After 4,5 years as Chief Investment Officer (CIO) at APG Asset Management, Peter Branner will leave APG at the end of April. He will take up a new challenge at Aberdeen Investment Management in London on May 1. Since his appointment in 2018, Branner has been responsible for investment management activities and optimizing responsible and long-term returns. APG opts for an internal solution for Peter’s succession.
Ronald Wuijster, member of the APG Executive Board and CEO of APG Asset Management: "Since Peter's appointment 4,5 years ago APG has been able to both strengthen the in-house team of highly professional investment managers and reduce the amount of externally managed assets according to plan. As a result, Asset Management has doubled to now more than 400 investment professionals. I thank Peter for his tremendous contribution to this growth, his sharp analysis, performance, and collegiality, and I wish him every success at Aberdeen Investment Management."
After Peter's departure, the position of CIO will be further strengthened and split into a CIO Capital Markets and a CIO Private Investments. These positions will be filled, for now on an interim basis and pending AFM approval, by Herman Slooijer (Capital Markets) and Patrick Kanters (Private Investments), who will thus become part of the management board of APG AM. Ronald Wuijster will take on board some reporting lines.
The move to his new position is logical for Branner: "I am moving back to London later this spring to take on a new challenge at Aberdeen Investment Management. I look back on a wonderful and intensive time at APG Asset Management. As CIO, I have seen the organization grow significantly and professionalize further. I felt privileged to have been able to work here as CIO, together with a great team. I am confidently handing over my position to my two successors."
Ronald Wuijster: "I am very proud we can fulfill Peter's succession internally, for now on an interim basis. This does justice to our talent and the qualities of my colleagues and enables us to take the next step for our customers."