ABN AMRO's management structure to be evaluated

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ABN AMRO's Supervisory Board and Executive Board have commissioned an evaluation of the bank's new management structure, which was introduced a year ago. The evaluation was decided at the time of the introduction of the new management structure in early 2017.

By performing the evaluation, the bank will assess whether the management structure still meets the principles underlying its introduction and the expectations at the time. One of the aims of the new management structure was to strengthen client focus and attention to the bank's business activities. The bank decided at the time of the change to evaluate the situation after a year to see whether the new management structure had produced the desired result or whether changes would be needed. The scope of the evaluation will focus on the role of the Executive Board, the role of the Executive Committee and the role of the Supervisory Board. The evaluation will be headed up by two independent, external experts, Paul Nobelen and Jaap Winter. The evaluation is due to start next week, and the results are expected to be known in April.

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