John Neervens, chairman of the board of directors at the €168 billion ($214 billion) Stichting Pensioenfonds ABP, Heerlen, Netherlands, died Nov. 2 following a serious illness, spokesman Hans ten Brinke confirmed. He was 60.
"His savvy and inspiring leadership has guided the privatization of ABP and reformed it to be a modern and professionally organized company," Mr. ten Brinke said in an e-mail response. As chairman for the past 12 years, Mr. Neervens also won loyalty from co-workers due to his focus on "the human factor" behind business-related decisions, Mr. ten Brinke added.
A replacement has not been named.
Information on funeral services was not made public.