Mr. Kris Wulteputte, CFRO (Chief Financial & Risk Officer) of the KAS BANK board of directors, will leave the bank at his own initiative effective as of the end of July 2015. As of that date, he will become responsible for the risk management of a European subsidiary of an international bank. He will be based in Munich, Germany.

The transfer of the duties and responsibilities of Mr. Wulteputte will take place in mutual consultation in due time.