12 Mar 2018 - 08:00 CET

Robin Spencer to leave NN Group

NN Group announces today that Robin Spencer will step down as Chief Executive Officer of International Insurance and member of the Management Board of NN Group, effective 1 June 2018. As of 1 July, Robin will join Prudential Corporation Asia (PCA), a business unit of Prudential plc, as Chief Operating Officer. The selection process for a new CEO for the international insurance business has started.

Robin Spencer joined NN Group in August 2014 as a member of the Management Board and was appointed as Chief Executive Officer International Insurance on 1 September 2014. In this role, he is responsible for NN’s Insurance Europe, Japan Life, Japan Closed Block VA and NN Re businesses.

Lard Friese, CEO of NN Group: ‘Robin has made a significant contribution to the development of our company. Under his leadership, our international businesses have been fundamentally strengthened, and his focus on innovation and building new distribution partnerships across markets has positioned our business units for future growth. On behalf of the Management Board, I would like to thank Robin for his commitment and dedication to NN, its customers, employees and other stakeholders. I wish him all the best in his new role as COO at PCA.’

Robin Spencer, CEO International Insurance of NN Group: ‘It has been a great pleasure to be part of NN Group, and I want to thank my colleagues, both in the Management Board and throughout our organisation, for the cooperation over the years. NN’s international businesses are well positioned to accelerate their growth and differentiate through an excellent customer experience. I look forward to joining PCA in Hong Kong and wish NN great success in the future.’

  • NN Group profile

    NN Group is an international insurance and asset management company, active in 18 countries, with a strong presence in a number of European countries and Japan. With all our employees the Group offers retirement services, pensions, insurance, investments and banking to approximately 17 million customers. NN Group’s main brands are Nationale-Nederlanden, NN, Delta Lloyd, NN Investment Partners, ABN AMRO Insurance, Movir, AZL, BeFrank and OHRA. NN Group is listed on Euronext Amsterdam (NN).
  • Important legal information

    Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation: (1) changes in general economic conditions, in particular economic conditions in NN Group’s core markets, (2) changes in performance of financial markets, including developing markets, (3) consequences of a potential (partial) break-up of the euro or European Union countries leaving the European Union , (4) changes in the availability of, and costs associated with, sources of liquidity as well as conditions in the credit markets generally, (5) the frequency and severity of insured loss events, (6) changes affecting mortality and morbidity levels and trends, (7) changes affecting persistency levels, (8) changes affecting interest rate levels, (9) changes affecting currency exchange rates, (10) changes in investor, customer and policyholder behaviour, (11) changes in general competitive factors, (12) changes in laws and regulations and the interpretation and application thereof, (13) changes in the policies and actions of governments and/or regulatory authorities, (14) conclusions with regard to accounting assumptions and methodologies, (15) changes in ownership that could affect the future availability to us of net operating loss, net capital and built-in loss carry forwards, (16) changes in credit and financial strength ratings, (17) NN Group’s ability to achieve projected operational synergies, (18) catastrophes and terrorist-related events, (19) adverse developments in legal and other proceedings and (20) the other risks and uncertainties contained in recent public disclosures made by NN Group.

    Any forward-looking statements made by or on behalf of NN Group speak only as of the date they are made, and, NN Group assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

    This document does not constitute an offer to sell, or a solicitation of an offer to buy any securities.

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