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Aegon announces new chairman

Aegon has announced that its next chairman will be Donald Shepard, an American who is currently head of Aegon&#39s US operations.

Shepard will take over from Kees Storm, who will retire in April next year at the age of 60. Shepard has confirmed that there is no question of moving the group&#39s headquarters to the US, where it generates around 60 per cent of its business.

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