The Supervisory Board of KAS BANK N.V. is pleased to nominate Ms Petri H.M. Hofsté and Mr Peter J.C. Borgdorff as new supervisors at KAS BANK N.V. An Extraordinary General Meeting of Shareholders of KAS BANK will decide on the proposed appointment of Ms Hofsté and Mr Borgdorff later this year. KAS BANK’s Supervisory Board plans to appoint Mr Borgdorff as chairman of the Supervisory Board.
08 Oct 2014
Mr Borgdorff is director of PFZW (Pensioenfonds Zorg en Welzijn), one of Europe’s largest pension funds, with invested assets of over 150 billion euros. Mr Borgdorff was previously director of the Dutch Association of Industry-wide Pension Funds and has served in various positions at lobby organisations in the industry, the administrative sector and the bakery sector. Mr Borgdorff holds a number of ancillary positions, including those of chairman of the board at Eumedion, member of the board of Nibud and executive lecturer at Nijenrode Business University. Mr Borgdorff is a very familiar face in the Dutch pension world and was named ‘pension fund personality of the year’ in 2013.
Ms Hofsté and Mr Borgdorff are both Dutch nationals and hold no shares in KAS BANK. De Nederlandsche Bank has given approval for both appointments. With the appointment of these two candidates the Supervisory Board will comprise six people.