The supervisory board of ABN AMRO intends to appoint Ferdinand Vaandrager CFO and member of the executive board for a period of four years, ending at the closing of the company’s annual general meeting in 2027. The appointment is subject to approval by the European Central Bank (ECB). ABN AMRO will convene an extraordinary general meeting to introduce Vaandrager prior to his formal appointment.

In May, ABN AMRO appointed Vaandrager interim CFO after former CFO Lars Kramer stepped down to pursue another career opportunity outside ABN AMRO. Vaandrager has been working in banking for more than 25 years, both in the UK and the Netherlands. He has held various commercial and leadership positions at ABN AMRO, Royal Bank of Scotland and Citigroup, with a particular expertise in corporate and institutional banking and in financial markets. Since 2020, Vaandrager has been head of investor relations at ABN AMRO.

“The bank has a lot of highly qualified staff, as underlined by this intended appointment,” Robert Swaak, CEO of ABN AMRO, said. “Ferdinand has extensive experience in various parts of the bank and has spent the past few months working intensively on the CFO portfolio. The executive board is looking forward to working with Ferdinand as a CFO.”