Reinout van Riel nominated as Chief Risk Officer NIBC

Press Release -

The Supervisory Board has nominated Reinout van Riel (46) as Chief Risk Officer and member of the Managing Board of NIBC. The nomination has received positive advice from the Employees’ Council and will be submitted to the Dutch Central Bank for regulatory review. Further announcements will be made as soon as the required approval processes are completed.

Reinout van Riel has served as Chief Portfolio Officer and as a Member of the Board at Propertize since July 2013. As Chief Portfolio Officer, he was responsible for all the business assets of Propertize which are handled in the departments such as Loan Management, Restructuring & Recovery, Asset Management and Contract & Business Support. Prior to Propertize, he held several national and international positions at ABN AMRO and Royal Bank of Scotland.

Wim van den Goorbergh, Chairman of the Supervisory Board of NIBC
"Reinout van Riel has a broad experience that will add to NIBC’s Managing Board. We believe his experience in risk management, corporate banking and most recently at Propertize provides the relevant background for this position. We look forward to work with Reinout van Riel to further grow the bank as a financially healthy and client-focused organisation with an adequate risk framework."

Paulus de Wilt, Chief Executive Officer of NIBC
“We are very pleased with the proposed appointment of Reinout van Riel. I believe he will be a great asset for our team with all the relevant experience he will bring to NIBC. The Managing Board is looking forward to our future cooperation.”

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