12 March 2018Insurance

NN Group international CEO steps down; successor hunt begins

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.

As of July 01, Spencer will join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer.

Spencer joined NN Group in August 2014 as a member of the management board and was appointed CEO international insurance in September of that year. In this role, he was responsible for NN's Insurance Europe, Japan Life, Japan Closed Block VA and NN Re businesses.

Prior to that, Spencer was CEO Aviva UK & Ireland General Insurance, CEO and chief financial officer Aviva Canada and from 2010 to 2012 Aviva group chief risk officer.

NN Group said that the selection process for a new CEO for the international insurance business has started.

Lard Friese, CEO of NN Group, said: "Robin has made a significant contribution to the development of our company. Under his leadership, our international businesses have been fundamentally strengthened, and his focus on innovation and building new distribution partnerships across markets has positioned our business units for future growth.

"On behalf of the management board, I would like to thank Robin for his commitment and dedication to NN, its customers, employees and other stakeholders. I wish him all the best in his new role as COO at PCA."

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More on this story

Insurance
13 March 2018   Prudential's Asia business has appointed Robin Spencer as chief operating officer (COO).
Insurance
17 May 2018   Profits dipped at NN Group, one of the biggest insurers in the Netherlands, in the first quarter of 2018 but its gross premium income rocketed on the back of its 2017 acquisition of Delta Lloyd as its chief executive said he anticipates the integration of the two companies will be largely finalised by the end of the year.
Insurance
16 August 2018   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.