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Delta Lloyd names managing director for life biz

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Delta Lloyd names managing director for life biz

Delta LloydNV named Gerard van Rooijen managing director of its life insurancebusiness, effective May 15.

Van Rooijen, who serves as Delta Lloyd's director of incomeand absenteeism, replaces Leon van Riet, who became a member of Delta Lloyd'sexecutive board as ofMarch 1. Van Rooijen will have ultimate responsibility for Delta Lloyd's pensionand life insurance products.

Van Riet will be formally appointed to the company'sexecutive board after the May 19 general shareholder meeting. Van Rooijen's duties as director of income andabsenteeism will be carried out by members of the general insurance managementteam until a replacement is named.