12 December 2013
KBL European Private Bankers (KBL epb) announced today the appointment of Marc Formisani, a senior professional with more than a decade of corporate finance experience, as Head of Mergers & Acquisitions, based in Luxembourg.
This appointment comes at a time when KBL epb is focused on realizing its vision to become a top 20 European private banking group by 2015. To achieve this ambitious goal, the group is currently identifying inorganic growth opportunities – including potential acquisitions in its core markets.
In charge of the group’s M&A team, Formisani will lead, coordinate and execute the M&A process, in close collaboration with all relevant stakeholders. He has also been mandated to provide analysis and act as a trusted advisor to the KBL epb Executive Committee.
“Today, KBL epb has significant growth ambitions and the full support of our shareholder to achieve our goals,” said Jacques Peters, Group CEO, KBL epb. “Marc Formisani will play a critical role in the realization of the group’s 2015 vision by driving future M&A activity across our footprint.”
Most recently, Formisani served as a Senior Manager in the M&A and Strategic Watch team of Dexia Group, where he advised the Management Board on the execution of a range of strategic cross-border M&A transactions in the financial services sector.
Previously, he served at the European Commission as a Program Manager for the European Social Fund. Earlier, Formisani held the position of Manager in the Investment Banking division of Bank Degroof.
He began his professional career as a consultant in the Corporate Finance department at PricewaterhouseCoopers, providing advice on valuations, acquisitions, mergers and restructurings.
A Belgian national, Formisani holds an MBA, with a major in Finance, from the Louvain School of Management.