William Van Impe resigned as joint general manager of the 139.5 Belgian franc ($3.1 billion) Belgacom Pension Funds, Brussels. He was named head of portfolio management for the insurance assets of Fortis AG Belgium, effective Nov. 1. It is a new position. The appointment follows a decision by the Fortis Group to transfer management of group insurance assets to the insurance company from its money management arm, Fortis Investment Management, Mr. Van Impe said.
Philip Neyt, joint general manager for Belgacom, said he will take over Mr. Van Impes responsibilities and also will be CEO for the pension plans, a new position.