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Obituary (Memoriam): Ronald Gerritse AFM chairman of the board

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"Let regulators strive to be as transparent as possible, Let them disclose to the public what they are up to"

It is with great sadness that we inform his many friends and colleagues of the untimely passing of our chairman Ronald Gerritse. Ronald Gerritse was 61.

Ronald Gerritse was a very committed chair, an outstanding leader and a visionary man with a great understanding of financial markets. Ronald served the public sector for more than four decades, had a great sense of public responsibility and played a crucial role in leading the financial turmoil during the credit crisis into calmer waters. Above all, he was greatly respected and well-liked by his colleagues as well as by his counterparts inside and outside of the Netherlands.

We will remember Ronald as an extraordinary, loyal and wonderful man, and an unpretentious, forward-thinking and team-playing captain. He leaves a great void to be filled and will be sorely missed. Ronald represented the Authority for Financial Markets in ESRB, IOSCO and ESMA, where he chaired the ESMA Committee for Economic and Market Analysis until the summer. Ronald was convinced that the recent crises proved that market conduct has a substantial impact on the stability of the financial system. He strongly felt that it is the market regulator’s duty to identify and draw supervisory attention to risks originating from and impacting the financial markets.

Prior to joining the AFM in 2011, Ronald held the position of Secretary General of the Dutch Ministry of Finance, and since 2008, combined this position with the position of Treasurer of the same Ministry. He was closely involved in the various operations supporting financial institutions during the credit crisis. Prior to that, he was Secretary General of the Dutch Ministry of Social Affairs and Employment (1996-2003) and General Secretary of the Dutch Social Economic Council (SER) (1990-1996).

We convey our deepest sympathies to his wife, his children, extended family and friends. In lieu of cards, you may send condolences to condoleance.ronald.gerritse@afm.nl.

Ronald will be buried in a private ceremony. A memorial service will be held for family, friends and colleagues on Friday 4th of October.

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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