New appointment to the Executive Committee of K...

Regulated information* - 13 January 2009 (5.40 p.m. CET)

In keeping with the succession plans drawn up in 2005 for members  of
the Executive Committee, Herman Agneessens, Chief Financial and  Risk
Officer (CFRO) and member of the Executive Committee of KBC Group  NV
has expressed his intention to retire from KBC, with effect from  the
annual general meeting of 30 April  2009. At that time, he will  have
spent 37 years  with KBC,  thirteen as  a member  of KBC's  Executive
Committee. He will be  succeeded by Luc Philips,  who has carved  out
his entire career with  the KBC group, knows  the company inside  out
and will therefore ensure that the change is a seamless one.

The  Board  of  Directors  of  KBC  Group  NV  wishes  to  take  this
opportunity to  express  its  sincere gratitude  to  Herman  for  his
contribution (including his work as CFRO) to the successful growth of
KBC into a leading bancassurance group.  As CFRO, he also made  every
effort to ensure that financial information was communicated  clearly
and transparently to shareholders and financial analysts.

Herman Agneessens, who will turn 60 in May, graduated from KU  Leuven
with a  Doctorate in  Law.  He started  his  career with  the  former
Kredietbank in 1971, where  he worked initially  in the Middle  East,
and then in  Australia and  the US. In  1983, he  was appointed  Vice
President and General Manager of  the Kredietbank's New York  branch.
Six  years  later  he  was   promoted  to  General  Manager  of   the
International Directorate, based at the Kredietbank's head office  in
Brussels. He  was  appointed Executive  Director  and member  of  the
Executive  Committee  of  the  Kredietbank  in  1995,  and  Executive
Director of KBC Bank and member of the Executive Committee of the KBC
Bank and Insurance Holding Company in 1998 (when the holding  company
was formed  through the  merger  of the  Kredietbank, CERA  Bank  and
ABB-insurance). He was  responsible for the  successful expansion  of
activities in Central and Eastern  Europe between 1998 and 2003,  and
has been CFRO and a member of the KBC Group Executive Committee since
2004.

With the  approval of  the Executive  Committee and  having  received
advice from the Nomination Committee,  the Board of Directors of  KBC
Group NV has appointed Luc Philips  to succeed Herman as a member  of
the Executive Committee and as KBC Group CFRO, with effect from 1 May
2009.
The Management Committee of the Belgian Banking Finance and Insurance
Commission provided  KBC  with  its concurrent  advice  today  on  Mr
Philips' appointment.

Luc Philips (born in 1951) graduated in Commercial and Financial
Sciences from the College of Management and Commercial Sciences
(Hoger Instituut voor Bestuurs- en Handelswetenschappen) in Brussels.
He joined the former Kredietbank in 1971, working first in the Credit
Department and then in the International Credit Division, before
moving to the bank's New York branch in 1981, where he took over the
reins six years later. He returned to Belgium in 1991 to take charge
of the Central Management - Multinationals Division. He was promoted
to General Manager of the Investment Banking Directorate in 1993, and
was appointed Executive Director and member of the Executive
Committee of the Kredietbank in 1997. In 1998 - following the merger
of the Kredietbank, CERA Bank and ABB-insurance - he became Executive
Director of the KBC Bank and Insurance Holding Company and of KBC
Bank. In 2003, he gave up this office to become an Executive Director
and member of the Executive Committee of the former Almanij company,
which also enabled him to take a seat on the Boards of Directors of
the KBC Bank and Insurance Holding Company, of KBC Bank and of KBC
Insurance. Following the merger of the KBC Bank and Insurance Holding
Company with Almanij in 2005, Luc became Chairman of the Board of
Directors of KBC Insurance, Deputy Chairman of the Board of Directors
of KBC Bank and a Director of KBC Group NV, as well as Chairman of
the audit committees of KBC Bank and of KBC Group NV.


* This news item contains information that is subject to the
transparency regulations for listed companies.


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