APG announces that Eduard van Gelderen will step down as Chief Executive Officer (CEO) of APG Asset Management and member of the Board of APG Group per August 1st, 2017, to join the University of California’s Office of the Chief Investment Officer.
In 2010, Eduard started at APG Asset Management (APG AM) as Chief Investment Officer for Capital Markets Investments. In September 2014, he took over from Angelien Kemna as CEO of APG AM, simultaneously joining the Executive Board of APG Group.
Gerard van Olphen, Chief Executive Officer of APG Group: “With the departure of Eduard, we will lose a top investor and an excellent colleague. Under his management, APG AM has produced EURO 100 billion in returns for our pension funds and their participants. We understand the attractive challenges of this new role in the US and we wish him good luck.”
Bart Le Blanc, chairman of the APG Group Supervisory Board: “The Supervisory Board is grateful for Eduard’s efforts for APG in the past years. The international cooperation projects and internal innovation programs he has encouraged, will serve APG for a long time.”
In the period until August 1st, Eduard and the Board of APG Asset Management will safeguard a careful and thorough transition.