KBC Ireland CEO Peter Roebben is to take over the running of the bank’s Bulgarian arm as part of a sweeping management change announced by the Belgian parent. KBC Ireland was rocked last year by an €18.3m fine in relation to the tracker mortgage scandal, though the origins of that pre-dated Mr Roebben’s time in the Irish role which he took up in 2019. The latest changes at the top of KBC across Europe include the retirement of group chief financial officer (CFO) Rik Scheerlink. The CEO of the bank’s operations in its home market in Belgium, Daniel Falque, is leaving KBC in May to 'pursue other interests', KBC said. In February, KBC Ireland reported a net loss of €48m for last year, largely down to the size of an impairment charge taken in anticipation of Covid-related losses.

Source: Irish Independent March 16, 2021 08:14 UTC