Robeco Group announced the departure of Roderick Munsters, who will resign as Chief Executive Officer and member of the Management Board. Mr. Munsters will leave once a smooth handover to his successor has been completed.
Roderick Munsters, said: “Two years after the acquisition by our new shareholder, Robeco is in good shape with a solid financial performance and a strong long-term strategy. This is therefore a natural moment for me to hand over my responsibilities to new leadership. Although I will stay with the company for a few more months to ensure a seamless transition, I would like to take this opportunity to thank all my colleagues for six successful years of working together to achieve great results for our clients.”
Dick Verbeek, Chairman of the Supervisory Board, said: “We are grateful to Roderick for his commitment to Robeco as our CEO over the past six years and his contribution to the development of the company, including the successful transition process following the acquisition of a majority stake in Robeco by ORIX. We wish him every success in pursuing his professional ambitions.”
Makoto Inoue, President and Chief Executive Officer of ORIX Corporation and member of Robeco’s Supervisory Board, said: “I want to thank Roderick for his contribution and the commitment he has shown in leading Robeco. Under his leadership the company has shown strong results and he has built a solid foundation for Robeco’s future growth.”
The Supervisory Board, working in close cooperation with Robeco’s shareholders, will name a successor for Mr. Munsters in the near future. An official announcement will be made once this process, including obtaining all necessary regulatory approvals, is completed.
