The group has decided to reallocate present portfolios of Hans ten Cate as he retires on 1 July 2008.
Bert Heemskerk ahs been appointed to chair the Managing Board of Rabobank International (MBRI) as of 1 July.
He has extensive experience in international banking ─ he has worked in countries including Japan, Dubai, England and Germany and through working visits has acquired first-hand knowledge of all regions in which Rabobank International operates.
Changes in responsibilities for the other members of the Executive Board are relatively limited. Bert Bruggink will have special asset management (BBR) added to his portfolio of responsibilities.
Piet Moerland will be responsible for CSR issues.
The company says Sipko Schat will retain his current responsibilities within the MBRI and continue as Vice Chairman, while adding the supervisory directorship of YES Bank. There are no changes to the portfolio of Piet van Schijndel.
After retirement, Hans ten Cate will continue as Supervisory Director of Robeco (Vice Chairman), Rabo Bouwfonds (Chairman) and Rabobank Australia.
