BIL Unveils Independent AIF Depositary Strategy Led by Newly Appointed Industry Experts

  • 04/03/2026

The Bank strengthens its role as a neutral partner for alternative investment structures with strategic repositioning and expanded leadership.

Banque Internationale à Luxembourg (BIL), one of Luxembourg’s leading financial institutions, announces a strategic repositioning of its services for Alternative Investment Funds (AIFs). Following the recent separation of its former AIFM and Central Administration service activities, the Bank is reaffirming its commitment to delivering AIF Depositary and banking solutions dedicated to AIFs and their fund managers.

This repositioning sends a strong signal to the market: a renowned Luxembourg bank is now offering AIF Depositary services on a fully independent, non-competing basis, strengthening the ecosystem with a stable and neutral partner for alternative investment structures.

BIL’s repositioning centers on three core pillars:

1. Independent AIF Depositary & Banking Services

BIL will provide fully independent AIF Depositary services to Alternative Investment Funds, complemented by banking solutions tailored to the operational, transactional, and treasury needs of alternative structures. The Bank will also deliver independent services to AIF managers and pursue collaborations with AIFMs and asset servicers on a strictly non-competing basis, reinforcing its role as a neutral and reliable industry partner.

2. Senior Industry Leadership

To drive this strategic directory, BIL has appointed two senior fund-industry professionals to lead and expand its AIF Depositary offering:

  • Ms Florence Alexandre, Head of AIF Depositary
  • Mr Philippe Lanciers, Senior Business Development Manager, AIF Depositary

Their extensive experience in depositary oversight, alternative assets classes, client engagement and governance frameworks, strengthens BIL’s ability to deliver best-in-class services. Together, they will guide the Bank’s next phase of growth in the alternative investment space.

3. Technology & Market Engagement

The repositioning is further enabled by the deployment of integrated technology solutions designed to enhance efficiency, transparency, and reporting accuracy for clients and partners. In parallel, BIL will implement a targeted engagement plan, including participation in key industry events and the roll-out of thought-leadership initiatives across the alternative investment community.

With its strong banking heritage, financial stability and renewed strategic clarity, BIL positions itself as a trusted, independent partner for AIFs, AIFMs, and asset servicers seeking long-term alignment, sector expertise, and non-competing collaboration.

The move marks a new chapter for BIL, one rooted in independence, partnership, and a reinforced commitment to Luxembourg’s alternative investment ecosystem.