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Executive board

The AFM Executive Board currently consists of three members mandated by the articles of association. Each board member has his or her own area of responsibility. Below, you will find information about their portfolios, any ancillary positions they hold alongside their role as Executive Board member and an overview of expense claims, costs and expenditure by the Executive Board. The AFM has a Executive Board member for internal business who – under the auspices of the Executive Board – is responsible for the central direction of operations at AFM.

Organisational chart

The organisational chart shows the division of the organisation into general staff, supervisory and operational management.

Members of the executive board

You can find an overview of the members of the AFM Executive Board and the board member for internal business here.

  • Laura van Geest (chair)
  • Hanzo van Beusekom
  • Jos Heuvelman
  • Linda Sas

Laura van Geest (1962)

Laura van Geest is chair of the Executive Board of the Dutch Authority for the Financial Markets (AFM) since 1 February 2020. Within the board, she is responsible for communication, the internal audit services, strategy, policy and international affairs, and the AFM’s Expert Centre.

Van Geest has had several positions at the Dutch ministry of Finance. She began her career working on foreign financial affairs. After a stay as advisor at the International Monetary Fund (IMF), she focussed on interior issues, acting as general treasurer and Director-General for the national budget. She was director of the Netherlands Bureau for Economic Policy Analysis (CPB) until 2020.

During her career, Van Geest has dealt with a wide variety of issues and stakeholders. That includes currency crises, pension reforms, and social health insurance laws, as well as the calculation of election programmes, and yearly financial risk reports.

Van Geest studied economics and public administration at the Erasmus University Rotterdam.

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Hanzo van Beusekom (1972)

Hanzo van Beusekom has been a member of the Executive Board of the Dutch Authority for the Financial Markets (AFM) since 1 June 2018. Within the board, he is responsible for the supervision of capital markets, audit firms, legal affairs, and the AFM’s programme on data- and technology-driven supervision. Hanzo is member of the Executive Board of IOSCO, the global standard setter for securities markets and alternate Board member at ESMA.

From 2011 until 1 June 2018, Van Beusekom was a partner at a strategic consultancy specialising in strengthening supervision. He has supported more than twenty supervisory organisations.

Hanzo van Beusekom previously worked at the AFM from 2003 to 2010, as head of the Supervision Group for major financial institutions and head of Strategic Analysis. Before that, he was a strategy consultant at The Boston Consulting Group. Upon his return at the AFM, Van Beusekom focussed on cross-sector supervision and renewal, with a particular focus on data- and technology-driven supervision. From 1 September 2019 to 1 February 2020, he was acting chair of the Executive Board.

He has a particular interest in contributing to organisations that create public value. In this, his focus is on change that enhances these organisations’ effectiveness. Van Beusekom studied economics in Amsterdam and obtained an MBA at INSEAD in Fontainebleau.

Hanzo van Beusekom is married and has two children.

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Jos Heuvelman (1962)

Jos Heuvelman has been a member of the Executive Board of the Dutch Authority for the Financial Markets (AFM) since 1 September 2018. Within the board, he is responsible for the AFM's supervision of the retail market. The retail market includes loans, savings, investments, insurances and pensions. He is also responsible for AFM's supervision of Asset Management, retail and institutional. Heuvelman is member of both the Board of Supervisors and the Managing Board at ESMA, where he also chairs the standing committee Senior Supervisors Forum.

Heuvelman worked at the Dutch Central Bank (DNB) as central banker and as supervisor of the financial sector for (nearly) 33 years. Prior to his appointment at the AFM, Jos Heuvelman was the division director of the Supervision of European Banks. Within the Single Supervisory Mechanism, his division at DNB was responsible for the day-to-day supervision of the six big Dutch banks.

At DNB, Jos Heuvelman held a range of management positions in different supervisory divisions, at both national and international level. In these positions, he dealt with banks, insurers, pension funds, investment companies and portfolio managers, among other things. Jos played an instrumental role in various major changes within DNB, including the introduction of the European banking union. He also headed up various international working groups.

Heuvelman studied econometrics in Groningen, economics in Amsterdam and obtained a Master’s degree in financial risk management at the NYU Stern School of Business.

Jos Heuvelman is married with 3 children.

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Linda Sas (1972)

Linda Sas took office as Executive Board member for internal business on 1 May 2021. As a Board member whose appointment is not mandated by the articles of association, Sas is responsible for the Operations portfolio. This portfolio consists of the Information Management, Human Resources & Facility Management, Planning, Control & Finance, Compliance Integrity and Risk Management departments and the Administrative Office.

From 2013 to 2020, Sas was a member of the Executive Board of Ymere, serving as director of Corporate Affairs. In this role, she managed all support departments and was responsible for the transformation of Ymere, making the organisation agile, innovative and result-oriented and the implementation of the long-term strategy. From 2008 to 2013, she worked in various managerial and programme roles at KPN, always at the interface of HR, IT, innovation, finance and the business.

Sas has held various positions at both for-profit and non-profit organisations in recent years and has extensive experience in designing and implementing sustainable changes in organisations. Her leadership style is characterised by connecting, working from a vision and motivating and inspiring people. In the past year, she worked for the Central Agency for the Reception of Asylum Seekers (COA), where she was responsible for, among other things, improving reception and guidance, making the organisation more agile and the ‘Goal-Oriented’ culture programme.

Sas graduated from Hotelschool The Hague and subsequently studied Business Administration at the Dutch Open University. After graduating from Hotelschool The Hague, she started as a financial trainee at ABN AMRO and worked for several years at UPC and Heineken.

Linda Sas is married and has two children.

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Additional positions

Below you will find details of the positions held by members of the board and the COO in addition to their job at the AFM.

Laura van Geest

Member of the Supervisory Board Erasmus University Rotterdam
Member advisory commission National Growthfund
Member Board of the Pierson fund
Member of the Supervisory Board Netspar
Chair Financial Expertise Center (FEC)

Hanzo van Beusekom

Chairman VIDE (from 1th of March 2022)
Guest lecturer Small Countries Financial Management Centre
Chairman residents' association Buiksloot
Member Curatorium Compliance and Integrity management, VU

Jos Heuvelman

Chairman church counsil congregation Kamerik

Linda Sas

Member of the Supervisory Board Libertas
Member of the Supervisory Board Juva N.V.

February 2022