Corporate Governance

APG subscribes to the indisputable importance of good governance, of making choices that are in the best interest of all our stakeholders, and of transparent thought processes and actions. In this respect, we always stay true to our vision and mission. We realize fully that this is what stakeholders expect from us. Our stakeholders are pension funds, employers, members, and beneficiaries. We, therefore, abide by the rules of good and responsible governance from the Dutch Corporate Governance Code as much as possible. We render account on our performance in this respect, as well as on our supervisory work to ensure compliance with this Code.


And we do all of this because we want to: we are under no obligation to adhere to the Corporate Governance Code, because APG is not a listed company. But we adhere to it nonetheless, because having a solid and transparent system of checks and balances is important when it comes to garnering confidence in organizations that operate in the financial industry. APG considers clarity and openness in supervision and accountability (see also the documents below) to be the cornerstones of good governance and business practices.

Meet our executive board

I want all those workers who serve our society day in day out to have a good and valuable pension when they retire.

Annette Mosman

Chairman of APG's Executive Board

We generate good investment returns in a responsible way, which leads to valuable pensions.

Ronald Wuijster

Member of APG's Executive Board, responsible for Asset Management

A good income for later is the difference between taking or not taking your grandchildren for an outing. That’s the real significance.

Francine van Dierendonck

Member of APG's Executive Board, responsible for Participant & Employer Services and Pension Fund Services

I think it's important to be able to contribute to a good pension in a liveable world in my work.

Maarten Blacquière

Member of APG's Executive Board, responsible for Finance and Risk (CFRO)

Meet our Supervisory Board

Peter Bommel

Chairman of the Supervisory Board

Dick van Well

Vice-chairman of the Supervisory Board

José Meijer

Member of the Supervisory Board

Sarah Russell

Member of the Supervisory Board

Constant Korthout

Member of the Supervisory Board

MiFID II Reporting


The revised EU Markets in Financial Instruments Directive 2014/65/EU (MiFID II) requires firms providing portfolio management, who execute decisions to deal on behalf of their client’s portfolio or place orders with other entities for execution, to summarise this and make it public on an annual basis for each class of financial instruments. This summary contains the top five execution venues where they executed client orders and the top five investment firms where they placed client orders for execution in terms of trading volumes in the preceding year and information on the quality of execution obtained.

The following information is published in accordance with the technical standards as set out in Commission Delegated Regulation EU/2017/576 (RTS 28) representing the provision of the portfolio management investment service towards professional clients during the 2022 calendar year.