Dalenys (Brussels:NYS) (Paris:NYS) (ISIN BE0946620946 -- Mnemo NYS) is reorganising the company’s corporate governance with a split in the functions of Chairman and Chief Executive Officer, and reinforcing its Executive Committee.

In this context, operational management is entrusted to Thibaut Faurès Fustel de Coulanges, who is promoted to Chief Executive Officer of Dalenys. He is also appointed President of the company’s Executive Committee by decision of the Board of Directors, as of 16thMarch 2016.

Jean-Baptiste Descroix-Vernier, who was until present Chief Executive Officer and Chairman of Dalenys, shall remain Chairmanof the Board of Directors, and remains in charge of Strategy.

This long anticipated reorganisation of governance responds to a need to support Dalenys’ transition to a new stage of growth. For me, it also corresponds to my decision to exclusively focus on the company's strategy and to work for more personal projects. The management team that I have set up is strong, competent, and cohesive. Thibaut Faurès Fustel de Coulanges has worked with me for nearly 10 years and his banking expertise far exceeds my own. He has perfect knowledge of the company and its operations and will be the ideal leader. As the leading Dalenys shareholder, which I intend to remain, I wish to express my total trust in him, as did the Board of Directors unanimously” says Jean-Baptiste Descroix-Vernier, founder and Chairman of Dalenys.

It is an honour for me to be called upon to lead Dalenys in this phase of development. We are on the way to becoming a major player in an evolving payment industry. We hold fully mastered technological assets and have the confidence of the largest French merchants. Our goals are ambitious and we have the means to achieve them” says Thibaut Faurès Fustel de Coulanges, CEO of Dalenys.

Thibaut Faurès Fustel de Coulanges, born 30thMarch 1974, graduated from the École Supérieure des Sciences Commerciales in Angers and the Paris Institute of Political Studies. He started his career at the Paribas Group in China. He then joined Euro RSCG C&O in charge of managing, amongst others, the Iliad group’s corporate and financial communications during its IPO. He joined Rentabiliweb in 2008 as Vice President and Executive Director. In 2012, he launched Be2bill, the card payment solution by Dalenys, after receiving the agreement of the Banque de France and a place at GIE Cartes Bancaires. In 2015, Be2bill had 2500 customers including some of the biggest French merchants, and a Run Rate of €1.6 billion as at the end of January 2016. In March 2016, Thibaut Faurès Fustel de Coulanges becomes CEO of Dalenys and President of the Executive Committee of the company.