| Change of CEO at BIL | https://www.bil.com/en/bil-group/pressroom/news/Pages/change-of-CEO-at-BIL.aspx | Change of CEO at BIL | | <p>Today, the Board of Directors, subject to final regulatory approval, has unanimously appointed Marcel Leyers as the new CEO of BIL Group. Marcel Leyers, 56, a Luxembourg national, joined BIL in 1983 and is currently BIL’s Head of Corporate and Institutional Banking and a member of the authorized management (comité de direction) of BIL.</p>
<p>Luc Frieden, Chairman of the Board of Directors of BIL, comments: “<i>I am sad to see Hugues Delcourt go and thank him for his excellent contribution to BIL. 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. They will ensure a smooth transition until May 1, 2019.</i>”</p>
<p>Peng Li, Senior Vice President and a member of the Executive Committee of Legend Holdings adds: “<i>We respect Hugues' decision and we would like to thank him for all that he has done over the past five years for the development of BIL. He will remain a close friend of the bank and of Legend Holdings. We welcome Marcel as the new CEO. Legend Holdings has full faith in his ability to continue to lead BIL on the path of sustainable growth. We will continue to strongly support the bank, Marcel and the Executive Committee in implementing the medium and long term strategy of BIL.</i>" Legend Holdings has decided to appoint Hugues Delcourt as an advisor for its overseas investment activities.</p>
<p>Hugues Delcourt comments: “<i>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.</i>”</p>
<p>The incoming CEO Marcel Leyers states: “<i>As BIL is about to embark on its 2025 strategy, I look forward to leading BIL and its teams that I know so well to the next chapter of its long history. I am confident that BIL, as an independent systemic bank, will be able to further strengthen its key role as a stable and innovative bank in the Luxembourgish economy and on the international markets.</i>”</p> | 3/22/2019 9:00:00 AM | EN | After five years as CEO of Banque Internationale à Luxembourg, Hugues Delcourt has decided to leave his position. | | |
| BIL EXHIBITION: ECCO by Elisabeth Calmes | https://www.bil.com/en/bil-group/pressroom/news/Pages/BIL-EXHIBITION-ECCO-by-Elisabeth-Calmes.aspx | BIL EXHIBITION: ECCO by Elisabeth Calmes | | <p>Born in Luxembourg in 1947, Elisabeth Calmes is an artist with an unusual background. After graduating from ENSAAMA (École nationale supérieure des arts appliqués et des métiers d’art – College of Arts and Design) in Paris, she began her professional career as an interior designer. It wasn’t until the 1980s that she was able to dedicate herself to her true calling, painting. Since 1987, her work has been shown in galleries across Europe and the US.</p>
<p>As an exhibition, <i>ECCO</i> is compelling because it brings together works that draw simultaneously on the two major undercurrents in painting since the beginning of the 20th century, figurativism and abstraction. <i>ECCO</i> also traces Calmes’ journey through the years, between Paris, Brooklyn (where the artist lived in 2008 and 2009) and Luxembourg.</p>
<p>Of the exhibition and her work, Calmes had this to say: “<i>ECCO is the word my painting represents, the one it seems to speak most clearly. ECCO. This is the results of the developments over the past few years. The subjects are those life has illuminated. Cities, music and nature are all events that I have metabolised on the canvas.</i>”</p>
<p>Elisabeth Calmes’ <i>ECCO</i> will be open to the public on business days from 8 March to 24 May 2019 (8am to 6pm) at Galerie L’Indépendance in Luxembourg, 69 route d’Esch.</p> | 3/8/2019 2:00:00 PM | EN | From 8 March to 24 May 2019, the Galerie Indépendance at Banque Internationale à Luxembourg will be displaying work by Elisabeth Calmes in her exhibition entitled ECCO. | | |
| The 2019 Business Woman of the Year competition has begun | https://www.bil.com/en/bil-group/pressroom/news/Pages/Business-Woman-of-the-Year-2019.aspx | The 2019 Business Woman of the Year competition has begun | | <p>According to a study by the OECD<sup>1</sup> , women remain significantly under-represented among business leaders although the participation of women in the labour market has increased steadily over the last 50 years. Only 30% of companies in OECD countries are reported to be owned by women despite the fact that entrepreneurship is recognised as a powerful vehicle for job creation, innovation and growth.</p>
<p>Conscious of this untapped potential and in line with its goal of financing the national economy, BIL launched the Business Woman of the Year competition in 2006. The aim of the competition remains unchanged: to emphasise the important role that women play in business and to support female entrepreneurship. In this 10<sup>th</sup> edition, innovation will once again be a key requirement for taking home the award.</p>
<p><i>“Barriers to greater gender equality still exist in the working world, but skill and talent know no gender. With the Business Woman of the Year competition, we wish to make our contribution to bridging the gender gap by putting the spotlight on female entrepreneurship”</i>, said Karin Scholtes, Head of People, Culture and Communication at BIL.</p>
<p>The panel of judges, composed of male and female representatives of BIL and its partners Technoport, Jonk Entrepreneuren, Paul Wurth InCub, Schiltz & Schiltz, Equilibre and WIDE, will select an innovative project led by a woman, who may be a manager in a start-up or an SME established in Luxembourg.</p>
<p>Contestants must submit their application at <a href="www.bilbusinesswoman.com" target="_blank">www.bilbusinesswoman.com</a> before 24 April. Submitted projects must be innovative and have a positive impact on Luxembourg’s economy. The judges will then invite the top five contestants to pitch their projects on 5 June 2019 before selecting the Business Woman of the Year, who will be presented with a cheque for €10,000.</p>
<p>The complete terms and conditions of the Business Woman of the Year competition are available at <a href="www.bilbusinesswoman.com" target="_blank">www.bilbusinesswoman.com</a>.</p><br>
<p><sup>1</sup> Closing the Gender Gap: Act Now, OECD</p> | 3/4/2019 11:00:00 AM | EN | BIL and its partners Technoport, Jonk Entrepreneuren, Paul Wurth InCub, Schiltz & Schiltz, Equilibre and WIDE have launched the call for entry for the Business Woman of the Year competition. | | |
