Aegon appoints Duncan Russell to succeed Matt Rider as Chief Financial Officer

Duncan Russell joined Aegon as Chief Transformation Officer in 2020. Prior to Aegon, Duncan worked at UK-based Admiral Group Plc, where he last held the position of CFO of Admiral Financial Services. Prior to that, he worked for NN Group N.V., responsible for Group Capital Management, Treasury, Business Development and Group Strategy, and at J.P. Morgan as Managing Director and Head of Equity Research European Insurance.“I am pleased to appoint Duncan Russell as our new CFO,” said Aegon...

The Hague, 16/05/2024 (informazione.it - comunicati stampa - economia)

Duncan Russell joined Aegon as Chief Transformation Officer in 2020. Prior to Aegon, Duncan worked at UK-based Admiral Group Plc, where he last held the position of CFO of Admiral Financial Services. Prior to that, he worked for NN Group N.V., responsible for Group Capital Management, Treasury, Business Development and Group Strategy, and at J.P. Morgan as Managing Director and Head of Equity Research European Insurance.

“I am pleased to appoint Duncan Russell as our new CFO,” said Aegon CEO, Lard Friese. “I am confident that with his financial acumen, deep insurance expertise and comprehensive knowledge of the capital markets and our organization, he will continue to contribute to the success and transformation of our company.

“I also want to extend my deepest gratitude to Matt Rider for his dedication and contribution over the years. His wealth of financial and insurance expertise, his leadership and guidance have been instrumental in building and maintaining Aegon's strong financial profile and improving its financial performance.”

“I am grateful for the opportunity to be the next CFO of Aegon. We have ambitious operational, strategic, and financial goals and I am excited to continue working with my colleagues to deliver on them,” added Duncan Russell.

Reflecting on his tenure, Matt Rider remarked, “It has been a privilege to serve as CFO of Aegon. I am proud of the things we have accomplished as a team and am grateful for the opportunity to have contributed. As I retire, I am confident in Duncan's leadership, and wish him and the entire team continued success.”

Contacts

About Aegon
Aegon is an international financial services holding company. Aegon's ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Its portfolio of businesses includes fully owned subsidiaries in the US, UK, and a global asset manager. In addition, Aegon has partnerships in Spain & Portugal, Brazil, and China, which create value by combining strong local partners with Aegon's international expertise. In the Netherlands, Aegon generates value via a strategic shareholding in a market leading insurance and pensions company.

Aegon's purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com .

Forward-looking statements
The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2023 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Attachment