The supervisory board of Rabobank will introduce a new top management structure effective Sept. 1.
A new 10-member managing board will take over the functions of the executive board. It will be headed by Wiebe Draijer, the current chairman of the executive board, and will also include CFO Bas Brouwers and Chief Risk Officer Petra van Hoeken.
Ieko Sevinga will serve as COO and chief information officer, with current COO Ralf Dekker to leave the bank. Also departing is Rien Nagel, whose executive board responsibilities include cooperative and governance, retail and private banking and businesses in the Netherlands.
Both will remain available for a transition period to transfer their responsibilities.
The managing board will also have four directors for key customer segments — retail and commercial banking in the Netherlands, wholesale clients and rural and retail international worldwide — as well as a digital transformation officer and a representative from human resources.
Jan van Nieuwenhuizen, who is the executive board member for Dutch and international wholesale banking and commercial real estate, will be in charge of wholesale clients on the new managing board. Berry Marttin will be responsible for rural and retail international, similar to his current executive board role.
Also serving on the management board will be Bart Leurs as digital transformation officer, responsible for digitization of service provision, innovation and fintech across the group; Chief Human Resources Officer Janine Vos; Mariëlle Lichtenberg for retail banking; and Kirsten Konst for commercial banking.
The restructuring is in line with the bank's strategic focus on "digitalization, innovation and human resources," Draijer said. Outside the Netherlands, the bank will increase its focus on "growth potential" in rural banking and continue with food and agriculture, with an eye on retaining its position in the food and agriculture chain for its wholesale clients.