NETHERLANDS- The board of the Dutch Association of Industry-wide Pension funds has appointed Peter Borgdorff as a replacement to previous director Frans Prins.

Borgdorff joins on Monday from De Unie, the trade-union for industry and service, where he was in charge of the regional organisation.

In May Prins announced he was standing down as director of the Dutch association of industry-wide pension funds after five years in the job to take up a directorship at the Bedrijfspensioenfonds voor de Metaal en Technische Bedrijfstakken, the e17.7bn industry-wide fund for metal and technical sectors.

Deputy director Karin Bitter has stood in since June when Prins left but she made it clear at the time that she didn’t want the job on a full time basis.