Change of Chairman of the Board and Chairman of the Supervisory Board of SNS Bank N.V.
Dick Okhuijsen is stepping down as Chairman of the Board of SNS Bank NV on 17 August 2015. He will be succeeded by Maurice Oostendorp effective the same date. Jan van Rutte will be Chairman of the Supervisory Board of SNS Bank NV, of which he is currently acting Chairman. The appointments of Maurice Oostendorp and Jan van Rutte are subject to the European Central Bank’s approval.
These changes to the Board and the Supervisory Board of SNS Bank NV precede the transfer of the shares in SNS Bank NV to the Dutch State by SNS REAAL. Once we have more information about this, we can make a statement. Until the transfer, the Executive Board of SNS REAAL will be composed of Maurice Oostendorp (acting Chairman) and Dick Okhuijsen. The latter will remain a board member until the General Meeting of Shareholders in the spring of 2016. During this period, he will share the responsibility for the winding down of the holding. Jan van Rutte will remain acting Chairman of the Supervisory Board of SNS REAAL until the shares in SNS Bank have been transferred to the Dutch State. The definitive composition of the Executive Board and Supervisory Board of SNS REAAL will be announced at the time of the transfer of SNS Bank NV.
In the past months, SNS REAAL was split up and VIVAT Verzekeringen was sold. This marks a new phase for SNS Bank NV. In addition to continued commercial growth, the focus will be on working towards a stand-alone position and stakeholder management.
Okhuijsen joined SNS REAAL at the end of 2009 as a member of the Executive Board. In 2010 he also held the position of Chairman of the Board of pension insurer Zwitserleven. From autumn 2011 up to the summer of 2013, he fulfilled that function at Reaal. In August 2013, Okhuijsen was appointed Chairman of the Board of SNS Bank NV.
Maurice Oostendorp is a member of the Executive Board of SNS REAAL since the nationalisation (1 February 2013). Jan van Rutte: “Together with Gerard van Olphen, Maurice Oostendorp has steered the company into calmer waters. We are very grateful for what he has done. As CFRO he was involved in the spin-off of Propertize, the disentanglement of SNS REAAL and the sale of VIVAT Verzekeringen. The Supervisory Board wishes Maurice Oostendorp every success in his new role at SNS Bank NV.”
