After a long career at PwC, former accountant Robert Swaak’s move to ABN AMRO turned out to be much shorter-lived.
The bank’s CEO will step down in the first half of next year, ABN AMRO has announced. The bank is not saying why Swaak is leaving. No successor has been found yet.
Reappointment
Swaak has been the bank’s head since April 2020 and was reappointed last April. “When I was asked for a second term as CEO last year, I took into account the possibility that I would make room for a successor at a suitable time before the end of the term,” says Swaak. “Now that the bank is entering a new strategic period, the supervisory board must be given the space to find one in good time,” says Swaak. “I have led ABN AMRO with great dedication and pleasure in recent years. It goes without saying that I will continue to fully commit myself to the bank, our customers, investors, my colleagues and other stakeholders in the coming period – until a successor has been appointed.”
Accountancy
Swaak became CEO of ABN AMRO after a long-term position at PwC, where he was chairman of the board of directors from 2008 to 2013. He joined the accounting firm in 1988 after studying business administration in Rotterdam. In 1994, he became a registered accountant. A return to accountancy does not seem obvious. Swaak decided to deregister from the register as of 31 May 2023.
