Axel Miller
Axel Miller (born 20 February 1965, Uccle, Belgium) is a Belgian businessman. From January 2006 to September 2008, he was chief executive officer and chairman of the Management Board of Dexia S.A. Since 2009, he is partner of Petercam, a Belgian financial group, active in private banking, institutional asset management and corporate finance.
Education
In 1987, Axel Miller obtained a master's degree in Law from the Université Libre de Bruxelles (ULB), Brussels, Belgium.
Career
Axel Miller started his career in 1987 as a lawyer working for the legal firm Simont & Simont. In September 1990, he joined Davis Polk & Wardwell, first in New York (United States) then in Paris (France). He went to work as a lawyer at the bar in Brussels in January 1991. In December 1991, he started working for Stibbe Simont Monahan Duhot in Brussels, where he became a partner in 1996, a member of the recruitment committee and then member of the Management Board. In May 1999, he joined Clifford Chance in Brussels as a partner.
He joined the Dexia Group in 2001 as General Counsel. In January 2002, he became a member of the Management Board of Dexia Bank, and in January 2003 he became Chairman of the Management Board of Dexia Bank and Head of Personal Financial Services at Group level. Axel Miller is Vice-President of the Belgian Banking Association and a member of the Board of Directors of Febelfin. He is also a Director of several Dexia Group companies, of Ethias, of Crédit du Nord and of Carmeuse Holding.
Bailout
On 30 September 2008 the Belgian, French and Luxembourg governments said they would put in 6.4bn euros ($9bn; £5bn) into keep Dexia afloat.[1] On the same day at 10:02am the BBC News Channel broke news which had come from the news provider AFP "Dexia Chairman and the Chief Executive resign after bailout". This was later confirmed live on the BBC News Channel from Brussels at 10:24am. Axel Miller and Pierre Richard were Chairman and Chief Executive respectively.
--Failed as CEO of DEXIA—A Belgian parlemential commission concluded after a deep investigation that the former CEO of Dexia failed to do his job and was responsible for the bailout of Dexia: Quote: De tekortkomingen van het vorige management gaan het strikte kader te buiten van de beheersfouten die men redelijkerwijs kan dulden.
References
- ↑ "Business | Second Belgian bank gets bail-out". BBC News. 2008-09-30. Retrieved 2013-08-16.