New Luxembourg bankers' association CEO appointed

(CS) The Luxembourg association of banks and bankers ABBL has appointed Serge de Cillia to suceed outgoing CEO and Head of the Management Board Jean-Jacques Rommes.

It had been announced in July that Rommes would be leaving ABBL for the director's post at enterprise union UEL.

De Cillia was appointed to the management board in July, after having been a member of the association since 2001. It has now been announced that he will succeed Rommes as the board's head as well as CEO from May 1, 2014.

The new CEO is responsible for banking regulation and financial markets, as well as depositary bank activities, trading/listing, post-trading and professional training.

Rommes will remain in office until the end of April next year.