As per 1 August he will join the statutory management team of DAS Holding as Chief Transformation Officer (CTO). Because of the intended public offer by CACEIS for all outstanding shares of KAS BANK his duties will be taken over by his fellow members of the Managing Board Sikko van Katwijk (Chairman of the Managing Board) and Mark Stoffels (Chief Financial & Risk Officer) for the time being.

The Supervisory Board is grateful to Jaap Witteveen for his commitment and dedication during the past years. Peter Borgdorff, Chairman of the Supervisory Board: 'We are thankful for the pleasant cooperation and his important contribution to KAS BANK. Under his leadership, the IT department has been restructured, operational efficiency has been improved, and good improvements have been realised in the quality of our services. We wish him the best of luck in his new position.'

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KAS BANK NV published this content on 17 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2019 05:58:07 UTC