Eduard van Gelderen was appointed chief investment officer at APG Asset Management, said a spokesman for the firm.
He replaces Angelien Kemna, who becomes APG's chief finance and risk officer. Ms. Kemna replaces Peter Kok, who was previously hired for the role on an interim basis. The spokesman said Mr. Kok will leave APG Asset Management when the new board changes take effect. Mr. van Gelderen will retain his previous role as CIO, capital markets, the spokesman said.
“There was a strong desire to fill the CFRO spot from within the organization, which has been met with the appointment of (Ms. Kemna,)” said the spokesman in an e-mailed comment.
The changes take effect Sept. 1.
“In the past few years, (Mr. van Gelderen) has led an important portion of APG Asset Management,” said Elco Brinkman, chairman of the supervisory board of APG, in a news release. “Therefore, it was logical for the supervisory board to invite (him) to join the board of directors and lead the investment company as a whole.”
The manager has €369 billion ($497.6 billion) of assets under management, including for the €325 billion ABP, Heerlen, the Netherlands.
