In connection with the planned move of Aegon’s head office and legal seat to the United States, Aegon has agreed with Duncan Russell that he will step down as Chief Financial Officer and leave the company in April 2027. Aegon has initiated a search for his successor, the company announced on its website.

“Duncan has made an invaluable contribution to the transformation of Aegon, strengthening our financial foundations and positioning the company for long-term success. He has also been a trusted advisor to me personally, and I have greatly valued his counsel and partnership. On behalf of the Board of Directors and all our colleagues, I would like to thank him for his leadership and dedication”, commented Aegon CEO Lard Friese.

“It has been a privilege to contribute to Aegon’s transformation over the past years, working alongside colleagues across the organization. I am proud of what we have achieved together and believe Aegon is well positioned to deliver on the ambitions set out at its Capital Markets Day. While I will not be part of that next phase, I remain confident in the company’s future and fully committed to supporting an orderly transition”, Duncan Russell said.