Age, Biography and Wiki

Michel Tilmant is a Belgian banker and former CEO of Fortis Bank. He was born on 21 July 1952 in Brussels, Belgium. He graduated from the Université Libre de Bruxelles in 1975 with a degree in economics. Tilmant began his career in banking in 1975, when he joined the Banque Bruxelles Lambert. He rose through the ranks and eventually became the CEO of Fortis Bank in 1998. During his tenure, he oversaw the merger of Fortis Bank with ABN AMRO in 2007. Tilmant retired from Fortis Bank in 2008 and was succeeded by Herman Verwilst. He currently serves as the chairman of the board of directors of the Belgian-Dutch financial services company Ageas. Tilmant is married and has two children. He is estimated to have a net worth of $20 million.

Popular As N/A
Occupation Banker
Age 72 years old
Zodiac Sign Cancer
Born 21 July, 1952
Birthday 21 July
Birthplace N/A
Nationality Belgium

We recommend you to check the complete list of Famous People born on 21 July. He is a member of famous Banker with the age 72 years old group.

Michel Tilmant Height, Weight & Measurements

At 72 years old, Michel Tilmant height not available right now. We will update Michel Tilmant's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
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Children Not Available

Michel Tilmant Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Michel Tilmant worth at the age of 72 years old? Michel Tilmant’s income source is mostly from being a successful Banker. He is from Belgium. We have estimated Michel Tilmant's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Banker

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Timeline

2010

On 25 January 2010, one year after his sudden resignation, Tilmant refused to be questioned by the 'Commissie de Wit' the Dutch Financial Crisis Inquiry Commission on the occurrences that led to the technical bankruptcy of ING under his jurisdiction. Former Non Executive Board Member and former Labor Prime Minister of the Netherlands Wim Kok was severely criticized for his explanation on his ratification of the extravagant salary increase (584%) granted to Tilmant and his board in 2004 to stay in line with salaries paid in the Banking industry. After leaving ING, Tilmant joined the board of the Luxembourg-based Foyer Group as an executive director.

2009

On 26 January 2009 ING announced that he would give up the CEO position because of the "special developments of the previous months and his personal condition".

2007

Dutch Finance Minister Wouter Bos wanted to dismiss ING CEO Michel Tilmant in October 2008, when the government ING capital injection of 10 billion euros was granted. Finance Minister Bos temporarily abandoned the idea since no replacement was available. In January 2009 Tilmant was replaced by Jan Hommen, chairman of the non-executive board. A little over a year before, on 8 November 2007, the same Tilmant had threatened in (the Dutch Financial Times (FD)) to have ING headquarters moved to Brussels to enable him to pay himself and his staff higher salaries and bonuses. He was critical on the moderate economic climate in the Netherlands. He was particularly annoyed with the quality of education and the debate on excessive pay in the Netherlands.

1991

Tilmant, a French speaking Belgian, graduated from the Université catholique de Louvain (Louvain School of Management) in Business Administration and European Affairs. He began his career in finance with Morgan Guaranty Trust Company of New York, serving as Head of European Investor Services in Paris and London, Head of Operations Services in New York, and General Manager of the Brussels branch. In 1991 he became Chief Operating Officer of Banque Internationale à Luxembourg. In 1992, Tilmant joined the Executive Committee of Bank Brussels Lambert (BBL). He became CEO in 1997, one year before ING acquired BBL. That year, he became Chairman of ING Barings and in his appointment as Vice-Chairman of the ING Group and CEO of ING Europe followed in 2000. In April 2004, he succeeded Ewald Kist as CEO of the ING Group.

1952

Michel Tilmant (born 21 July 1952) is a banker and the former CEO of ING Group, a globally operating banking and insurance business based in the Netherlands.