Peter Wakkie resigns from ABN AMRO’s Supervisory Board

Press release -

ABN AMRO Head Office

Mr Peter Wakkie has decided to resign from ABN AMRO’s Supervisory Board with immediate effect. Mr Wakkie was Vice-Chairman of the Supervisor Board and Chairman of the Remuneration, Selection and Nomination Committee. In his latter capacity, he considers himself particularly responsible for the decision regarding the now cancelled salary increase for six Managing Board members and the commotion that ensued over that decision.

Mr Rik van Slingelandt, Chairman of the Supervisory Board: “We are grateful to Peter Wakkie for his valuable contribution to the activities of the Supervisory Board over the past years. Since his initial appointment to the Board in December 2009, Peter always proved to have a wealth of expertise, dedication and commitment. Although I regret his stepping down, I fully understand that he made this decision.”

Mr Gerrit Zalm, Chairman of the Managing Board: “We wish to thank Peter Wakkie for his contribution to ABN AMRO in his capacity of Supervisory Board member. Peter Wakkie was a passionate and involved member of the Supervisory Board and I am most grateful to him for his commitment.”

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