The Board of Directors of KBC Group decided during its meeting on December 15, 2016 to implement a series of changes: Luc Discry, who is retiring, will be succeeded by Katelijn Callewaert as executive director at Cera and KBC Ancora; Lode Morlion and Ghislaine Van Kerckhove, whose terms of office have come to an end in the Cera group, will be succeeded on the Boards of Directors of KBC by Walter Nonneman and Matthieu VanhoveMs Callewaert, Mr. Nonneman and Mr. Vanhove were co-opted as directors at KBC with effect on 16 December 2016. Ms. Callewaert worked from 1981 until the end of 2014 at PwC Tax Consultants sccrl-bcvba, where she had been a director since 1991 and Tax Director Global Compliance Services. Walter was external director at Cera and an independent director at Fluxys Belgium NV. Matthieu started his career in 1979 as an assistant at KU Leuven (in the Faculty of Business and Economics). He worked as an adviser and auditor for cooperative companies in the food sector from 1982 until 1989, before joining CERA Bank, where he worked between 1989 and 1998, first in the Credit Division and then as Head of Asset/Liability Management. Mr. Vanhove is a director and member of the Management Committee of Cera, an executive director of BRS Microfinance Coop and chairman of the National Council of Cooperatives.