Carine Feipel Elected Chairwoman of ILA

At its annual general meeting on Tuesday, the Luxembourg Institute of Directors (Institut Luxembourgeois des Administrateurs, ILA) elected Carine Feipel as the Chairwoman of the Board with immediate effect.

Carine Feipel is a Luxembourg attorney and a certified independent director. She is a member of several Boards of Directors, including those of Banque de Luxembourg, La Luxembourgeoise, AIG Europe, Fidelity Funds, Morgan Stanley Investment Funds and CDCL. She has practised as a lawyer since 1994, specialising in insurance law and then spent almost 20 years with a major Luxembourg law firm before going independent in 2014. Since 2010, Carine Feipel has been a member of various committees within the Haut Comité pour la Place Financière. She has also been a member of the ILA Board of Directors and Management Committee since 2015.

The annual general meeting held at the BCEE’s Banking Centre on 19 Avenue de la Liberté in Luxembourg-ville also marked the last meeting for the out-going chairman Raymond Schadeck, having completed his maximum four-year term. At the meeting, he presented the 2018 results and the association’s objectives for the coming years, noting that the ILA now has more than 1,800 members.

Commenting on her new role, Carine Feipel commented, "I am very honoured to be appointed as Chair of ILA. I look forward to working with the Board and all of ILA’s members to contribute to the improvement of corporate governance in all types of organisations. As Boards of Directors face new challenges, whether technological, regulatory or others, ILA intends to help its members adapt and receive appropriate trainings to improve their knowledge and expertise".

Moreover, the ILA Board was partially renewed at the annual general meeting, with five of its members re-elected and two new members chosen.

The new ILA board is as follows: Carine Feipel (Board member since 2015, elected Chairwoman since 2019); Monique Bachner (since 2011), Ruth Bültmann (since 2016, re-elected in 2019); Katia Ciesielska (2019); Vincent Decalf (2012); Emmanuel Dolle (re-elected in 2019); Michèle Eisenhuth (2011); Marc Feider (elected in 2019); Philippe Hoss (since 2010, re-elected in 2019); William Jones (2014); John Li (since 2010, re-elected in 2019); Sophie Mitchell (2012); John Parkhouse (2015); Thierry Schuman (2011); Rosa Villalobos (since 2013, re-elected in 2019); David Barth (2017); Marjolijne Droogleever Fortuyn (2017); Pierre Margue (2017).

The annual general meeting was followed by a conference entitled "Brexit - shaping financial market and governance changes in Europe" by Italo di Lorenzo, Head of Regulatory Operations and Group-wide Brexit Readiness Project Manager at Deutsche Börse Group, Germany and Luxembourg.

As is tradition, the day ended with an award ceremony, where nine new ILA Certified Directors and eight new ILA Certified Company Secretaries received their certificates. This brings the totals to 124 Directors and seventeen Company Secretaries certified by ILA in Luxembourg. A cocktail provided by BCEE followed, giving participants a networking opportunity.