NETHERLANDS – Ronald Nagel, former head of institutional sales at ABN Amro Asset Management, has joined Vanguard Investments.

Vanguard said Nagel would be involved in serving current and prospective institutional clients (pension funds and financial institutions), working from its new representative office in Amsterdam.

“We just began occupying the Amsterdam office earlier this month, although the formal dedication will occur next year,” said spokesman Brian Mattes.

“He is the third member of our Dutch team, and we are in the processing of recruiting a fourth member.”

ABN Amro said Nagel has been replaced by Sybren de Vries.