Van Geyt was previously a director of investments for Belgium, at BNP Paribas Fortis, where he oversaw all investment-related activity for the Brussels-based private banking unit.
KBL said the hire follows the expansion of its executive committee earlier this year which was aimed at “better meeting the needs of the group and its clients”.
Van Geyt will lead investment strategy and activity across the bank’s nine markets and will report to Jacques Peters, KBL’s group chief executive.
Peters said: “Working closely with both the senior management of the group and local CIOs across our pan-European network, Stefan will further enhance our ability to serve as a trusted advisor and investor, meeting the evolving needs of our clients in all the markets in which we are present.”
KBL has €41bn (£34.5bn, US $54.1bn) assets under management as of December 31, 2012. The bank has publicly stated that it aims to become a top 20 European private banking group by 2015, with a minimum of €50bn in assets under management and €100m in annual net profit.
