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  2. MONEY MANAGEMENT
September 08, 2015 01:00 AM

Robeco CEO to resign

Sophie Baker
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    Roderick Munsters

    Roderick Munsters will resign as CEO and member of the management board of Robeco Group, a spokesman said.

    Mr. Munsters will leave in a few months, once the hiring of a successor is completed. The spokesman said Robeco, parent company ORIX Corp. and its supervisory board will be vetting both internal and external candidates for the position.

    “Two years after the acquisition by our new shareholder, Robeco is in good shape with a solid financial performance and a strong long-term strategy,” Mr. Munsters said in a news release. “This is therefore a natural moment for me to hand over my responsibilities to new leadership.”

    A spokeswoman, answering questions on Mr. Munsters' behalf, said his first priority was a “seamless handover to his successor. Given his 26-year career and track record, his next steps are likely to again be in the financial services sector,” she said in an e-mail.

    Robeco has €273 billion ($304 billion) in assets under management.

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    October 23, 2023 page one

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