David KNIBBE appointed as CEO of NN Group

12 August 2019 — Cosmin CONCEATU
NN Group announced that David KNIBBE, currently CEO of NN Netherlands, will succeed Lard FRIESE who has stepped down as member and chair of the Executive Board and CEO of NN Group as of today, 12 August 2019, to join AEGON.

David KNIBBE joined the asset management business of ING Group in 1997, and was later responsible for the ING International Insurance businesses. He was appointed as a member of the Management Board of NN Group and CEO of NN Netherlands in 2014. In recent years, David has played a pivotal role in the acquisition of Delta Lloyd and the announced acquisition of VIVAT Non-Life, and led the integration of the Delta Lloyd businesses into NN.

Lard FRIESE commented on the new Board changes:

"It has been a privilege to serve NN Group, and I am proud of what we together have achieved for the company, colleagues and customers. I am grateful for all the support I have received from the Supervisory Board and Management Board, from the nearly 15,000 colleagues, and from the company's stakeholders. I congratulate David on his intended appointment. Having worked closely with him for many years, I am confident that under his leadership NN Group will continue to prosper and I wish him every success."

If approved, the appointment will be effective 1 October 2019, after notification to the General Meeting of NN Group at an extraordinary general meeting (EGM) to be held on 26 September 2019.

Source: NN-group.com

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