Olga Zoutendijk joins the Supervisory Board of ABN AMRO

Press release -

ABN AMRO Head Office

ABN AMRO today announced that Olga Zoutendijk has been appointed to the Supervisory Board of ABN AMRO Group N.V. and ABN AMRO Bank N.V. with effect from 1 July, 2014, for a period of four years.

Ms Zoutendijk brings to the Board over 25 years of international banking experience, most recently with Standard Chartered Bank, where she was Group Head of Wholesale Banking, Asia and a member of the Global Executive Committee of the Wholesale Bank.

Prior to Standard Chartered Bank, Ms Zoutendijk was with Westpac Banking Corporation and ABN AMRO Bank N.V. Her career has included senior executive roles in corporate and investment banking as well as in retail banking in Asia, Australia, Europe and the United States.

"We are delighted to welcome Ms Zoutendijk to the Supervisory Board," said Rik van Slingelandt, Chairman of the Supervisory Board. “The competitive landscape for banking is very fluid and dynamic, with increasing regulatory requirements and legislation, changing client needs and an intense focus on effective governance. Ms Zoutendijk's high calibre and extensive global experience mean she is ideally placed to make a valuable contribution to ABN AMRO achieving its strategy."

"I am very pleased to be joining ABN AMRO at this important time" said Ms Zoutendijk. "Given the Ministry of Finance has announced its intention to reduce its shareholding in ABN AMRO, the bank is entering a new and exciting phase. I consider it a privilege to be able to make a contribution to the bank's strategic goals and successful ongoing transformation."

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