NN N : Chair of the Supervisory Board of Nationale-Nederlanden Bank Hein Blocks steps down, André Bergen appointed as successor

01 June 2021, 07:58 CEST

Nationale-Nederlanden Bank (NN Bank) announced today that Hein Blocks has stepped down as Chair of the Supervisory Board of NN Bank as of 1 June 2021. André Bergen has been appointed as his successor.

Mr Bergen, currently an independent member of the Supervisory Board and Chair of the Audit & Risk Committee, has been appointed as the new Chair of NN Bank's Supervisory Board as of 1 June 2021. Mr Bergen has extensive experience in the field of management and supervision in the banking sector, including as board member of Generale Bank, later Fortis Bank; CEO of KBC Group; member of the supervisory board of Delta Lloyd Group and Delta Lloyd Bankengroep and NIBC. André Bergen's appointment as Chair has been approved by The Dutch Central Bank (DNB), the Dutch supervisory authority.

Nationale-Nederlanden expresses its gratitude and appreciation for Hein Blocks for his long-term commitment and his unwavering support as Chair of NN Bank's Supervisory Board.

Anne Snel has been appointed Chair of the bank's Audit & Risk Committee as of the same date. Ms Snel is already an independent member of the supervisory board of NN Bank and a member of the supervisory board of NatWest Markets. Ms Snel is currently partner at DIF Capital Partners and is responsible for risk management, compliance and legal activities. Previously she headed Integrated Risk at Rabobank and worked at DNB as senior supervisor and interim department head. Before this, she held a variety of roles at ABN-AMRO Bank over the course of her 16-year career there.

• About Nationale-Nederlanden Bank

  Nationale-Nederlanden Bank N.V. (NN Bank) offers approximately one million mainly Dutch customers financial services in the field of savings, bank savings, investing, mortgages and lending. NN Bank is a subsidiary of NN Group N.V., an international financial services company, active in 20 countries, with a strong presence in a number of European countries and Japan. NN Group N.V. is listed on Euronext Amsterdam (NN).

• Legal information

  Elements of this press release contain or may contain information about NN Bank within the meaning of Article 7(1) to (4) of EU Regulation No 596/ 2014 (Market Abuse Regulation).

  NN Bank's Interim Accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (IFRS-EU) and with Part 9 of Book 2 of the Dutch Civil Code.

  Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation: (1) changes in general economic conditions, in particular economic conditions in NN Bank's core markets, (2) the effects of the Covid-19 pandemic and related response measures, including lockdowns and travel restrictions, on economic conditions in countries in which NN Bank operates, on NN Bank's business and operations and on NN Bank's employees, customers and counterparties, (3) changes in performance of financial markets, including developing markets, (4) consequences of a potential (partial) break-up of the euro or European Union countries leaving the European Union, (5) changes in the availability of, and costs associated with, sources of liquidity as well as conditions in the credit markets generally, (6) changes affecting interest rate levels, (7) changes affecting currency exchange rates, (8) changes in investor and customer behavior, (9) changes in general competitive factors, (10) changes in laws and regulations and the interpretation and application thereof, (11) changes in the policies and actions of governments and/or regulatory authorities, (12) conclusions with regard to accounting assumptions and methodologies, (13) changes in ownership that could affect the future availability to NN Bank of net operating loss, net capital and built-in loss carry forwards, (14) changes in credit and financial strength ratings, (15) NN Bank's ability to achieve projected operational synergies, (16) operational risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, or inadequate controls including in respect of third parties with which we do business, (17) the inability to retain key personnel, (18) catastrophes and terrorist-related events, (19) adverse developments in legal and other proceedings and (20) the other risks and uncertainties contained in recent public disclosures made by NN Bank and/or related to NN Bank.

  Any forward-looking statements made by or on behalf of NN Bank speak only as of the date they are made, and, NN Bank assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

  This document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities.