Chairman of ABN AMRO's Supervisory Board announces not to opt for a second term
February 05 2018 - 12:02PM
Chairman of ABN AMRO's
Supervisory Board announces not to opt
for a second term
The Supervisory Board announces that Ms Olga
Zoutendijk has taken the decision not to run for a second term
effective 1 July 2018. As Chairman, she can look back on a
successful period in which the bank has moved in a clear direction
and is now well on track.
Together with the CEO, a new top management
structure has been designed and implemented. This has enabled the
upward mobility and inflow of top talent. Within a short time,
diversity in the top layers of the bank has been almost doubled,
and the client-centred culture has been further embedded in the
organisation.
The financial results published during this period
have been excellent. These have also contributed to the further
reduction of government ownership and increased confidence of new
shareholders. With a focus on the interests of clients, many
innovations have been developed in the field of digitalisation,
fintechs, sustainable real estate and social impact banking. During
this period, an excellent relationship has been built up with
internal stakeholders such as the Employee Council.
In light of these achievements, Zoutendijk has
taken the decision to make room for a new Chairman of the
Supervisory Board who will be able to take over with full
commitment. In order to facilitate the search process for a new
Chairman, Zoutendijk has indicated that in the coming months she
will switch her role as Chairman for that of member of the
Supervisory Board. The current Vice-Chairman will temporarily
assume the duties of Chairman.
Zoutendijk: "It is with great satisfaction that I
look back on what has been achieved over the past four years and I
would like to thank everybody who contributed to this result. I
would like to thank our clients, employees, senior executives,
shareholders and regulators for the trust I have received in giving
shape to a future-proof ABN AMRO."
The Supervisory Board respects the considerations
that Olga Zoutendijk has provided and wishes to express its sincere
gratitude for her constructive role in repositioning the bank.
ABN AMRO Press
Relations
ABN AMRO Investor Relations
Jeroen van Maarschalkerweerd, senior press officer
Dies Donker, head of
Investor Relations
pressrelations@nl.abnamro.com
investorrelations@nl.abnamro.com
+31 20 6288900
+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)
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
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