Bart Smet - Ageas SANV CEO and Executive Director

AGESY Stock  USD 59.14  0.34  0.58%   

CEO

Mr. Bart Karel August De Smet was Chief Executive Officer, Executive Director, Member of the Executive Committee of Ageas S.A. since July 1, 2009. He is responsible for the Business, Strategy and Business Development, Audit and Communications. He earned a degree in mathematical sciences from the Catholic University of Louvain, and has diplomas in Actuarial Sciences and Managerial Sciences. He began his career with Argenta in 1982. From 1985 to 1993, he served as Executive Vice President of the Life division at the Swiss insurance company Nationale Suisse. In 1994, he joined ING Insurance Belgium, where he was a member of the ExCo, responsible for individual and group life insurance, health insurance banking activities. He moved to Fortis in 1998, where he was a member of the management committee of Fortis AG and responsible for Fortis Employee Benefits. In 2005, he took charge of the Broker Channel at Fortis Insurance Belgium, assuming the position of Chief Executive Officer of Fortis Insurance Belgium in 2007. In June 2009 he became Chief Executive Officer of Fortis, which was renamed Ageas following the AGM in April 2010. He has a specific responsibility for the Strategy Development, Audit and Communications departments. since 2009.
Age 66
Tenure 16 years
Phone32 2 557 57 11
Webhttps://www.ageas.com

Ageas SANV Management Efficiency

Ageas SANV's management efficiency ratios could be used to measure how well Ageas SANV manages its routine affairs as well as how well it operates its assets and liabilities.
100%
ageas SANV has accumulated 3.65 B in total debt with debt to equity ratio (D/E) of 0.74, which is about average as compared to similar companies. ageas SANV has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Ageas SANV until it has trouble settling it off, either with new capital or with free cash flow. So, Ageas SANV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ageas SANV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ageas to invest in growth at high rates of return. When we think about Ageas SANV's use of debt, we should always consider it together with cash and equity.
Debt62.19%Cash37.81%100%

Similar Executives

Found 9 records

CEO Age

Thomas BuberlAXA SA
50
Fabian RupprechtNN Group NV
54
Ricard WennerklintSampo OYJ
54
Mario GrecoZurich Insurance Group
64
Torbjorn MagnussonSampo OYJ
60
Kristof TerrynZurich Insurance Group
56
David KnibbeNN Group NV
52
David GansbergArch Capital Group
51
Jeffrey DaileyZurich Insurance Group
66
ageas SANV, together with its subsidiaries, engages in insurance business in Europe and Asia. The company serves private individuals, as well as small, medium-sized, and large companies through independent brokers and the bank channels. ageas SANV was founded in 1824 and is headquartered in Brussels, Belgium. Ageas NV operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange. It employs 10101 people. ageas SANV [AGESY] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

ageas SANV Leadership Team

Elected by the shareholders, the Ageas SANV's board of directors comprises two types of representatives: Ageas SANV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ageas. The board's role is to monitor Ageas SANV's management team and ensure that shareholders' interests are well served. Ageas SANV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ageas SANV's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bart Smet, CEO and Executive Director
Steven Braekeveldt, Member of the Management Committee and CEO of Continental Europe
Hans Cuyper, CEO Director
Filip Coremans, Chief Risk Officer
Gary Crist, Member of the Management Committee and CEO Asia
Christophe Boizard, CFO Director
Emmanuel Grimbergen, Member of Management Committee and Group Risk Officer
Veerle Verbessem, Group Relations
Jerry Bata, Head Legal
Antonio Bosque, MD Director

Ageas Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Ageas SANV a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ageas Pink Sheet Analysis

When running Ageas SANV's price analysis, check to measure Ageas SANV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ageas SANV is operating at the current time. Most of Ageas SANV's value examination focuses on studying past and present price action to predict the probability of Ageas SANV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ageas SANV's price. Additionally, you may evaluate how the addition of Ageas SANV to your portfolios can decrease your overall portfolio volatility.

Discover investing ideas

Utilize additional investing modules

News Freq…Investor S…