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Francine Swiggers is a Belgian businesswoman, the Chairman of the Management Board of the ARCO Group since November 2007.

Biography

Francine Swiggers obtained a licence in Applied Economic Sciences and Master in Business Administration at the Katholieke Universiteit Leuven ( Leuven, Belgium).

Francine Swiggers started her career at the BACOB Bank of the Catholic workers organisation beweging.net [ nl] (formerly known as ACW). Since 1995, she was in charge of the strategic planning.

She is a member of the Management Board of ARCO Group since 1997. In 2010–11, the group was hit hard by the Dexia crisis. [1] In 2013, as ARCO was heading towards bankruptcy (96% of ARCO's assets had been invested in Dexia prior to its debacle), it appeared that Francine Swigglers still had sixteen remunerated mandates within the company. [2]

She is also Director of Dexia Crédit Local, VDK Spaarbank and the Belgian water treatment company Aquafin.

In 2019 she filed a lawsuit against Arco investors that started a lawsuit against her in light of the Arco legal issues. [3]

Sources

References

  1. ^ "Arco-topvrouw Francine Swiggers: dit raakt me enorm". De Standaard (in Flemish). 19 November 2011. Retrieved 10 September 2019.
  2. ^ "Recht van antwoord: 'Francine Swiggers (Arco) grossiert in betaalde mandaten'". Site-Trends-NL. 21 August 2013. Retrieved 10 September 2019.
  3. ^ "Arco-topvrouw eist schadevergoeding van procederende spaarders, Deminor reageert: "Dit is absurd"". Het Laatste Nieuws (in Dutch). 19 September 2019. Retrieved 19 November 2023.