NN Group appoints Jan-Hendrik Erasmus Chief Risk Officer
(Thomson Reuters ONE) -
NN Group announces today that Jan-Hendrik Erasmus will be appointed Chief Risk
Officer (CRO). He joins NN Group as Member of the Management Board as of 1
September 2016. Jan-Hendrik will succeed Doug Caldwell, who will leave NN Group
later this year to pursue his career outside of the company.
Jan-Hendrik Erasmus (1980, South African and British nationality) is Partner at
Oliver Wyman's Financial Services business, Head of the UK Insurance Practice
and a member of the European Leadership Team. Jan-Hendrik joined Oliver Wyman in
2009. His consulting work has predominantly focused on risk, capital and asset-
liability management for UK and European insurers. He has more than 13 years
financial services experience across insurance, risk and investment management
in the UK and internationally.
Jan-Hendrik Erasmus will be responsible for NN Group's overall risk framework
and will directly steer the risk management departments as of 1 October 2016. In
this role he will report to Lard Friese, CEO of NN Group.
Lard Friese said: 'I am very pleased that we have found a strong successor for
Doug Caldwell. Jan-Hendrik joins NN Group with extensive international risk and
capital management experience. For more than 17 years, Doug has shown strong
dedication to ING and NN, its customers, employees and other stakeholders.
During these years, he contributed to the success of our company in different
management roles within the risk function. Especially in recent years, when NN
Group developed into an established stand-alone company, and the EU insurance
regulatory regime Solvency II was implemented, Doug's skills and expertise have
been of great value. He is leaving the risk function and the company in solid
shape. I am thankful for his work, and wish Doug all the best in his future
endeavours.'
Jan-Hendrik Erasmus said: 'I am looking forward to my new role at NN Group. The
company is well-positioned as the European insurance sector enters the important
post-Solvency II era.'
Doug Caldwell, Chief Risk Officer of NN Group, said: 'After many years with ING
and NN, during some of the most challenging periods for our sector, I feel the
time has come for me to make this change. I much enjoyed being part of NN
Group's journey, and want to thank my many colleagues, both in the Management
Board and throughout our organisation, for the pleasant cooperation over the
years.'
Information for editors
High resolution pictures of Jan-Hendrik Erasmus and Doug Caldwell are available
for download at www.flickr.com/photos/nn-group/. For further information on NN
Group, please visit
www.nn-group.com.
Press enquiries NN Group Investor enquiries NN Group
Leon Willems Investor Relations
+31 (0) 6 2732 9839 +31 88 663 5464
Leon.Willems(at)nn-group.com investor.relations(at)nn-group.com
NN Group profile
NN Group is an international insurance and asset management company, active in
more than 18 countries, with a strong presence in a number of European countries
and Japan. With around 11,500 employees the group offers retirement services,
insurance, investments and banking to more than 15 million customers. NN Group
includes Nationale-Nederlanden, NN and NN Investment Partners. 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) changes in the availability of, and costs associated with,
sources of liquidity as well as conditions in the credit markets generally, (5)
the frequency and severity of insured loss events, (6) changes affecting
mortality and morbidity levels and trends, (7) changes affecting persistency
levels, (8) changes affecting interest rate levels, (9) changes affecting
currency exchange rates, (10) changes in investor, customer and policyholder
behaviour, (11) changes in general competitive factors, (12) changes in laws and
regulations, (13) changes in the policies of governments and/or regulatory
authorities, (14) conclusions with regard to accounting assumptions and
methodologies, (15) changes in ownership that could affect the future
availability to us of net operating loss, net capital and built-in loss carry
forwards, (16) changes in credit and financial strength ratings, (17) NN Group's
ability to achieve projected operational synergies and (18) the other risks and
uncertainties contained in recent public disclosures made by 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 buy any securities.
NN Group appoints Chief Risk Officer:
http://hugin.info/160538/R/2020383/750391.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: NN Group NV via GlobeNewswire
[HUG#2020383]
Unternehmensinformation / Kurzprofil:
Datum: 14.06.2016 - 07:00 Uhr
Sprache: Deutsch
News-ID 477412
Anzahl Zeichen: 6821
contact information:
Town:
Amsterdam
Kategorie:
Business News
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