Corporate Governance

The Board of Directors is supported by these committees:

  • Although Home Invest Belgium complies with two of the three exclusion criteria reproduced in article 526 bis §3 of the Company Law and is therefore not required to set up such a committee, the RREC’s Board of Directors decided to set up an audit committee, chaired by Eric Spiessens.

    It meets at least four times a year and whenever it deems this necessary in order to perform its duties.
    It is authorized to decide on the following matters:

    • financial reporting: follow-up of the integrity and accuracy of the figures and the relevancy of the accounting standards applied;
    • internal control and risk management: assessment of the internal control systems and risk management;
    • internal audit process: assessment of the benefit of creating an internal audit function;
    • external audit process: recommendations with regard to the appointment or renewal of the mandate of the Auditor and his remuneration.
    Members

    Eric Spiessens

    President of the Audit Committee, independent director

    Wim Aurousseau

    Independent director

    Christel Gijsbrechts

    Independent director

  • Home Invest Belgium combines the remuneration and appointment functions in a single committee, in accordance with the rules of conduct mentioned in the Belgian Corporate Governance Code.

    Members

    Liévin Van Overstraeten

    President of the Appointment and Remuneration Committee, director (representative of the Van Overstraeten group)

    Eric Spiessens

    Independent director

    Suzy Denys

    Independent director

  • The Investment Committee selects, analyses and prepares investment files, although the final approval of these files is entrusted to the Board of Birectors.

    Members

    Johan Van Overstraeten

    President of the Investment Committee, director (representative of the Van Overstraeten group)

    Sven Janssens

    Managing Director, effective leader

    Hélène Bostoen

    Independent director

    Suzy Denys

    Independent director

  • On the 28th of June 2017, Home Invest Belgium absorbed its subsidiary Home Invest Development whose teams were more specifically tasked with monitoring the portfolio development and renovation projects. In order to ensure the monitoring of the specific risks linked to such projects, the Board of Directors set up a Project Committee.

    Members

    Johan Van Overstraeten

    President of the Project Committee, director (representative of the Van Overstraeten group)

    Sven Janssens

    Managing Director, effective leader

    Hélène Bostoen

    Independent director