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Feb 19, 2009, 9:10 GMT

Dutch ABN Amro/Fortis Bank presents new management board

Amsterdam - Dutch ABN Amro/Fortis bank's new management board was presented by its chairman Gerrit Zalm to the media on Thursday. Three of the seven new members originate from ABN Amro: Chris Vogelzang, Wietze Reehoorn and Johan van Hall. Jan van Rutte from Fortis was appointed financial director and deputy chairman. The other two members are Joop Wijn, former top manager at Rabobank, and Caroline Prince from the Royal Bank of Scotland. The new board will be responsible for the integration of ABN Amro and the Dutch division of Fortis Bank. They are due to continue under a single brand, ABN Amro, currently the larger of the two banks. On September 29, the Dutch government nationalized the two banks, formerly part of the Belgian-Dutch bank and insurer Fortis NV.

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