A selection and appointments committee, consisting of representatives of the shareholder and the Supervisory Board and presided over by Frank de Grave (chairman of the cooperative board, which is also the shareholder), followed a careful selection process.
De Grave says that the decision to appoint Else Bos is a logical one: "No-one is quite as at home with the financial world, the pensions sector, the PGGM stakeholders and the organisation itself as Else Bos. At times like these such continuity is particularly important, which is why we unanimously and proudly chose her. She will continue on the set course and take care of the interests of the current and future clients and members of PGGM in a professional manner".
Else Bos studied Econometrics in Rotterdam. Her previous jobs include various positions at ABN Amro and NIB Capital Asset Management. She joined PGGM in 2002, becoming Chief Executive Officer, Investments and joining the executive committee in 2004. Since January 2010, Else Bos has been Chief Institutional Business and deputy CEO, and she has been acting Chief Executive Officer since 5 November 2012.
With the appointment of Bos as CEO, the PGGM executive committee now consists of her, Paul Loven (CFO and deputy CEO),Bart Blanken (CMO), Eloy Lindeijer (CIM) and Harry Vossebeld (COO). There will be further discussion on how to fill the vacancy for Chief Institutional Business (CIB).
PGGM is a cooperative Dutch pension fund service provider. PGGM offers its institutional clients: pension fund management, comprehensive asset management, policy advice and management support. Currently – on behalf of five pension funds –PGGM manages slightly in excess of EUR 133 billion for 2.5 million people. As a co-operation with more than 578,000 members, PGGM is helping to achieve a valuable future. Either alone or with strategic partners, PGGM is developing innovative future provisions by linking together pensions, care, housing and work.