NETHERLANDS - The €242bn civil service scheme ABP has appointed Henk Brouwer as its new chairman.

Brouwer, 65, recently left Dutch pensions supervisor DNB, where he has been director since 1997.

During the past two years, he has been responsible for the supervision of banks and supervisory policy.

ABP said: "Brouwer has built up much experience, both in government jobs and at the supervisor. In addition, he has been responsible for the social policy at a large company. And as a crown member of the Social and Economic Council, he has a good view on the relations between the social partners."

Before Brouwer joined the DNB, he had been a senior civil servant at the Dutch Home Department, the ministry of social affairs and the Treasury.

He will take up his new position on 1 January 2012, succeeding Ed Nijpels, who resigned early last year, following continuing criticism about his role on the supervisory board of the collapsed DSB bank.