NN Group announced appointment of David Knibbe as CEO of the company. David Knibbe, currently CEO of NN Netherlands, succeeds Lard Friese who has stepped down as member and chair of the Executive Board and CEO of NN Group as of, 12 August 2019, to join Aegon. The appointment of David Knibbe is subject to approval from the Dutch Central Bank.

If approved, the appointment will be effective 1 October 2019, after notification to the General Meeting of NN Group at an extraordinary general meeting (EGM) to be held on 26 September 2019.