Aegon to reappoint CEO Alex Wynaendts

Dutch insurance group Aegon will reappoint Alex Wynaendts as its chief executive officer (CEO) of the company - for another four-year term.

Aegon said its supervisory board will propose the reappointment to the annual general meeting of shareholders in May 2019.

Wynaendts joined Aegon in 1997 and was appointed as a member of the company’s executive board in 2003. He was named Aegon’s chief operating officer in April 2007, and was appointed CEO and chairman of Aegon’s executive board the following year.

“We are very pleased that Alex Wynaendts will continue as our CEO,” said William Connelly, chairman of Aegon's supervisory board. “Alex has been instrumental in leading Aegon’s strategic, organizational and financial transformation. With his reappointment, he will build on this to deliver strong financial performance and to sharpen Aegon’s strategy. The Supervisory Board will initiate a thorough succession process and work with Alex to identify a successor during his final term.”

Wynaendts commented: “Thanks to the hard work and dedication of Aegon’s 25,000 employees, we have transformed the company into a more technology-driven and agile business. We are now more relevant than ever to our millions of customers, and better placed to help them secure their financial future. We have achieved this by simplifying the business, solidifying the group’s capital position and increasing capital generation. I look forward to working together with my management team to fully realize the growth opportunities we see across the group.”

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