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Aegon to strengthen management structure

The Hague, November 23, 2006

Aegon today announced the formation of the Aegon Management Board to enhance the management of its worldwide activities.

The Management Board will be comprised of the members of the Executive Board and the CEO’s of Aegon’s major country units. The new structure will become effective January 1, 2007.  

“The inclusion of the CEO's of our major country units in Aegon’s new management structure will enable us to better serve the needs of our customers worldwide while also responding in a more coordinated way to the opportunities for our business,” said Aegon Chairman Donald J. Shepard.   

The Aegon Management Board will oversee Aegon's worldwide businesses and its international growth objectives.  The new structure reflects the increasing demand for closer cooperation between the country units and the importance of coordinating global initiatives, such as asset management and pensions.  

The composition of the Aegon Management Board will be as follows:

  • Donald J. Shepard (CEO)* 
  • Joseph B.M. Streppel (CFO)* 
  • Patrick S. Baird 
  • Otto Thoresen 
  • Johan G. van der Werf 
  • Alexander R. Wynaendts*

* Member of the Executive Board of Aegon N.V.