David Steyn takes CEO role as Roderick Munsters leaves Robeco

Roderick MunstersDavid Steyn, previously of Aberdeen Asset Management, has been appointed as chief executive officer and chairman of the management board of Robeco Group, following the announcement that Roderick Munsters (pictured) will resign from the role after six years at the firm. Commenting on the move, Munsters says: “Two years after the acquisition by our new shareholder, Robeco is in good shape with a solid financial performance and a strong long-term strategy. This is therefore a natural moment for me to hand over my responsibilities to new leadership.” As his successor, Steyn has over 35 years of international experience in asset management, in management, distribution and investment roles. He was previously in charge of strategy at Aberdeen Asset Management and chief operating officer and head of distribution at AllianceBernstein, based in London and New York. Steyn’s appointment is subject to formal approval by the relevant Dutch authorities. Once regulatory approval has been obtained, the firm says he will work closely with Munsters to ensure a smooth transition. In June, Munsters spoke to Funds Europe about Robeco Group’s plans to open a UK office. ©2015 funds europe

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