The Supervisory Board of KAS BANK N.V. intends to appoint Mr. M.R. (Mark) Stoffels RA as member of the Managing Board and Chief Financial and Risk Officer (CFRO) of KAS BANK with effect from February 1, 2016. Mark Stoffels has been working at KAS BANK for 17 years and is a member of the Management Committee of the bank. In his current position as Managing Director of Finance & Control he is responsible for the strategic and tactical reports and advice on the financial position of the bank.

Previously, Mr. Stoffels was responsible for Investment Management Services. In addition to his role in the bank, Mr. Stoffels is chairman of the KAS BANK Pension Fund.