16 August 2018Insurance

NN Group appoints CEO international insurance, board members

Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing  Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer.

Rupprecht was CEO Middle East and Africa, regional chief financial officer of AXA emerging markets (EMEA-LATAM) until January this year.

In his new role Rupprecht will be responsible for NN's Insurance Europe, Japan Life and Japan closed block VA businesses. Rupprecht will also become a member of the NN Group management board.

In addition, Tjeerd Bosklopper, Dailah Nihot, and Janet Stuijt, will be appointed to the management board as of Sept. 1, 2018. Nihot will succeed Dorothee van Vredenburch, who will leave NN Group as of Oct.1, 2018 to pursue a career outside of the company.

Lard Friese, CEO of NN Group, said: “I would like to thank Dorothee for her dedication and leadership throughout her career at NN Group. Dorothee significantly contributed to the success and repositioning of NN as a standalone company, and she played an important role in the acquisition and integration of Delta Lloyd. As our chief change and organisation, Dorothee has been the personification of our brand promise 'You Matter'. It has been a privilege to work with her, and we wish her all the best for the future.

Nihot joined NN Group in 2013 as managing director of corporate relations. As chief organisation & corporate relations, she will be responsible for NN Group's overall corporate relations, sustainability, branding, human resources and facility management functions, with a specific focus on the company's role in society.

“I am very pleased that we have found strong successors for both Dorothee and Robin. The new composition of our management board is aimed to equip us with the skills to further shape our company's journey, with a strong focus on transformation, innovation and our role in society. We are proud to promote three experienced professionals from within NN Group, as well as having a new colleague joining us from outside of our company. We strongly believe in developing and promoting talent, and with these appointments we are further strengthening our diverse and international business culture.'

Bosklopper is head of integration of NN Netherlands & Belgium, responsible for the integration of the Delta Lloyd and NN businesses. As chief transformation officer, Tjeerd Bosklopper will focus on the acceleration of the transformation of NN, in close cooperation with the business units.

Stuijt is NN Group's general counsel and head of compliance. In her new role, she will continue to be responsible for NN Group's legal and compliance function, which emphasises the importance of embedding compliance and legal aspects in the company's strategic decision making processes.

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More on this story

Insurance
12 March 2018   Dutch insurance and asset management company NN Group's chief executive officer of international insurance, Robin Spencer is stepping down from his position, effective June 1, 2018.
Insurance
16 August 2018   Improved underwriting performance of the Dutch non-life business, private equity dividends at Netherlands Life and lower expenses have driven NN Group’s operating result up 25.6 percent year on year in the second quarter of 2018 to €508 million.
Insurance
15 November 2018   Dutch insurer NN Group enjoyed an increase in its profits in the third quarter of 2018 partly boosted by further cost savings as a result of its 2017 acquisition of Delta Lloyd.