Global Talent Management

Understanding and developing talent is critical to AEGON's future success. Much of the responsibility for this lies with AEGON's individual business and operating units. In 2008 however, the company launched a Global Talent Management project to formulate a more coordinated, company-wide approach to this issue. The overall aim of the project is to develop leadership potential within the company and further enhance AEGON's reputation as an employer of choice.

AEGON's Global Talent Management project has three main objectives:

1.  To ensure that AEGON realizes its full potential as a global company by identifying, managing and rewarding its leading talent on an international basis

2.  To ensure that AEGON has the depth of talent with the right skills, competencies and experience to support the company's current and future strategy

3.  To use the quality of AEGON's management as a competitive advantage.

In addition to the Global Talent Management project, AEGON has a number of programs in place to encourage leadership potential within the company. AEGON University has been in existence now for 15 years. The program takes in talented AEGON employees from around the world and gives them the opportunity to share knowledge and experience, as well as to learn more about the company, its businesses and its strategy. The work of AEGON University is supported by other programs, including the AEGON Americas and AEGON Asia Leadership Academies. AEGON also has an organization called Young AEGON, a network of employees designed to share information and best practice.

In 2010, AEGON will introduce a Global Assignment Policy covering employees temporarily working outside their home countries. This policy is part of wider efforts to manage AEGON as one, international company, and is aimed at encouraging greater mobility within the AEGON workforce and a more effective distribution of talent and experience within the company. The Global Assignment Policy contains principles aimed at ensuring employees are able to maintain rights and benefits in their home countries while on assignment overseas.