Wednesday 15 July 2020

ABN Amro chief executive won’t serve second term, steps down next year


ABN Amro chief executive Kees van Dijhuizen is stepping down in April next year after two years in the job.

Van Dijkhuizen replaced former finance minister Gerrit Zalm in 2017 after serving four years as chief financial officer, following a career in the civil service and then the private sector.

‘I’m fully committed to further accelerating the bank’s strategy… together with our employees and clients in the months ahead, after which I will be able to pass on the torch in full confidence,’ Van Dijkhuizen, 63, said in a statement.

The bank, which is still partly in Dutch state hands, is now beginning the process of finding a successor ‘in a timely and orderly manner’, the statement said.

A year ago, the Financieele Dagblad reported that senior managers at ABN Amro had taken the ‘unprecedented step‘ of warning  Dutch banking sector watchdogs DNB (the central bank) and AF, about a crisis of confidence at the top.

The concerns of the managers centred around former supervisory board chairman Olga Zoutendijk, who has since resigned, but they also claimed Dijkhuizen was ‘practically invisible’.

Thank you for donating to

The team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments. has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.