Alex Otto will be combining his role as chief investment officer of Delta Lloyd Group with the position of chairman of Delta Lloyd Asset Management.
A H (Alex) Otto (50) will be combining his role as chief investment officer of Delta Lloyd Group with the position of chairman of Delta Lloyd Asset Management. Alex Otto succeeds J P (Jaco) Aardoom (50), who is retiring as chairman of Delta Lloyd Asset Management after eight years.
Jaco Aardoom has decided to take his career in a new direction after eight years as chairman of Delta Lloyd Asset Management. He will be leaving Delta Lloyd Group. Jaco has worked for a total of 22 years in the various asset management businesses of Delta Lloyd Group: first for OHRA and, after the merger between OHRA and Delta Lloyd, for Delta Lloyd Asset Management, where he was chairman of the management board from 2002.
Alex Otto (50) has been chief investment officer of Delta Lloyd Group since 2002. He has very wide experience as a fund manager and has worked for Delta Lloyd Asset Management since 1999. Alex Otto was involved from the start with Delta Lloyd's successful "participating interests" investment strategy, as applied in the Delta Lloyd Deelnemingen Fonds and the Delta Lloyd Europees Deelnemingen Fonds. As of 1 July he will be combining his responsibilities as chief investment officer with those of chairman of Delta Lloyd Asset Management.
Emiel Roozen, CFO of Delta Lloyd Group: "With the integration of Delta Lloyd and OHRA Asset Management and Property in recent years, Jaco Aardoom has ensured a strong foundation for the asset management franchise within Delta Lloyd Group. We are grateful to him for his contribution and wish him every success in his career. In Alex Otto we have a very experienced and successful chief investment officer, and as chairman of the management board he will be able to further build the development of Delta Lloyd Asset Management over the coming years."
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About Delta Lloyd Group
Delta Lloyd Group is a financial services provider offering life insurance, general insurance, fund management and banking products and services. Delta Lloyd Group's target markets are the Netherlands and Belgium. In the Netherlands it mainly operates under the brand names of Delta Lloyd, OHRA and ABN AMRO Insurance, in Belgium under the Delta Lloyd brand. Delta Lloyd Group employs 6,300 people and is listed on NYSE Euronext Amsterdam.