a.s.r. to change governance structure with introduction Management Board
a.s.r. plans to change its governance structure and introduces a Management Board consisting of the members of the Executive Board, a CRO, a CHRO and a COO Life. The Management Board will become effective from closing of the proposed transaction with Aegon and will replace the Business Executive Committee established in 2019. With the Management Board, knowledge and experience related to specific areas of interest are directly involved in decision-making at board level. This is an important step for the future of a.s.r., following the transaction with Aegon on a business combination with Aegon Nederland. The transaction is yet to be approved by the regulators.
The Supervisory Board and the Executive Board believe that a change in the governance structure and the introduction of a Management Board is desirable, to manage the extensive integration of activities and ensure long-term management continuity as a.s.r. becomes significantly larger following the business combination with Aegon Nederland. The Management Board will replace the previously established Business Executive Committee and will consist of CEO Jos Baeten, CFO Ewout Hollegien, COO/CTO Ingrid de Swart, COO Life Willem van den Berg, Chief Risk Officer (CRO) Rozan Dekker and Chief Human Resources Officer (CHRO) Jolanda Sappelli. The Executive Board retains ultimate statutory responsibility for managing a.s.r.
CRO Rozan Dekker is currently director of Group Risk Management at a.s.r. and CHRO Jolanda Sappelli is director of HR at a.s.r. COO Life Willem van den Berg is currently managing director Life at Aegon Nederland and at Aegon responsible for the proposed combination of activities with a.s.r. On the Management Board, he will be responsible for all Life activities of a.s.r. including Pensions, Individual Life and Funeral, pension provider TKP and the PPIs Aegon Cappital and a.s.r. PPI. CHRO Jolanda Sappelli will have a key role during the merger between Aegon Nederland and a.s.r. for everything personnel- and organization-related. CRO Rozan Dekker will be responsible for a.s.r.’s risk management and compliance organisation.
The introduction of the Management Board is subject to closing of the proposed transaction with Aegon, which will take place on 1 July 2023 at the earliest, following approval from the regulators, including The Dutch Central Bank (DNB) and the Netherlands Authority for Consumers & Markets. The appointment of the COO Life, the CHRO and the CRO are subject to approval by The Dutch Central Bank (DNB).
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2 May 2024Equal Pay for Men and Women at a.s.r.: No Gender Pay GapAccording to the annual Gender Pay Gap analysis, a.s.r. ensures equal pay for men and women performing equivalent work. This commitment to gender equality is reflected in the fact that there is no pay gap between male and female employees at a.s.r. In contrast, the average Dutch business had a pay gap of 6.9% in 2022. It is the first time that this analysis has been conducted since the integration of Aegon Nederland.
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25 Apr 2024a.s.r. joins Forum for Insurance Transition to Net-Zero (FIT)a.s.r. has joined the Forum for Insurance Transition to Net-Zero (FIT), a new initiative launched by the United Nations Environment Programme (UNEP). A total of 19 insurers and reinsurers worldwide have joined this initiative. FIT builds upon the efforts of the Net-Zero Insurance Alliance (NZIA). It provides a broader platform for collaboration and innovation and a.s.r. is one of the three Dutch insurers actively participating. a.s.r. hereby reaffirms its commitment to a sustainable and climate-neutral insurance sector.
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18 Apr 2024500 a.s.r. employees roll up their sleeves on first “Doenkracht Donderdag”Across the Netherlands, 500 a.s.r. employees will participate in activities on Thursday, April 18, during Doenkracht Donderdag (“Doenkracht Thursday”). On this day, employees will step away from their usual tasks and wholeheartedly engage in volunteer work across 6 of a.s.r.’s 7 business cities. a.s.r.’s social organisation, Doenkracht, collaborates with various organisations in and around these cities that can benefit from external help. This initiative marks the first time a.s.r. is organising such an event, drawing inspiration from Aegon Nederland, which previously introduced Vrijwilligerswerk Vrijdag (“Volunteering on Friday”). The commitment to community activities aligns with a.s.r.’s mission to empower individuals in the Netherlands to make informed financial decisions, fostering greater financial awareness, savvy, and resilience.