merchant services bank

Fortis will restructure its top management as of 1 January 2008.[1] The Executive Committee will be recomposed and responsibilities redistributed. A Business Executive Committee - which will replace the Fortis Management Committee - will be installed and will operate in closest collaboration with a Group Executive Committee. Taking into account the Fortis managers who have already taken up responsibilities within ABN AMRO, Fortis is convinced it now has the adequate management structure in place, not only to guarantee the successful integration of the acquired businesses, but also to develop Fortis as a whole.

1. The Group Executive Committee will consist of:

* Jean-Paul Votron, CEO and Executive Director (Audit reports directly to the CEO);

* Herman Verwilst, Deputy CEO and Executive Director (Human Resources, Public and External Affairs, Business Transformation Office report to the Deputy CEO);

* Gilbert Mittler, Member of the Group Executive Committee responsible for Finance, Risk and General Counsel;

* Filip Dierckx, Member of the Group Executive Committee responsible for Merchant Banking;

* Lex Kloosterman, Member of the Group Executive Committee responsible for Private Banking, Asset Management, Investor Relations and Corporate Social Responsibility;

* Camille Fohl, Member of the Group Executive Committee responsible for Retail Banking and for Global Branding and Communications;

* Peer van Harten, Member of the Group Executive Committee responsible for Insurance and for Real Estate;

* Alain Deschênes, Member of the Group Executive Committee responsible for Technology and Information Services, Operations, Facility, Purchasing and Process Improvement.

Questions for the Pentagon: Who is Hesham Islam?

In the sorry tradition of shooting the messenger, the Pentagon is cashiering its top expert on Islamist doctrine, Stephen Coughlin. Some members of Congress are now contemplating hearings to ask why. Along with drawing attention to Coughlin's research, now circulating on the Internet, the growing controversy has thrown a spotlight on Coughlin's alleged nemesis at the Pentagon, a top aide named Hesham Islam -- whose tale deserves closer attention. Not least, as a reporter for the Armed Forces Press Service observed last year, it would make a great Hollywood blockbuster.

Certainly there are subplots here that seem made for the movies, including tales of Islam, in his youth, living through an air raid in Egypt, a ship sinking in the Arabian Sea, and now, years later, this scuffle under the Pentagon rug over how to deal with the chief threat to America today -- Islamic extremism.

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