The newly elected Board of Directors at the ILA Annual General Meeting of 21 June has appointed Virginie Lagrange Chair of the Luxembourg Directors’ Association. Virginie is the third woman to be elected chair of the 3000-member organisation. Her election comes at a key moment given the rising importance of ensuring effective oversight of business activity.
Virginie has been a member of the ILA Board of Directors and ILA Vice-Chair since 2021. She is an ILA Certified Director and has over the years participated in several ILA Working Committees. As ILA representative she was a member of the Board of Directors of the European Confederation of Directors Associations (ecoDa) for two years. Today, she takes over from Carine Feipel, who has just completed her second two-year term as chair, the maximum permitted under ILA rules.
Virginie has three decades of experience in Luxembourg’s financial sector; first as an auditor with EY, then as Chief Risk Officer with UBS, CFO with Credit Suisse and Chief Administrative Officer with Nomura Bank. She is a full-time non-executive director since 2018, and is board member of several banks, insurance and management companies.
Commenting on her election, Virginie said: “It's an honour to succeed Carine who has positioned ILA as a central player for governance in Luxembourg. Working together with the ILA Board and Executive Committee, my priority is to ensure that ILA remains the reference association for all governance matters in Luxembourg and beyond, as well as providing quality services and training to our members.”
Carine Feipel, outgoing ILA Chair added: “Over the past four years we have grown our association and fulfilled our role as being the voice of corporate governance in Luxembourg. Membership is up significantly, attracted by the new services and training options we have added. We also adapted our internal organisation and governance to help us better manage this growth. I would like to warmly thank the ILA Team and Board for their support over the past four years.”
ILA CEO Philipp von Restorff said. “I would like to thank Carine Feipel for her continuous support and for the fact that she and the ILA Board of Directors have successfully set the course for a sustainable future. I am very much looking forward to building on this foundation together with Virginie Lagrange and the new Board of Directors she chairs” declared ILA’s after the board meeting.
ILA elects a new board of directors with 40% women representation
ILA is pleased to announce the election of Raphaël Docquier, Emmanuelle Mousel, François Mousel and Garry Pieters and on its Board of Directors.
Vincent Decalf, Marjolijne Droogleever Fortuyn, Anne Kayser, Joachim Kuske, Pierre Margue, Frédéric Mouchel, have been re-elected to the Board.
Monique Bachner and Michèle Eisenhuth, members of the ILA Board of Directors for the last twelve years, ended their maximal number of mandates and therefore exited the ILA Board of Directors. John Parkhouse decided not to stand for re-election.
Carine Feipel, exiting Chair decided to step down from the Board of Directors.