ABN AMRO proposes new Chairman of the Supervisory Board

Press release -

ABN AMRO Head Office

Hessel Lindenbergh, Chairman of the Supervisory Board, has decided not to be available for reappointment in April 2014 for a new term as Chairman of the Supervisory Board. Hessel Lindenbergh has held this position since December 2009. The Supervisory Board has decided to nominate Rik van Slingelandt as new Chairman of the Supervisory Board for a period of two years at the next General Meeting of Shareholders and to nominate him also for reappointment as Supervisory Board member for the same period. Rik van Slingelandt was appointed to the Supervisory Board in October 2010 and has held the position of Vice-Chairman since January 2011. With his extensive experience in the financial sector he is able to ensure the continuity the bank needs. All other members of the Supervisory Board whose term ends in April 2014 will also be proposed for reappointment.

Hessel Lindenbergh, Chairman of the Supervisory Board, said: ”Having successfully finalised the integration and created a solid and robust bank for its clients and other stakeholders, ABN AMRO is now pursuing new strategic priorities. Moreover, the Ministry of Finance has recently announced its intention to reduce its shareholding in the bank. While the bank is entering this new phase, I have decided that the time is right for me to retire from the Supervisory Board.”

Gerrit Zalm, Chairman of the Managing Board, said; “On behalf of my colleagues, I want to thank Hessel Lindenbergh for the important role he has played in shaping the new ABN AMRO over the last five years. During this period we merged two major Dutch banks and formulated its future strategy. During these formative years Hessel Lindenbergh has always taken into consideration the interest of all stakeholders and from that standpoint has both challenged and supported the Managing Board. I wish him all the best.”

Rik van Slingelandt, Vice-Chairman of the Supervisory Board, said; “We are grateful to Hessel Lindenbergh forĀ  his valuable contribution during the past five years, a turbulent period during which ABN AMRO has undergone major changes. He has always fulfilled his role as Chairman of the Supervisory Board with great dedication. I see it as a privilege to be able to succeed him.”

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