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Marius Menkveld, CEO of SNS Property Finance, to leave SNS REAAL

Staff writer | Utrecht, The Netherlands | September 24, 2009
SNS REAALSeptember 24, 2009, Utrecht, The Netherlands - SNS REAAL, a diversified financial company, announced that Marius Menkveld has decided to step down as CEO of SNS Property Finance, efective October 1.
Mr. Menkveld will also resign from the statutory board of directors of SNS Bank N.V. and the Management Committee of SNS REAAL. Mr. Menkveld joined SNS Bank in 1985, where he subsequently held various management positions. In 1999 Mr. Menkveld joined the Board of Directors of SNS Bank and in January 2007 he was appointed as CEO of SNS Property Finance.

The position of CEO of SNS Property Finance will be filled from October 1, 2009 by interim manager Coen van der Bijl. Mr. van der Bijl is an associate partner at Boer & Croon Executive Managers, whose previous experience includes positions on the boards of directors of AON Risk Services and ING Real Estate. The intended appointment is subject to the customary approval of De Nederlandsche Bank.

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