Aegon has finalised its management board, comprising members of the executive board and the chief executives of Aegon’s country units.
The board will include chief executive Donald Shepard, chief finance officer Joseph Streppel, Patrick Baird, Otto Thoresen, Johan van der Werf and Alexander Wynaendts.
The board will oversee Aegon’s worldwide businesses and its international growth objectives.
The new structure should better integrate the country units and emphasise Aegon’s commitment to coordinating global initiatives, such as asset management and pensions.
The new structure will become effective January 1, 2007.
Chairman and chief executive Donald Shepard says: “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.”