REG - NIBC Bank N.V. - Paulus de Wilt to leave NIBC on 31 December 2024

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08/03/2024 08:15

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RNS Number : 1401G  NIBC Bank N.V.  08 March 2024

 

 

The Hague, 3 March 2023

 

The Hague, 8 March 2024

 

Paulus de Wilt to leave NIBC on 31 December 2024

Paulus de Wilt, Chairman of the Managing Board and Chief Executive Officer
(CEO) of NIBC, will be leaving the bank on 31 December 2024. Paulus will
remain as Chairman and CEO throughout and will continue to focus on delivering
strong performance, working closely with the management team to ensure an
orderly transition.

 

During Paulus' tenure, NIBC has successfully delivered sustained improvements
in profitability and launched key new products and ventures, as well as
overseeing the bank's successful transformation into an entrepreneurial
asset-based financier with a focused business model.

 

"After leading the bank for 10 years, I believe it's the right time to pass on
the baton", explained Paulus. "I'm proud of what we have all achieved
together, and I feel this is now a natural transition point. By making this
decision now, the Supervisory Board will have ample time to arrange an
appropriate succession."

"Whilst we regret Paulus' decision to step down, the Supervisory Board accepts
his decision. We are pleased that he will remain as Chairman and CEO for the
coming months", stated Dick Sluimers, Chairman of NIBC's Supervisory Board.
"Under Paulus' leadership we have seen changes that have shaped NIBC into the
focused and entrepreneurial bank it is today. On behalf of the entire
Supervisory Board, I extend our heartfelt gratitude for Paulus' significant
contributions and leadership over the past decade. As Chairman, I would like
to thank him for his valued partnership through all these years. It was a
privilege to work with Paulus."

Qasim Abbas, Senior Managing Director, Blackstone Tactical Opportunities,
added, "Paulus has made a hugely important contribution to the growth of NIBC
over the past ten years and has been instrumental in positioning the bank
strongly for the future. On behalf of all at Blackstone, we thank him again
for everything he has helped us to achieve."

 

Further updates on the succession process will follow in due course.

 

Press and debt investor contacts NIBC

     Eveline van Wesemael

Press Relations
     T: +31 70 342 5412
     E: eveline.van.wesemael@nibc.com (mailto:eveline.van.wesemael@nibc.com)

     Toine Teulings

Debt Investor Relations
     T: +31 70 342 9836
     E: toine.teulings@nibc.com (mailto:toine.teulings@nibc.com)

About NIBC
NIBC is the entrepreneurial asset financier for companies and individuals. We
finance assets from private housing to rental property, commercial real
estate, vessels, infrastructure, cars and equipment. As a professional and
reliable partner, we build long-term relationships based on knowledge and
expertise.

Renowned for our entrepreneurial spirit, we are committed to always making a
difference, for our clients and for society around us. Shaped by more than 75
years of experience, we support our clients in realising their ambitions and
actively helping to build a sustainable, resilient and inclusive society for
future generations.

NIBC employs around 700 people and is headquartered in The Hague, the
Netherlands. We serve clients internationally with a focus on Europe.

You can read more about NIBC on www.nibc.com (http://www.nibc.com) /
www.nibc.nl (http://www.nibc.nl) .

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