NN Group EGM appoints new Supervisory Board members
(Thomson Reuters ONE) -
Today, the Extraordinary General Meeting of NN Group N.V. has appointed Hélène
Vletter-van Dort, Dick Harryvan and Robert Jenkins as new members of NN Group's
Supervisory Board.
The appointment of Hélène Vletter-van Dort to NN Group's Supervisory Board is
effective as of today as ING Group's shareholding in NN Group has dropped below
35% following ING's recent sell-down, which was settled on 5 October 2015. As a
consequence, ING nominee Ralph Hamers steps down from the Supervisory Board of
NN Group, effective today.
Jan Holsboer, Chairman of the Supervisory Board of NN Group: "I would like to
thank Ralph Hamers for his valuable contribution as a member of the Supervisory
Board during the transition phase of NN Group becoming a stand-alone company".
The appointments of Dick Harryvan and Robert Jenkins have been made in
anticipation of a further reduction of ING Group's shareholding in NN Group.
These two appointments will become effective when ING Group's shareholding in NN
Group drops below 15%.
ING has previously announced that it intends to divest its remaining
shareholding in NN Group over time in line with its strategy to divest all of
its insurance and investment management businesses as part of the restructuring
agreement with the European Commission, ultimately by the end of 2016. ING
Group's current stake in NN Group is 25.8% of outstanding shares (net of
treasury shares).
The appointments of Hélène Vletter-van Dort, Dick Harryvan and Robert Jenkins as
members of NN Group's Supervisory Board have been approved by the Dutch Central
Bank (DNB). The appointment of Hélène Vletter-van Dort has been recommended by
the works council of NN Group.
Hélène Vletter-van Dort will be a member of the Audit Committee and Nomination
and Corporate Governance Committee of the Supervisory Board.
Hélène Vletter-van Dort
Hélène Vletter-van Dort (50, Dutch) is a professor of financial law, governance
and securities law, as well as an advisor to the boards of various companies,
including companies in the financial sector. She currently holds several
teaching and research positions, including as a professor at the Erasmus School
of Law, the New York University and the University of Groningen. She is also a
member of the Dutch Corporate Governance Code Monitoring Committee and
chairperson of the board of Intertrust Investmentco B.V. Former positions
include member of the supervisory board of the Dutch Central Bank, member of the
board of the Netherlands Association of Securities Holders (VEB) and judge at
the Enterprise Chamber of the Amsterdam Court of Appeal.
Dick Harryvan
Dick Harryvan (62, Dutch) currently holds several non-executive positions,
including member of the advisory board of Gulf Bank and of OMFIF (an independent
research group), member of the supervisory board of ANWB B.V. and of ING DiBa,
and partner at FinTech fund Orange Growth Capital. Dick Harryvan is a former
member of the executive board of ING Group and former chief executive officer of
ING Direct. Other former positions include co-chairman of the International
Academy of Retail Banking and non-executive director of Voya Financial Inc. Dick
Harryvan has an extensive background in the international insurance sector with
several functions held at Nationale-Nederlanden, The Halifax Insurance Companies
and Peerless Insurance Co.
Robert Jenkins
Robert Jenkins (64, US citizen) has an extensive background in asset management.
He started his career in the Citigroup trading and sales organisation, where he
held several positions in various countries. After Citigroup, he joined Credit
Suisse and then F&C Asset Management. He also held the position of CEO F&C
Group. Most recently, he was an external member of the interim Financial Policy
Committee (FPC) at the Bank of England. Robert Jenkins is currently adjunct
professor of Finance and chairman of the AQR Asset Management Institute at
London Business School and he regularly contributes to the Financial Times.
Press enquiries Investor enquiries
Manel Vrijenhoek Investor Relations
+31 (0)6 5787 5065 +31 (0)88 663 5464
manel.vrijenhoek(at)nn-group.com investor.relations(at)nn-group.com
NN Group profile
NN Group is an international insurance and investment management company, active
in more than 18 countries, with a strong presence in a number of European
countries and Japan. With around 12,000 employees the group offers retirement
services, insurance, investments and banking to more than 15 million customers.
NN Group includes Nationale-Nederlanden, NN (formerly known as ING Insurance)
and NN Investment Partners (formerly known as ING Investment Management). NN
Group is listed on Euronext Amsterdam (NN).
Important legal information
Certain of the statements contained herein are not historical facts, including,
without limitation, certain statements made of future expectations and other
forward-looking statements that are based on management's current views and
assumptions and involve known and unknown risks and uncertainties that could
cause actual results, performance or events to differ materially from those
expressed or implied in such statements. Actual results, performance or events
may differ materially from those in such statements due to, without limitation:
(1) changes in general economic conditions, in particular economic conditions in
NN Group's core markets,
(2) changes in performance of financial markets, including developing markets,
(3) consequences of a potential (partial) break-up of the euro, (4) the
implementation of the EC Restructuring Plan, (5) changes in the availability of,
and costs associated with, sources of liquidity as well as conditions in the
credit markets generally, (6) the frequency and severity of insured loss events,
(7) changes affecting mortality and morbidity levels and trends, (8) changes
affecting persistency levels, (9) changes affecting interest rate levels, (10)
changes affecting currency exchange rates, (11) changes in investor, customer
and policyholder behaviour, (12) changes in general competitive factors, (13)
changes in laws and regulations, (14) changes in the policies of governments
and/or regulatory authorities, (15) conclusions with regard to accounting
assumptions and methodologies, (16) changes in ownership that could affect the
future availability to us of net operating loss, net capital and built-in loss
carry forwards, (17) changes in credit and financial strength ratings, (18) NN
Group's ability to achieve projected operational synergies and (19) the other
risks and uncertainties contained in recent public disclosures made by NN Group
and/or related to NN Group.
Any forward-looking statements made by or on behalf of NN Group speak only as of
the date they are made, and, NN Group assumes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new information
or for any other reason. This document does not constitute an offer to sell, or
a solicitation of an offer to purchase, any securities in the United States or
any other jurisdiction. The securities of NN Group have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and may not be offered or sold within the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act.
NN Group EGM appoints new Supervisory Board members:
http://hugin.info/160538/R/1957066/712952.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: NN Group NV via GlobeNewswire
[HUG#1957066]
Unternehmensinformation / Kurzprofil:
Datum: 06.10.2015 - 17:33 Uhr
Sprache: Deutsch
News-ID 425152
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Kategorie:
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