NN Group NV CEO Lard Friese will leave the Dutch insurer to join Aegon NV in 2020.
Friese will join Aegon as CEO-designate on March 1, 2020, and the supervisory board will propose his appointment as CEO at the May 15, 2020, annual general meeting.
Friese replaces Alex Wynaendts, who became Aegon's CEO in 2008. Wynaendts will remain available as an adviser to the company until Sept. 30, 2020.
At NN Group, David Knibbe will succeed the outgoing Friese effective Oct. 1, subject to Dutch central bank approval. Knibbe is the CEO of NN Netherlands.