View more on these topics

Wynaendts to take over from Shephard as Aegon chairman

Aegon chairman Donald Shepard is to retire next year after 37 years with the company.

He will be succeeded from April 23 next year by Alexander Wynaendts, who is Aegon chief operating officer.

Wynaendts is a member of the boards of Aegon’s main country units in the
 US, the Netherlands and the UK. He is also responsible for implementing the firm’s international expansion 

He has almost 25 years in international finance and insurance. Wynaendts is Dutch and began his career with ABN Amro in 1984, working in the bank’s private banking and investment banking operations in Amsterdam and London.

Aegon supervisory board chairman Dudley Eustace says: “Donald has led Aegon through challenging market conditions and leaves the company with a strong balance sheet and healthy cashflows. We are grateful for his many contributions to the growth of our business during his 37 years of service.”

Shepard says: “I want to thank my colleagues and the many quality people behind our businesses who have made my years with Aegon so rewarding. I have every confidence that Alex Wynaendts is the ideal choice to lead Aegon forward.”


Truth and consequences

Tom Baigrie recently addressed the Cicero Forum on the problems within the financial services industry and supplied the most succinct and biting condemnation yet of the futility and madness of the RDR proposals.

Gloom and boom

Share prices of companies in the commodities industry and emerging markets have set a blistering pace in recent weeks. The likes of BHP have seen their share prices rise by over 50 per cent from their low point in mid-August while the shares of some companies that are both commodity producers and domiciled in emerging markets, such as CVRD of Brazil, have almost doubled in the same period. This has taken place against a background of deteriorating economic news in Western economies and plunging share prices in the property and financials sectors.

Mortgage Force adds two lenders to secured loan broking arm

Mortgage Force has launched two new national partners to facilitate its secured loan broking arm.Promise Solutions and Your Broker Network have joined the 170-strong franchise network.Mortgage Force director of distribution Stuart Johnson says: “We have entered into arrangements with Promise and Your Broker Network because they can offer the products, support and service we need […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm