Managing Board

Raad van Bestuur ABN AMRO

The Managing Board is charged with managing the company, which means, inter alia, that it is responsible for determining the company’s mission, vision, strategy, policy and objectives and for achieving those objectives. The Managing Board is guided in the performance of its duties by the interests and continuity of the company and the undertakings connected with it and makes a balanced assessment of the interests of all relevant stakeholders, including the customers, savers and deposit holders, shareholders, holders of depositary receipts, employees and the society at large. The composition of the Managing Boards of ABN AMRO Group N.V. and ABN AMRO Bank N.V. is identical.

The members of the Managing Board

The members of the Managing Board are appointed by the Supervisory Board. The Supervisory Board notifies the General Meeting of a proposed appointment of a member of the Managing Board.

ABN AMRO and NLFI have agreed in the Relationship Agreement​ (PDF 5 MB) that, as long as NLFI directly or indirectly holds 10% or more of ABN AMRO Group’s issued share capital, it shall be given the opportunity to advise on the decision of the Supervisory Board to (re)appoint any member of the Managing Board and/or on the appointment of the chairman of the Managing Board.

The Managing Board members are:

Gerrit Zalm

Gerrit Zalm

Gerrit Zalm was appointed as Chairman of the Managing Board of ABN AMRO Bank N.V. on 9 April 2009. He has been Chairman of the Managing Boards of ABN AMRO Group N.V. and Fortis Bank (Nederland) N.V. (as of 1 July 2010 merged with ABN AMRO Bank N.V.) since 1 April 2010.

Read the resume of Gerrit Zalm​ (PDF 15 KB)

Johan van Hall

Johan van Hall

Johan van Hall was appointed to the Managing Board of ABN AMRO Bank N.V. on 9 April 2009, to the Managing Board of ABN AMRO Group N.V. on 18 December 2009 and to the Managing Board of Fortis Bank (Nederland) N.V. (as of 1 July 2010 merged with ABN AMRO Bank N.V.) on 1 April 2010. Johan van Hall is the Chief Operating Officer responsible for Technology, Operations, and Property Services (TOPS). As of 1 June 2013, he is the Vice-Chairman of the Managing Board.

Read the resume of Johan van Hall​ (PDF 17 KB)

Kees van Dijkhuizen

Kees van Dijkhuizen

Kees van Dijkhuizen was appointed to the Managing Board of ABN AMRO Group N.V. and ABN AMRO Bank N.V. on 1 May 2013. Kees van Dijkhuizen is Chief Financial Officer since 1 June 2013.

Read the resume of Kees van Dijkhuizen​ (PDF 15 KB)

Caroline Princen

Caroline Princen

Caroline Princen was appointed to the Managing Boards of ABN AMRO Group N.V., ABN AMRO Bank N.V. and Fortis Bank (Nederland) N.V. (as of 1 July 2010 merged with ABN AMRO Bank N.V.) on 1 April 2010. She is responsible for PR&I (People Regulations & Identity).

Read the resume of Caroline Princen​ (PDF 84 KB)

Wietze Reehoorn

Wietze Reehoorn

Wietze Reehoorn was appointed to the Managing Boards of ABN AMRO Group N.V., ABN AMRO Bank N.V. and Fortis Bank Nederland N.V. (as of 1 July 2010, merged with ABN AMRO Bank N.V.) on 1 April 2010. He is as Chief Risk Officer responsible for Risk Management & Strategy.

Read the resume of Wietze Reehoorn​ (PDF 17 KB)

Chris Vogelzang

Chris Vogelzang

Chris Vogelzang was appointed to the Managing Board of ABN AMRO Bank N.V. on 9 April 2009. He was appointed to the Managing Boards of ABN AMRO Group N.V. and Fortis Bank (Nederland) N.V. (as of 1 July 2010, merged with ABN AMRO Bank N.V.) on 1 April 2010. Chris Vogelzang is responsible for Retail & Private Banking.

Read te resume of Chris Vogelzang​ (PDF 18 KB)

Joop Wijn

Joop Wijn

Joop Wijn was appointed to the Managing Boards of ABN AMRO Group N.V., ABN AMRO Bank N.V. and Fortis Bank (Nederland) N.V. (as of 1 July 2010, merged with ABN AMRO Bank N.V.) on 1 April 2010 and is responsible for Corporate Banking.

Read the resume of Joop Wijn​ (PDF 15 KB)

Governance of Managing Board

The Rules of Procedure of the Managing Board​ (PDF 398 KB) (unofficial translation) have been adopted by the Managing Board (with the approval of the Supervisory Board) and include, amongst other things, rules on the Managing Board’s functioning and internal organisation and the rules governing the committees of the Managing Board.

Committees

The Managing Board has installed six committees:

Group Risk Committee
The Group Risk Committee is mandated to review and steer ABN AMRO’s risk profile within the scope of the risk appetite of the bank (as determined by the Managing Board and specified in the risk governance charter) and responsible for, amongst other things, (i) making a proposal annually to determine the risk appetite of the group, (ii) evaluating the actual risk profile of the group and assessing its compatibility with the bank’s risk appetite and (iii) approving new activities and products and risk and capital models

Group Asset and Liability Committee
Group Asset and Liability Committee is mandated to take decisions on the interest rate and liquidity risk profile as well as the solvency of the group within the parameters set by the Managing Board and responsible for, amongst other things, (i) the methodology and policy for measuring liquidity, currency and interest rate risk, as well as for controlling these risks and for the capital management of the group and (ii) managing the actual interest rate, liquidity risk profile and solvency of the group.

Group Transition Management Committee
The Group Transition Management Committee is responsible for, amongst other things, the tactical management of the group-wide transition programmes.

Group Disclosure Committee
The Group Disclosure Committee is responsible for, amongst other things, the advising and supporting of the Managing Board in relation to (i) the supervision on the accuracy and timeliness of public disclosures by the group and (ii) the integrity with regard to the financial statements and other public disclosure.

Group Central Credit Committee
The Group Central Credit Committee is mandated to take decisions on the acceptance of counterparty risk relating to credit proposals falling within the scope of the risk appetite determined by the Managing Board and responsible for, amongst other things, providing advice to the Managing Board on credit proposals requiring the Managing Board’s approval.

Regulatory Committee
The Regulatory Committee is responsible for, amongst other things, (i) ensuring a good understanding and an adequate overview of, (ii) regularly informing and consulting the Managing Board about and (iii) making strategic choices and taking decisions on, matters relating to changing (inter)national laws and regulations affecting the group.