Welcome!

News Feed Item

Aegon CFO Jan Nooitgedagt to Retire; Darryl Button Named as Successor and CRO Tom Grondin to Join the Management Board

THE HAGUE, The Netherlands, November 20, 2012 /PRNewswire/ --

Aegon announces that Chief Financial Officer Jan Nooitgedagt (59, Dutch) has decided to retire at the end of his current term, in line with Aegon's retirement arrangements for Executive Board members. The Supervisory Board of Aegon N.V. will propose the appointment of Darryl Button (43, Canadian) as his successor and as a member of the Executive Board at Aegon's Annual General Meeting of Shareholders on May 15, 2013. Mr. Button is currently Executive Vice President and Head of Aegon's Corporate Financial Center and previously served as CFO of Aegon Americas for eight years. The appointment of Mr. Button is subject to the approval of the Dutch Central Bank.

As of January 1, 2013, Chief Risk Officer Tom Grondin (43, Canadian) will be appointed to Aegon's Management Board. Mr. Grondin has served as Chief Risk Officer since 2003. The inclusion of
Mr. Grondin's position on the Management Board reflects the importance of risk management within the organization. The Management Board will be comprised of the CEO, CFO and CRO of Aegon N.V., the CEO of Aegon Americas, the CEO of Aegon The Netherlands, the CEO of Aegon UK, and the CEO of Aegon Central & Eastern Europe.

"We are grateful to Jan for the significant role he has played in strengthening Aegon's financial position and risk profile during the challenges of the past years," said Supervisory Board Chairman Rob Routs. "We have full confidence in Darryl Button and look forward to benefiting from his extensive operational experience in Aegon's largest country unit as management continues to pursue the clear strategic priorities it has identified for the coming years. With the appointment of Tom Grondin to the Management Board we will further strengthen our disciplined approach to managing business risk in a manner that supports our long-term growth ambitions."


Darryl Button

Executive Vice President, Head of the Corporate Financial Center
43, Canadian

Darryl Button was appointed Executive Vice President and Head of Aegon's Corporate Financial Center on September 1, 2012. His current responsibilities include actuarial, accounting and reporting, as well as treasury and capital management, tax, and investor relations.

Darryl joined Aegon in 1999 as Director of Product Development and Risk Management of
Aegon USA's Institutional Markets operating unit. He was named Aegon USA's Corporate Actuary in 2002 and Chief Financial Officer of Aegon Americas in 2005, where he oversaw overall balance sheet management activities for the Americas. Between 2008 and 2011, he was given the additional responsibilities of Chairman, as well as executive management responsibility for Aegon's Canadian operations. Prior to joining Aegon, Darryl was employed by Mutual Life Insurance Co. of Canada.

Darryl earned a Bachelor's of Mathematics degree in Actuarial Science and Statistics from the University of Waterloo in Ontario, Canada. He is a Fellow of the Society of Actuaries, Fellow of the Canadian Institute of Actuaries, and a member of the American Academy of Actuaries.

Tom Grondin

Executive Vice President, Chief Risk Officer
43, Canadian

Tom Grondin was appointed Chief Risk Officer of Aegon N.V. in August 2003. His current responsibilities include managing the risk and compliance functions. In this role, Tom is responsible for the development and oversight of Aegon's Enterprise Risk Management framework and internal Economic Framework. The Economic Framework has helped guide Aegon's risk and business strategy over the years.

Tom joined Aegon in 2000 as Director of Product Development and Risk Management and was later promoted to Chief Actuary of Aegon USA's Institutional Markets operating unit. As Chief Actuary, he had overall responsibility for pricing, profitability and risk management for the business. Prior to joining Aegon, Tom was employed as a consultant at Tillinghast-Towers Perrin, and before that as an Asset/Liability manager at Manulife Financial.

Tom holds a B.A. in Mathematics and Statistics from the University of Windsor in Ontario, Canada. He is a Fellow of the Society of Actuaries, Fellow of the Canadian Institute of Actuaries, and a member of the American Academy of Actuaries.

DISCLAIMER

The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Details of potential risks and uncertainties affecting the company are described in the company's filings with NYSE Euronext Amsterdam and the US Securities and Exchange Commission, including the Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, the company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Media relations    
Greg Tucker    
+31(0)70-344-8956    
[email protected]    

Investor relations
Willem van den Berg
+31(0)70-344-8305
[email protected]


PRN NLD

SOURCE AEGON N.V.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web ...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera MyS...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.