George Möller new chairman of the AFM Supervisory Board

Minister of Finance Bos has appointed G. Möller, effective 1 January 2010, as chairman of the Supervisory Board of the Netherlands Authority for the Financial Markets (AFM).

George Möller (1947) was CEO of Robeco Groep N.V. in Rotterdam from July 2004 to September 2009. He previously worked inter alia at Euronext and MeesPierson. Möller has a seat on the Tabaksblat Commission, which drew up a Corporate Governance Code.

Möller succeeds Adri Baan, who retires from the Supervisory Board at his own request. Baan was a member of the Board since September 2003 and chairman since September 2005. Baan retires in connection with the number and changed character of his ancillary positions.

The AFM Supervisory Board supervises the operation of the AFM Executive Board. The Supervisory Board approves the AFM's annual plan, budget and annual accounts, and advises the Minister of Finance on the appointment, dismissal and employment conditions of AFM directors.

The AFM promotes fairness and transparency within financial markets. We are the independent supervisory authority for the savings, lending, investment and insurance markets. The AFM promotes the conscientious provision of financial services to consumers and supervises the honest and efficient operation of the capital markets. Our aim is to improve consumers’ and the business sector’s confidence in the financial markets, both in the Netherlands and abroad. In performing this task the AFM contributes to the prosperity and economic reputation of the Netherlands.

The AFM is committed to promoting fair and transparent financial markets.

As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.

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