ABN AMRO Press Release: Caroline Princen steps down from ABN AMRO's Managing Board

ABN AMRO Press Release: Caroline Princen steps down from ABN AMRO's Managing Board

ID: 499674

(Thomson Reuters ONE) -


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(at)nl.abnamro.com
+31 20 6288900

ABN AMRO Investor Relations
Dies Donker, head of Investor Relations
investorrelations(at)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:
http://hugin.info/172722/R/2048228/765773.pdf



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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Bereitgestellt von Benutzer: hugin
Datum: 11.10.2016 - 11:43 Uhr
Sprache: Deutsch
News-ID 499674
Anzahl Zeichen: 2827

contact information:
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Amsterdam



Kategorie:

Business News



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