Former Carrefour chief executive Georges Plassat has joined Belgian private bank Degroof Petercam as a senior advisor, a spokeswoman for the bank said on Monday.
"Georges Plassat will bring his in-depth knowledge of the retail sector. This nomination is in line with the strategy of Degroof Petercam to become an independent leader in investment banking in Europe," the spokeswoman said
Carrefour said on Saturday that Plassat, who stepped down in July 2017, would give up part of his departure package after facing pressure from unions, employers' bodies and the government over his payout.
Degroof Petercam manages more than €50 billion euros worth of assets, and employs 1,350 people in Belgium, Luxembourg, France, Spain, Switzerland, the Netherlands, Germany and Italy.
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