Johan van der Werf to Step Down as CEO of AEGON The Netherlands
17 January 2008 - 6:00PM
PR Newswire (US)
The Hague, The Netherlands, January 17 /PRNewswire-FirstCall/ --
AEGON N.V. today announced that Johan van der Werf will step down
as Chief Executive Officer of AEGON The Netherlands, effective
January 21, 2008. Mr. van der Werf (55), who also serves on the
Management Board of AEGON N.V., has led the Dutch organization
since 2002 and has worked for AEGON and its predecessors since
1982. Mr. van der Werf will serve as an advisor to the Executive
Board for the remainder of the year. Pending the Executive Board's
selection of Mr. van der Werf's successor, the Management Board of
AEGON The Netherlands will report to Jos Streppel, Chief Financial
Officer of AEGON N.V. Mr. van der Werf stated: "These past 26 years
with AEGON have been extremely gratifying. I am proud of the work
we have accomplished to create a more efficient organization and
increase customer satisfaction, while positioning AEGON The
Netherlands for future growth. I wish to thank my colleagues and
our dedicated employees who have enabled us to achieve the progress
we have made in recent years. While the decision to leave AEGON has
been difficult for me personally, I have every confidence that
AEGON The Netherlands will secure an even stronger position in the
years ahead." "We thank Johan for his many years of leadership and
commitment to AEGON," said Chairman of the Executive Board Donald
J. Shepard. "In recent years, he has played a key role in improving
our Dutch operations and increasing customer service levels in what
continues to be a challenging market environment. We will build on
this progress to further strengthen the position of AEGON The
Netherlands in the years ahead. We wish Johan every success in his
new pursuits. In the meantime, we are confident that our capable
and experienced management team of AEGON The Netherlands will
successfully oversee the day-to-day operations of our Dutch
business." 1) Mr. Streppel has been a member of the Executive Board
since 2000. He currently serves as a member of the Supervisory
Boards of Royal KPN N.V. and Van Lanschot Bankiers N.V. and is a
member of the Dutch Monitoring Committee Corporate Governance.
ABOUT AEGON AEGON is one of the world's largest life insurance and
pension groups, and a strong provider of investment products. AEGON
empowers local business units to identify and provide products and
services that meet the evolving needs of customers, using
distribution channels best suited to local markets. AEGON takes
pride in balancing a local approach with the power of an expanding
global operation. With headquarters in The Hague, the Netherlands,
AEGON companies employ approximately 30,000 people worldwide.
AEGON's businesses serve millions of customers in over twenty
markets throughout the Americas, Europe, and Asia, with major
operations in the United States, the Netherlands and the United
Kingdom. Respect, quality, transparency and trust constitute
AEGON's core values as the company continually strives to meet the
expectations of customers, shareholders, employees and business
partners. AEGON is driven to deliver new thinking with the ambition
to be the best in the industry. Disclaimer The statements contained
herein that are not historical facts may be forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act. Forward-looking statements are made based upon
management's current expectations and beliefs concerning future
developments and their potential effects upon the company. There
can be no assurance that future developments affecting the company
will be those anticipated by management. Actual results may differ
materially from those included in the forward-looking statements.
These forward-looking statements involve risks and uncertainties
including the factors set forth in our Annual Report on Form 20-F,
which is available for review at http://www.aegon.com/ and
http://www.sec.gov/. Contact Information Group Corporate
Communications & Investor Relations The Hague, the Netherlands
Analysts & Investors +31(0)70-344-83-05 Media
+31(0)70-344-83-44 E-mail Website http://www.aegon.com/ Baltimore,
the United States Analysts & Investors +1-877-548-9668 (toll
free) /+1-410-576-45-77 Email: DATASOURCE: AEGON N.V. CONTACT:
Contact Information: Group Corporate Communications & Investor
Relations, The Hague, the Netherlands, Analysts & Investors,
+31(0)70-344-83-05; Media, +31(0)70-344-83-44, E-mail , Website
http://www.aegon.com/; Baltimore, the United States, Analysts &
Investors, +1-877-548-9668 (toll free) /+1-410-576-45-77, Email:
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