The Audit Committee serves a supporting function.
The committee's main task are to assist:
- the Supervisory Board in monitoring the integrity of the financial statements of AEGON N.V.
- the external auditor's qualification and independence
- the performance of AEGON's internal audit function and that of the external auditor
- AEGON’s compliance with legal and regulatory requirements, as well as AEGON’s finance related strategies.
The Audit Committee has determined that the Audit Committee includes at least one financial expert, and as such satisfies the criteria of independence specified by the New York Stock Exchange, the provisions of the Dutch Corporate Governance Code, and the United States Sarbanes-Oxley Act.
The Executive Board members, the director of Group Finance, the Internal Auditor and the external auditor periodically attend the meetings of the Audit Committee. Regularly, the Audit Committee meets with the external auditor without the presence of the Executive Board members. The charter of the Audit Committee can be found in our document section.
The Audit Committee presently consists of Shemaya Levy (chairman), Antony Burgmans, Ben van der Veer and Dirk Verbeek (see their biographies).