The Supervisory Board of KAS BANK N.V. to appoint Sikko van Katwijk as the new Chairman of the company's Board of Directors. He succeeds Albert Röell, who will be appointed Chairman of the Board of Directors of KPMG Nederland as of November 1, 2015. Mr. Röell will soon be resigning his duties and responsibilities as Chairman of KAS BANK.

The proposed appointment of Mr. Van Katwijk is subject to the approval of the regulator. Sikko van Katwijk has been a member of the Board of Directors and Chief Commercial Officer of the company since July 1, 2009. He worked for the company during the period 1989 to 2001, as Head of Institutional Relationship Management and Director of the company's London branch, amongst other positions.

From 2001 until his appointment as Director at KAS BANK, he held various international management positions at Citigroup Inc.