NETHERLANDS - The Dutch-based Blue Sky Group, managers of the pension assets for KLM Royal Dutch Airlines, has named Orpa Bisschop, as director.
Bisschop who is currently head of control and information management has been appointed as the second director of the group to comply with requirements stipulated by the Dutch Supervisor of Financial Markets (AFM).
She will retain her present role and Han Thoman will continue as general director of Blue Sky.
The group has has received regulatory approval from the AFM to provide financial services to pension funds other than KLM.
Blue Sky has has started providing administration services to the e450m Lucent Technologies.
Blue Sky Group has met all the AFM requirements with respect to security, integrity and internal control and one of the special AFM conditions is to have two directors with a responsibility in this area.
Blue Sky Group provides services to six pension funds with 45,000 (deferred) members and pensioners and total investments of e8bn.
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