"These nominations have been made with the intention to further strengthen the composition of the Supervisory Board", as the insurer mentioned in a press release.
The proposals to appoint Cecilia REYES and Rob LELIEVELD have been approved by the Dutch Central Bank (DNB) and are supported by the Central Works Council of NN Group.
The proposals for appointment will be submitted for adoption at the annual general meeting, to be held on 20 May 2021 (AGM). If approved, the appointment of Cecilia REYES will become effective immediately, and the appointment of Rob LELIEVELD will become effective 1 September 2021.
Cecilia REYES was Group Chief Risk Officer, Group Chief Investment Officer and member of the Executive Committee at Zurich Insurance Group Ltd. Currently she is a non-executive director and member of the Risk and Capital Committee and the Remuneration Committee at Standard Life Aberdeen plc. If appointed, Cecilia REYES will also be appointed as a member of the NN Group Supervisory Board Remuneration Committee and Risk Committee.
Rob LELIEVELD is EY Netherlands' Managing Partner Assurance and member of the board of directors of EY Netherlands. In the past thirty years he has served as an auditor for many corporates across sectors, with a primary focus on the insurance industry. He has a profound understanding of the regulatory framework and of corporate governance. If appointed, Rob LELIEVELD will also be appointed as a member of the NN Group Supervisory Board Audit Committee and Nomination & Corporate Governance Committee.