In accordance with the retirement schedule, Mrs Asscher-Vonk and Mr Koopmans, MrTielen
and Mr De Bruijn were due to retire by rotation as members of the Supervisory Board in 2013.
On 20 June 2013, the General Meeting of Rabobank Nederland resolved to re-appoint
Mrs Asscher-Vonk to the Supervisory Board of Rabobank Nederland. Mr Koopmans, MrTielen
and Mr De Bruijn were not available for re-appointment.
MrTielen and Mr De Bruijn were appointed as members of the Supervisory Board of Rabobank
Nederland in 2002 and 2009 respectively. The Supervisory Board wishes to express its sincere
gratitude to both of them for their contribution to the Rabobank organisation during many
years as former member of the Local board of directors and member of the Supervisory Board
respectively of a local Rabobank and as Supervisory Board members of Rabobank Nederland,
members of the Cooperative Affairs Committee and chairman and member, respectively, of the
Appeals Committee of this Board.
Special gratitude is extended to Mr Koopmans who moved from the Board of Directors to
the Supervisory Board of Rabobank Nederland when the corporate governance structure
was changed in 2002. The Supervisory Board is very grateful to Mr Koopmans for his great
commitment to the Rabobank organisation and his valuable service as Chairman of the
Supervisory Board and Chairman of the Appointment Committee of this Board, and as technical
chairman of the Central Delegates Assembly and the General Meeting. Mr W. Dekker succeeded
him in the role of Chairman of the Supervisory Board of Rabobank Nederland on 20 June 2013.
In 2013 the Supervisory Board drew up a succession plan for the Board. This plan describes
the policy the Supervisory Board aims to be guided by in determining the current and future
composition of the Supervisory Board. The plan was based on external legislation and regulations,
guidelines and codes, such as the Suitability Policy Rule, and on internal preconditions such as
the profile of the Supervisory Board and the job profile for individual members of the Supervisory
Board. This was followed by an assessment of the areas of knowledge and experience and other
qualities and competences that are important in terms of the composition of the Supervisory
Board and an assessment of the extent to which the actual situation already matches that ideal.
Considering the core qualities of each member of the Supervisory Board in office in combination
with the schedule of rotation, the profile required by candidates for appointment to the
Supervisory Board in the next round(s) of appointment was identified. Succession planning is
naturally a continual and adaptable process. The areas of knowledge and experience and other
qualities and competences that are considered to be necessary to operate optimally as a collective
Supervisory Board will be assessed at the time of each appointment or reappointment.
Mr Van Dalen (profile: financial and economic expertise) and MrTeerlink (profile: international
merchant banking) were appointed as members of the Supervisory Board of Rabobank Nederland
in the extra General Meeting of 25 September 2013, on the basis of the succession plan.
The Supervisory Board as it is composed at present complies with principle III.2 Independence
of the Dutch corporate governance code.
Suitability requirements imposed by Dutch Central Bank
In mid-2012, the members of the Supervisory Board of Rabobank Nederland in office at that
time underwent a suitability assessment in accordance with the new requirements imposed
by the Dutch Central Bank (DNB). Based on its findings and the recommendations of the
Netherlands Authority for the Financial Markets (AFM), DNB issued a positive opinion on all
supervisory directors of Rabobank Nederland whose suitability was assessed. In April 2013,
representatives of DNB discussed the results of this assessment with the Supervisory Board.
This was followed in 2013 by the suitability assessments of Mr Van Dalen and MrTeerlink,
in respect of whom DNB likewise issued a positive opinion.
Annual Report 2013 Rabobank Group
