Ruud Hagendijk resigned as CEO at MN and will leave the firm next year, said a spokeswoman for the Dutch money manager.
Mr. Hagendijk has not confirmed his departure date, the spokeswoman said. In a statement on the firm's website, MN said a successor will be appointed in 2015.
“(Mr. Hagendijk's) contribution to MN's development and success has been significant, and we wish him well in his future endeavors,” the firm said an e-mailed statement.
MN has adopted a strategic framework and new shareholder structure in the past year, Mr. Hagendijk said in a news release on MN's website. “MN has now clarified its route for the next few years,” he said.
MN launched a four-year cost-cutting and efficiency program in the Netherlands in November. The changes are set to include the loss of more than 200 full-time jobs.
Mr. Hagendijk was CEO for 10 years, and joined MN 18 years ago. MN has about €92 billion ($112.2 billion) in assets under management.
His plans could not be learned by press time.
