Jef Van In succeeds Frank Koster who will step down as CEO of AXA Belgium, following recent management and organization changes at AXA Group. Emmanuel Vercoustre, deputy CEO and CFO of AXA Bank Europe, will chair ad interim the Management Board of AXA Bank Europe. Frank Koster will step down as CEO of AXA Belgium as of July 15th 2016, he will be advising the company until the end of the year.
Frank has been a very dynamic and change oriented leader of our Belgian insurance business. He delivered strong business results and initiated the "Simple & Connected" transformation program to make AXA Belgium a more agile and outward looking company. Frank also was a valued member of AXA Group’s Executive Committee. I wish him the best for his future outside AXA.
We are pleased to have Jef leading AXA Belgium after his very successful management of AXA Bank Europe. I am confident that he will continue and accelerate the transformation of AXA Belgium, reinforcing it as industry leader benefitting from both its client focus, strong distribution network and its ability to innovate.
This appointment is subject to the approval of the National Bank of Belgium (NBB), the Belgian Financial Regulatory Authority.
Jef Van In spent the early part of his career in Structured Finance at Bank Brussel Lambert and Sumitomo Bank Brussels. Thereafter he joined ING where he has been a retail banker, first as head of retail and private banking operations of the Brussels North Region before taking up national responsibilities for savings and investments, branch design and roll out.
From 2006 to 2009, in the capacity of CEO ING Retail Bank Ukraine, he led the ING retail start-up in Ukraine, its further development and later on the closing of the retail bank. Back in Belgium in 2009, Jef became responsible for the strategic vision and implementation of the ING Belgium online corporate distribution platform redesign. Jef Van In joined AXA in 2011 as CEO of Bank Europe. In 2013 he became President of the Supervisory Boards of AXA insurance (Life and P&C) in Poland, Czech Republic, Slovak Republic, Ukraine, Romania & Hungary. Jef Van In holds a Master degree in Commercial engineering from KU Leuven and an Executive MBA from the Flanders Business School in Antwerp.