Dexia Group, a Belgian bank engaged in retail banking, has appointed Jean-Luc Dehaene, former Belgian prime minister, and Pierre Mariani, member of the executive committee of BNP Paribas, to its board.

Mr Dehaene has been appointed chairman of the board of directors, replacing Pierre Richard.

Mr Mariani has been appointed CEO and chairman of the management board, replacing Axel Miller.

Dexia Group said that Mr Dehaene and Mr Mariani will take up these posts with immediate effect.