The Count Lippens | |
---|---|
Born | Knokke, Belgium | 9 May 1943
Nationality | Belgian |
Occupation | Businessman |
Known for | Chairman of Fortis |
Maurice Robert Josse Marie Ghislain, Count Lippens (born 9 May 1943 in Knokke, Belgium) is a Belgian businessman and banker. He is the grandson of Maurice Lippens (1875) and brother of Leopold Lippens, mayor of Knokke-Heist.
Maurice Lippens obtained a doctorate in law from the Universite Libre de Bruxelles (ULB) (Brussels, Belgium) in 1967, and an MBA degree from the Harvard Business School (U.S.) in 1972.
Maurice Lippens started his professional career in South Africa to assist with the reorganisation of the Maatschappij voor Zeevisserij where he stayed for five months, and then served his military service duties in the Belgian army.
Afterwards, he went through an apprenticeship at the Banque de Paris et des Pays-Bas (financial analysis), followed by the Générale de Banque in financial management. After he graduated from Harvard Business School (MBA), he held management positions at Scienta S.A., the Société Européenne de Venture Capital. He then took over a company in Brussels on his own account, which was resold in 1979.
Maurice Lippens joined the AG Group in 1981, in 1983, he became managing director, and then Chairman / Managing Director in 1988. He has been the Chairman of Fortis since 1990, participating to the creation of the group. In 2000, he became chairman of the executive committee of Fortis. In 2004, he became the sole President of the group. [1]
Mr Lippens was relieved of his position after a government bailout of the bank on 28 September 2008. [2] He has been involved in numerous law suits and was accused of calling for private investors to buy more Fortis shares in June 2008. [3] In 2009, he still owned his shares (920,000 shares) of Fortis. [4] In 2012, a Dutch court cleared Maurice Lippens for the misleading financial information published by Fortis in May–June 2008. [5] In 2018, the Belgian justice dropped charges against seven ex-directors of Fortis, including Maurice Lippens, considering that they could not have foreseen the subprime mortgage crisis. [6] [7]
After leaving Fortis in 2008, he lived off his family's real estate company. [8]
2004: Grand Officer of the Order of Léopold II [1]
BNP Paribas is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial institutions, Banque Nationale de Paris (BNP) and Paribas. It also incorporates many other major institutions through successive acquisitions, including Fortis Bank in Belgium, Direkt Anlage Bank in Germany, Banca Nazionale del Lavoro in Italy, Banque Générale du Luxembourg in Luxembourg, and Türk Ekonomi Bankası in Turkey. The group has also been present in the United States through its subsidiaries Bank of the West until 2023 and First Hawaiian Bank until 2019. With 190,000 employees, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS); Investment & Protection Services (IPS); and Corporate & Institutional Banking (CIB).
The National Bank of Belgium is the Belgian member of the Eurosystem. It was established by a law of 5 May 1850 and has been the monetary authority for Belgium from then until 1998, issuing the Belgian franc.
Fortis, formally Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels. It grew rapidly through multiple acquisitions, and in 2007 was the 20th largest financial services business in the world by revenue. It was listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges.
The Société Générale de Belgique was an investment bank and, subsequently, an industrial and financial conglomerate in Belgium between 1822 and 2003. It has been described as the world's first universal bank. The banking element was split in 1935 and became the Générale de Banque. At its height in the late 19th and early 20th centuries, the Société Générale exercised significant control over large portions of the national economy of Belgium and the Belgian colonial empire.
Mathias François Dewatripont is a Belgian economist and professor at the Université libre de Bruxelles (ULB) and visiting professor at the Massachusetts Institute of Technology (MIT).
The Cercle de Lorraine (French) or Club van Lotharingen (Dutch) was a Belgian business club, located in Brussels. The club was founded in 1998 to bring together distinguished and representative personalities from the Belgian financial community, both French-speaking (Walloons) as well as Dutch-speaking (Flemish), who were united within an honorary committee.
Maurice Auguste, Count Lippens was a noble Belgian businessman, politician, and colonial civil servant and lawyer.
The Générale de Banque was a major Belgian bank, created in 1934 as a spin-off from the powerful financial conglomerate Société Générale de Belgique (SGB) in compliance with new Belgian legislation that mandated separation of commercial banking activities from investment holdings. It was initially named the Banque de la Société Générale de Belgique, then from 1965 to 1985 the Société Générale de Banque. Upon establishment, it was the dominant bank in Belgium, with one-third of total banking assets, not counting other SGB-linked banking entities such as the Banque d'Anvers and the Banque Italo-Belge.
Bank Brussels Lambert was a prominent Belgian bank that was created in 1975 through the merger of Banque de Bruxelles and Banque Lambert, and was eventually acquired in 1998 by ING Group; however the name survived as part of Groupe Bruxelles Lambert, which controlled the bank prior to its acquisition.
Maurice Frère was a Belgian civil servant and governor of the National Bank of Belgium (NBB) from 1944 until 1957. He lectured at the Free University of Brussels.
The Solvay Brussels School of Economics and Management is a school of economics and management, and a Faculty of the Université libre de Bruxelles (ULB), a French-speaking private research university located in Brussels, Belgium. Business education started in 1899, and Solvay was established in 1903 through a donation from the industrialist Ernest Solvay.
Ageas is a Belgian multinational insurance company co-headquartered in Brussels. Ageas is Belgium's largest insurer and operates in 13 countries worldwide. The company was renamed from Fortis Holding in April 2010 and consists of those insurance activities remaining after the breakup and sale of the financial services group Fortis during the financial crisis of 2007-2010.
The Goblet d'Alviella family is an old family from Tournai and originally from the high Portuguese nobility dating back to 1668, it has been recognised in the Belgian nobility. On June 21, 1838, it received from Queen Mary II of Portugal, the hereditary title of "Count of Alviella" and "Grandesse" in favor of Albert Goblet. On November 20, 1838, King Leopold I of Belgium homologated the letters patent and authorized the family to hold this same title in Belgium. On February 22, 1845, Count Louis Goblet d'Alviella and his descendants were allowed to wear a crown of Marquis on their coats of arms instead of a crown of count, by King Leopold I of Belgium.
Count Jacques Andres Coghen was the second Minister of Finance of the Kingdom of Belgium (1831-1832), and a direct ancestor of the current King, Philippe of Belgium.
The Bank of Brussels was a prominent bank in Brussels, established in 1871 and merged in 1975 with Banque Lambert to form Banque Bruxelles Lambert. It was Belgium's second-largest bank for most of its existence, behind the Société Générale de Belgique and, from 1934 onwards, its spun-off banking subsidiary.
The Banque Lambert was a significant family-controlled bank in Belgium, with roots going back to 1835 and long associated with the Rothschilds. It merged in 1975 with Banque de Bruxelles to form Bank Brussels Lambert, which itself was acquired in 1998 by ING Group.
AG Insurance is a Belgian insurance company providing life insurance and non-life insurance and supplementary pensions. It has been present on the Belgian insurance market since 1824. It targets private individuals, as well as self-employed persons, SMEs and large companies. AG Insurance's products are distributed exclusively through its partners.
Events in the year 1941 in Belgium
The Algemene Spaar- en Lijfrentekas / Caisse générale d'épargne et de retraite was a major Belgian public bank, originally created in 1850 as a pension institution. It was acquired in stages between 1993 and 1998 by Fortis Group. In 1999 Fortis merged it with Générale de Banque and other operations to form Fortis Bank, which in turn was integrated from 2009 into BNP Paribas.
The Banque d'Outremer, initially known as the Compagnie Internationale pour le Commerce et l'Industrie was a Belgian financial institution, established in 1899 in the context of the exploitation of the Congo Free State, and eventually merged into the Société Générale de Belgique in 1928.
{{cite web}}
: |last=
has generic name (help)