One of the most renowned names at Dutch insurance giant Aegon, Canadian Darryl Button, is to step down from his position as the company’s chief financial officer.
Announced today, Button will officially leave his role on December 01 this year having announced his intention to return to the United States with his family following four years in the Netherlands. Mr Button joined Aegon’s executive board back in May 2013 and described his decision as hard to make.
“This has been a difficult decision, but it is in the best interest of my family,” he said. “I’m grateful for having had the opportunity to contribute to the company’s strategic progress and I leave Aegon with a highly talented and reliable team in place.”
Button originally joined Aegon back in 1999, serving as its director of product development and risk management. Prior to that he was with Mutual Life Insurance Company in his native Canada and from 2008-2011 he was focused on Canadian operations as the chairman and executive manager of the company’s operations in his home country.
Speaking about his departure, CEO Alex Wynaendts spoke passionately about Button’s role in driving the company forward.
“We would like to thank Darryl for his many contributions to the company over the last 17 years, and in particular in his capacity as CFO,” he said.
“Darryl has been a driving force for many improvements while serving in various positions in our company. He played an instrumental role in ensuring that Aegon was fully prepared for the introduction of Solvency II. While we regret to see Darryl leave, we respect his decision and wish him every success in the future.”
A thorough process for selecting a new CFO is already under way.
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