AEGON's Supervisory Board oversees the management of the Executive Board, as well as the overall course of the company's business and corporate strategy, taking into account the interests of AEGON's stakeholders. The Supervisory Board consists of the following members:
Dudley G. Eustace (Chairman of the Supervisory Board)
Irving W. Bailey II
Robert J. Routs
Antony Burgmans
Arthur W. H. Docters van Leeuwen
Cecelia Kempler
Shemaya Levy
Karla M. H. Peijs
Kornelis J. Storm
Ben van der Veer
Dirk P. M. Verbeek
Leo M. van Wijk
Mr. Eustace was due to retire in April 2009, but his term of office was extended for a further year, following approval from AEGON's General Meeting of Shareholders. Mr. Eustace will now retire at the company's shareholders' meeting scheduled for April 2010. He will be succeeded as Chairman of the Supervisory Board by Mr. Routs, a former executive at Royal Dutch Shell plc.
All members of the Supervisory Board may be considered independent, under the definition used in the Dutch Corporate Governance Code, with the exception of Mr. Storm, who previously served as Chairman of AEGON's Executive Board.
For biographies of members of AEGON's Executive and Supervisory Board, please click here.
In early 2010, Marco Keim, the Management Board member responsible for sustainability, presented AEGON's strategy and policies in this area to the company's Supervisory Board, in line with recent changes to the Dutch Corporate Governance Code. In the future, AEGON expects the Supervisory Board to take a greater role in monitoring and approving the company's sustainability strategy and policies.