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Home > Financial Services > Annuities > Federated Fortis
Federated Fortis
The Fortis is an international financial services provider engaged in banking and insurance. They offer their private, business and institutional clients a comprehensive package of products and services through their own channels, in collaboration with intermediaries and through other distribution partners.
With a market capitalization of EUR 39 billion, Fortis ranks among the twenty largest financial institutions in Europe. Their sound solvency position, their presence in 50 countries and their dedicated, professional workforce of 57,000 enable them to combine global strength with local flexibility and provide their clients with optimum support.
Maurice Lippens is Chairman of the Board. He has been a Board Member since 1981.Jean-Paul Votron has been CEO of Fortis since 11 October 2004. Fortis occupies a leading position in banking and insurance in the Benelux countries. It offers internationally operating companies throughout Europe an integrated network and provides wealthy individuals and business people with advanced services based on a unique set of competences.
The Company expertise in niche markets such as shipping, commodities, export and project finance and fund administration has made it a regional or world leader in those areas. Fortis also provides retail banking services in France, Poland and Turkey. Lastly, Fortis successfully combines its banking and insurance expertise in growth markets in Europe and Asia and leads the banc assurance markets in Spain and Portugal.Balancing ‘entrepreneurship’ with risk and control management, that is what good corporate governance means for Fortis.
It means organizing their businesses and activities for growth and long term sustainable success, while effectively keeping sight of and managing the risks that come with that growth. In order to set out their position on corporate governance the Fortis Board has produced a Fortis Governance Statement. They believe that clarifying the governance framework within which they operate will help them to communicate more effectively with all their stakeholders.
Fortis aims to be a leading financial institution in Europe and is pursuing selective expansion in Asia and North America. They will therefore be pursuing three roads to profitable growth while continuing to strictly control costs and risks. These are sharpening their customer focus, expanding the non Benelux profit share and seizing non organic growth opportunities in order to accelerate their plans.
Fortis offers a wide range of opportunities for young professionals, specialists and managers. They provide an array of jobs for specialists and managers at home in their core business as well as attractive positions for professionals with other backgrounds, such as accountants, marketers, lawyers and IT specialists. Fortis is a company rich in diversity, where employees are encouraged to grow and to use their own initiative.
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