NETHERLANDS - Ronald Gerritse has been appointed chairman at the Financial Markets Authority (AFM), which oversees communications at pension funds and insurers in the Netherlands.

Gerritse, an economist, is the highest civil servant at the finance department at present.

He has previously worked at the Ministry of Social Affairs, as well as the Social and Economic Council (SER), the advisory platform for the government.

George Möller, chairman of the supervisory board at the AFM, said: "Gerritse is excellently suited for the job - in particular for the next phase of supervision on fair and transparent financial markets."

Gerritse, who starts work on 1 May, will succeed Hans Hoogervorst, who has been appointed chairman of the International Accounting Standards Board (IASB), where he will take over for Sir David Tweedie.

In other news, the €266bn asset manager APG has appointed Ronald Wuijster as chief client officer and Marcel Prins as chief information and technology officer.

Wuijster will head up the new department of client management, but also remain managing director of the advice team for strategic asset allocation, APG said.

Prins has been managing director of international operations at ABN Amro, as well as head of operations and business operating officer at merchant bank Fortis Netherlands.

APG added that Ton Berendsen would step down as chief financial officer and chief operational officer at APG Asset Management on 1 April.

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