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

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
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, discussed how a cloud designed for production operations not only helps accelerate developer in...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Venafi has extended the power of its platform in an easy-to-use utility for DevOps teams available for immediate download. Now DevOps teams can eliminate the hassle of acquiring and installing TLS keys and certificates. Instead, customers can focus on speeding up continuous development and deployment, while security teams have complete visibility and can keep the DevOps environment secure and compliant to protect customer data. Extending the Venafi Trust Protection Platform requires only a singl...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market. Some of the major players operating in the global cloud computing market in the healthcare industry are Cisco Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc., Microsoft Corp., Intel Corp., an...
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, discussed the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filterin...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
Early adopters of IoT viewed it mainly as a different term for machine-to-machine connectivity or M2M. This is understandable since a prerequisite for any IoT solution is the ability to collect and aggregate device data, which is most often presented in a dashboard. The problem is that viewing data in a dashboard requires a human to interpret the results and take manual action, which doesn’t scale to the needs of IoT.