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After a change of CEO, the ILA has chosen Virginie Lagrange as the new chair of its board of directors. This comes at a time when the status of directors in Luxembourg is changing.
Following its annual general meeting, the Luxembourg Directors’ Association (ILA) on 22 June announced that Virginie Lagrange has been appointed its new chair, and will take over from Carine Feipel.
In its latest issue--with a whole new format--Delano explores how private equity, private debt, infrastructure and real estate funds are changing the grand duchy’s financial sector.
The European Council on 28 November is expected to adopt the Corporate Sustainability Reporting Directive (CSRD). Though the initial impact won’t affect Luxembourg, SMEs have everything to gain from being early adopters, says the Luxembourg Institute of Directors ILA. Company boards are crucial to the transition.
The Luxembourg Institute of Directors believes that increasing the proportion of women on the boards of large listed companies to 40% by 2026 is realistic. This is the objective that the European Union wants to impose on its member countries.