June 22, 2005 - Les Echos

Luc Philips, director of KBC Group NV, one of the ten European leaders of the financial services, with a stock exchange capitalization of 21 billion euros, was appointed director not-executive with the board of directors of Norkom Technologies.

Luc brings to the council his knowledge and his experiment of the industry of the financial services where it occupied various administrative duties, including the post of managing director of Almanij and director of KBC Group, KBC Bank and KB Luxembourg of which it chairs the Committee of audit.

Luc is also a chairman of the board of KBC Insurance. Its expertise in the development and the implementation of strategies of company of management and prevention of the financial crime combined with its deep comprehension of the commercial implications of the lawful environment of the financial services will bring a considerable value added to the board of directors of Norkom.

"Today, the industry of the financial services faces major challenges with the rise out of arrow of the complexity and the sophistication of the criminal activity and the reinforcement of the requirements for lawful conformity of the sector. Profiting from an experiment of first order in the impact of these two problems on the businesses, I am very happy to join the board of directors of Norkom. Norkom is an organization which has the vision necessary to understand that the challenges to which the industry of the financial services faces as regards fight against the crime and of conformity-deontology do not exclude mutually - a vision which is reflected clearly in the way in which the company developed its solutions of fight against the financial crime. I wait impatiently to contribute to the direction of the company and to put my knowledge and my experiment with the service of the continuous development of the solutions of fight against the financial crime of Norkom and its marketing strategy ", comments on Philips.

The success growing of Norkom on the market is reflected by the growth continues of the customers of the company, which concluded from new contracts recently with Euroclear, Travelex and Erste Bank Group in particular.

"As a company, Norkom is convinced that success results from a perfect comprehension from the needs for our customers and sector as for the guarantee that our solutions are developed to meet these needs. The appointment of Luc to the board of directors, his expertise and its experiment on the industry of the financial services reinforce our capacity to guarantee that we will continue on this only road ", comments on Paul Kerley, general manager of Norkom Technologies.

<< Back To Media Coverage