience in the financial sector (Bacob Bank, AG Asset Management, Paribas Asset Management, Banque Paribas Belgium, Cordius Asset Management, Amonis, Candriam and Dexia Group). In 2011, he joined Petercam as a partner and head of Petercam Institutional Asset Management. In 2016, following the merger between Degroof and Petercam, he took over the management of DPAM as CEO. Hugo Lasat is a visiting professor at KU Leuven Campus Brussel and is a director of Baloise Holding as well as a member of several non-profit organizations.


Peter De Coensel started his career in 1991 at ING Belgium (formerly BBL) where he served as a market maker in Belgian government bonds. By 1994, he focused on European government bond trading for ABN Amro and CDC Paris. He was active as a hedge fund manager at Commodities Corporation which was taken over by Goldman Sachs Asset Management. In 2000, he returned to Belgium to work as a financial markets strategy consultant for IBM and Capco. He became the fund manager of credit funds and segregated mandates at Capital@Work in 2005. Peter joined Petercam in 2009 as a fund manager. He is currently CIO Fixed Income and member of the board of directors of DPAM. Peter De Coensel gained a master's degree in applied economic sciences at the Catholic University of Leuven (KU Leuven) and holds a postgraduate degree from University of Brussels (ULB) where he majored in European economics.

 

About Banque Degroof Petercam Luxembourg

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house built on more than 150 years of integrated financial knowledge. We create responsible prosperity for all by opening doors to opportunities and accompanying our private, corporate and institutional clients with expertise. 

Clients in over 20 countries trust us for our convictions and for our distinctive combination of services in private banking, asset management, investment banking (corporate finance and global markets) and asset services. Total client assets (under management, under administration and in custody) amount to 86 billion euros (on 31.12.2021). 

More than 1,500 experts are committed to our clients through offices in Belgium, Luxembourg, France, Switzerland, Spain, the Netherlands, Germany, Italy and Hong Kong.

Present in Luxembourg since 1987, Degroof Petercam Luxembourg employs more than 370 people in three entities located in the La Cloche d'or area: Banque Degroof Petercam Luxembourg S.A., Degroof Petercam Asset Services S.A. and Degroof Petercam Insurance Broker S.A..  

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Link to the website of Degroof Petercam Luxembourg: https://www.degroofpetercam.lu

Banque Degroof Petercam Luxembourg
Zone d'activité La Cloche d'or
12, rue Eugène Ruppert
L-2453 Luxembourg