NETHERLANDS - ABP Investments, the asset management arm of the e156.9bn Dutch civil service fund, has rotated the responsibilities of its Board of Directors.
ABP Investments, part of Europe’s largest fund, the Stichting Pensioenfonds ABP, has given an additional role to equities chief Jan Straatman (pictured), making him CIO fixed income investments.
“As of September 1, there has been a change of responsibilities within the Board of Directors of ABP Investments,” ABP announced.
“Jan Straatman, CIO equities, has also become CIO fixed income investments.”
Straatman takes over from Paul Spijkers, who will exchange his position for CIO alternative investments.
“Until 1 January 2005 [Spijkers] will combine his new position with his present position of CEO of ABP Investment US Inc. in New York,” ABP said on its website.
Jelle Mensonides will continue as CIO alternative investments until the new changes come into effect on September 1. From 1 January 2005, he will succeed Spijkers as CEO of ABP Investments US Inc. in New York.
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