ABN AMRO Press Release: Caroline Princen steps down from ABN AMRO's Managing Board
October 11 2016 - 5:43AM
Caroline Princen steps down from
ABN AMRO's Managing Board
After due consultation, the Supervisory Board of
ABN AMRO has agreed with Managing Board member Caroline Princen
that she will resign from the Board on 1 January 2017 and will
leave the bank on 1 July 2017, in accordance with the terms of
notice. As she will not be succeeded, the Managing Board will be
downsized from seven to six members.
Caroline Princen is responsible for many of ABN
AMRO's support activities. As reported on 17 August 2016, these
activities will be reviewed as part of an efficiency operation at
ABN AMRO. As a result, the bank's senior management will also be
reorganised and Caroline Princen's position in the Managing Board
will cease to exist. The responsibilities in her portfolio will be
reallocated among the incumbent members of the Board.
Olga Zoutendijk, Chairman of the Supervisory
Board: 'We would like to thank Caroline Princen for all she has
done for the bank. She played a very important part in the
integration of ABN AMRO and Fortis Bank Nederland.'
Gerrit Zalm, Chairman of the Managing Board: 'As a
member of the transition team and later as a member of the Managing
Board, Caroline Princen made a valuable contribution to creating
the bank we are today, and I am very grateful to her for that.'
Caroline Princen, outgoing member of the Managing
Board: 'My mandate at ABN AMRO has come to an end. I will hand over
my portfolio to my colleagues in full confidence. I'm proud of how
ABN AMRO has developed over the past years, and particularly of all
my colleagues at the bank who contributed to this.'
ABN AMRO Press
Office
Hans van Zon, head of Press & PR
pressrelations@nl.abnamro.com
+31 20
6288900
ABN AMRO Investor
Relations
Dies Donker, head of Investor
Relations
investorrelations@nl.abnamro.com
+31 20 6282282
This press release is published
by ABN AMRO Group N.V. and contains inside information within the
meaning of article 7 (1) to (4) of Regulation (EU) No 596/2014
(Market Abuse Regulation)
Caroline Princen steps down from
ABN AMRO's Managing Board
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ABN AMRO via Globenewswire
Abn Amro (NYSE:ABN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Abn Amro (NYSE:ABN)
Historical Stock Chart
From Apr 2023 to Apr 2024