Dick Sluimers to step down as CEO of APG Group effective January 1, 2016
10 sep 2015 -
Mr. Dick Sluimers will leave APG Group as Chairman of the Group’s Executive Board on January 1, 2016. Dick Sluimers has been associated with ABP and APG for a total of 25 years.
First as a member of the ABP Board of Trustees on behalf of the government’s employers, then as Chief Financial Officer, followed by Chairman of the ABP Board of Directors and from 2008, Chairman of the APG Group’s Executive Board. Now the restructuring program at APG—initiated in 2012—is approaching its final stages, he considers this a natural point in time to take leave of the Group and to focus on other public administration and consulting work.
Bart Le Blanc, Chairman of APG’s Supervisory Board: “Dick’s contribution is of inestimable value to APG, as well as the client pension funds and the pension sector in the Netherlands as a whole. While his leadership will be sorely missed in a period in which the pension system is undergoing fundamental changes, we understand his motivation. It is now up to APG to find a good successor.”
In addition to his position as Chairman of APG’s Executive Board, Dick Sluimers holds a number of ancillary positions, such as member of the Supervisory Board of Akzo Nobel N.V., member of the Board of Trustees of the IFRS Foundation, member of the Supervisory Board of Atradius/Atradius Credit Insurance and member of the Supervisory Board of Netspar.
APG, a financial services provider in the collective pensions market, provides pension fund administration, communication, asset management, management support and services to pension funds. For these pension funds and their more than 4.5 million active and retired participants from the education, government, construction, cleaning and window-cleaning sector as well as housing corporations, power and public utilities providers and social work provision, APG manages pension assets totaling 417 billion euros (July 2015). APG works for over 30,000 employers, providing an income to approximately 4.5 million participants. APG administers over 30% of all collective pension schemes in the Netherlands.
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