Robeco appoints Michael Gower to supervisory board

Michael GowerMichael E Gower has been appointed to the supervisory board of Netherlands based asset manager, Robeco.

Gower is currently treasurer at Rabobank Group, the Dutch multinational banking and financial services company.

Gower succeeds Bert Bruggink, who has resigned as member of the supervisory board. The board operates a rotation schedule in which a number of supervisory directors resign each year and within four years of being appointed. Resigning directors can be reappointed.

The board will now have the following members: Dick Verbeek (chairman), Arjen Dorland, Sjoerd Eisma, Michael Gower, Makoto Inoue, Jeroen Kremers, Yoshihiko Miyauchi, Jan Nooitgedagt and Alan Rubenstein.

The supervisory board advises the firm's management board, which develops and executes Robeco's strategy. Existing board members Miyauchi and Inoue are both representatives from Japanese financial services group, Orix Corporation, a shareholder of Robeco.

Robeco Group is based in Rotterdam and operates as a subsidiary of Orix Corporation. It has €246 billion in assets under management, as at December 31, 2014.

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