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Prins leaves VB for metal fund

NETHERLANDS- Frans Prins is standing down as director of the Dutch association of industry-wide pension funds and taking up a directorship at the Bedrijfspensioenfonds voor de Metaal en Technische Bedrijfstakken, the industry-wide fund for metal and technical sectors.

Prins has been with the VB for five years and when he leaves at the beginning of June his post will be temporarily filled by deputy director Karin Bitter.

Bitter has said she does not want the directorship of the association and it is looking for a full time replacement to Prins. A spokeswoman for the VB says it is advertising for a new director and hopes to name a successor by October.

Prins was unavailable for comment.

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