NETHERLANDS - Stichting Corporate Governance Onderzoek voor Pensioenfondsen (SCGOP), the Foundation for Corporate Governance Research for Pension Funds, has opened up its membership to asset managers and other investment institutions in a bid to create a stronger platform for the promotion of good governance.
The SCGOP, which currently comprises solely Dutch pension funds including KLM, Philips, Shell, Unilever, ABP and PGGM, has now added F&C, ING Investment Management and Robeco to its list of members.
The body, which gears its activities towards listed companies in the Netherlands and Europe, said one of the reasons for the expansion was the new Dutch corporate governance code, the Tabaksblat Code.
“The code offers a good foundation to improve the governance of companies and calls on Dutch institutional investors to apply an active corporate governance policy,” the SCGOP said.
As part of the growth, the SCGOP will draft an expansion plan and has appointed a joint project group, headed up by Rients Abma of the Ministry of Finance. The plan is expected to be complete by autumn.
Abma will take up his post of project manager on August 1 and will become director of the new organisation at the end of 2005, succeeding Jos van Niekerk.
At the Ministry of Finance, Abma has worked as secretary to the Tabaksblat committee and remains secretary to the monitoring committee - the Frijns committee. He has also worked as an economic affairs policy officer at VNO-NCW, the Confederation of Netherlands Industry and Employers, where one of his focuses was corporate governance.
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