PGGM hires institutional chief for client push

The Dutch pension fund manager predicts further consolidation as it brings in a new institutional head from Aegon

PGGM, a leading Dutch pension fund management organisation, has predicted further consolidation in the Dutch pension fund market as it appoints a new institutional chief.

The firm has appointed Jeroen de Munnik, formerly responsible for the entire pension business of life insurance firm Aegon, as its chief of institutional business, a role formerly held by recently-appointed chief executive Else Bos.

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