Yves Stein, which KBL describes as a “very senior financial services professional”, will be based in Luxembourg and joins from Union Bancaire Privée (Europe), also in Luxembourg, where he was also CEO.
Stein’s is a new position within KBL and follows a recent announcement in which it said it planned to expand its executive committee in order to “better meet the needs of the group and its clients”. At the time of that announcement it also appointed Marc Lauwers as chief operating officer for the group.
KBL said further additions to the executive committee will be announced shortly.