Robeco appoints new CEO

Following the resignation of Roderick Munsters earlier this month, Robeco Group has now announced the appointment of David Steyn as CEO and chairman of the Management Board as of 1 November, subject to regulatory approval.

Steyn joins Robeco from Aberdeen Asset Management, where he was responsible for the group strategy, prior to that, he worked among others as and chief operating officer and head of distribution at AllianceBernstein LP.

Steyn comments on his appointment: “I am honored to be given the opportunity to become part of an asset manager with such a strong heritage and reputation. I am looking forward to building Robeco further on a continuing path of excellence, meeting the evolving needs of clients around the world.”

Dick Verbeek, chairman of the Supervisory Board adds: “The Supervisory Board has given positive advice to the shareholders, because we believe that David is an excellent candidate for CEO of Robeco to continue the growth path. I’m confident that we can count on David’s long and proven track record in asset management to lead Robeco and benefit from the opportunities that will arise in the global asset management market in the years to come.

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