News Release – 30 January2025 – Marcel Zuidam, Chief Executive Officer (CEO) at Nationale-Nederlanden Bank (NN Bank) will step down as of 1 April 2025 to join Triodos Bank. Pieter Emmen, Chief Risk Officer of NN Bank, has been appointed acting CEO, subject to approval by the Dutch Central Bank. This is a temporary position until a permanent successor is appointed. Further announcements on the succession will be made in due course.
Marcel joined NN Group from Delta Lloyd in 2017 as Chief Transition Officer and member of NN Bank’s Management Board. In this role, he led the integration of NN Bank and Delta Lloyd Bank. In 2019, he was appointed CEO of NN Bank. In this role, he contributed to the further growth of NN Bank as a digital retail bank. Prior to joining NN, Marcel was CEO of Delta Lloyd Bank and CEO of Quion Group.
Tjeerd Bosklopper, CEO Netherlands Non-life, Banking & Technology: ‘Over the past years, Marcel has made a significant contribution to the development of NN Bank, accelerating the bank’s digital transformation resulting in considerable growth and improved customer engagement. On behalf of the Management Board, I would like to thank Marcel for his dedication to NN. We wish him all the best in his new role.’
About Nationale-Nederlanden Bank
Nationale-Nederlanden Bank N.V. (NN Bank) offers retail banking services – savings, bank annuities, retail investments, mortgages and bancassurance products – to approximately 1.25 million retail customers, primarily in the Netherlands. NN Bank is a subsidiary of NN Group N.V., an international financial services company, active in 10 countries, with a strong presence in a number of European countries and Japan. NN Group N.V. is listed on Euronext Amsterdam (NN).
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Important legal information
Elements of this press release contain or may contain information about Nationale-Nederlanden Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/ 2014 (Market Abuse Regulation).
Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation: (1) changes in general economic conditions, in particular economic conditions in NN Group’s core markets, (2) changes in performance of financial markets, including developing markets, (3) consequences of a potential (partial) break-up of the euro or European Union countries leaving the European Union, (4) changes in the availability of, and costs associated with, sources of liquidity as well as conditions in the credit markets generally, (5) the frequency and severity of insured loss events, (6) changes affecting mortality and morbidity levels and trends, (7) changes affecting persistency levels, (8) changes affecting interest rate levels, (9) changes affecting currency exchange rates, (10) changes in investor, customer and policyholder behaviour, (11) changes in general competitive factors, (12) changes in laws and regulations and the interpretation and application thereof, (13) changes in the policies and actions of governments and/or regulatory authorities, (14) conclusions with regard to accounting assumptions and methodologies, (15) changes in ownership that could affect the future availability to NN Group of net operating loss, net capital and built-in loss carry forwards, (16) changes in credit and financial strength ratings, (17) NN Group’s ability to achieve projected operational synergies, (18) catastrophes and terrorist-related events, (19) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business, (20) risks and challenges related to cybercrime including the effects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy, (21) business, operational, regulatory, reputation and other risks and challenges in connection with ESG related matters and/or driven by ESG factors including climate change, (22) the inability to retain key personnel, (23) adverse developments in legal and other proceedings and (24) the other risks and uncertainties contained in recent public disclosures made by NN Group.
Any forward-looking statements made by or on behalf of NN Group speak only as of the date they are made, and, NN Group assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.
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This document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities.
Source : NN Group
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