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Aegon to form international division

Dutch insurer Aegon NV will establish Aegon International on Jan. 1, 2020.

Aegon International will consolidate the management of the company's activities in Southern and Eastern Europe and Asia. It will be led by Marco Keim, head of Aegon's activities in Continental Europe.

Maarten Edixhoven, CEO of Aegon the Netherlands, will be appointed to the management board, subject to regulatory approval. The role of CEO of Aegon Asia will be eliminated, and Andrew Byrne, the holder of that position, will leave the company Jan. 1, 2020.