Dutch pensions provider AZL is to appoint Maarten van der Tuin as chief executive officer, as of 1 February.
He is to succeed Arther van der Wal, who has become director of pensions at insurer Nationale Nederlanden, AZL’s parent company since ING was forced by the European Commission to separate into insurance and banking businesses after receiving government support during the financial crisis.
Van der Tuin is currently director of pensions and a board member at MN, the €90bn asset manager and pensions provider for the large Dutch metal schemes PMT and PME.
AZL’s new chief executive has been working at MN since 2008, when he left insurer Amersfoortse Verzekeringen, where he was deputy director of pensions.
Michel van Elk, supervisory chair at AZL, described Van der Tuin as an “experienced leader”, citing his professional expertise and familiarity with pensions provision.
Van der Tuin said his move to AZL was a “logical continuation” of his career in pensions.
AZL is provider for 64 pension funds, with 1m participants in total.
It has offices in Heerlen and Utrecht.