Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements
Cooperative A ffairs Committee of the Supervisory Board
General responsibilities and duties
The Cooperative Affairs Committee advises the Supervisory Board on all matters regarding Rabobank's cooperative structure, organisation and identity.The Committee
uses the sustainability targets formulated by the business units to assess the Managing Board's reports on sustainability in Rabobank Group and its sustainability
ambitions, vision and strategy.
Facts figures
Members on 31 December 2017 Other attendees throughout the year
Arian Kamp, chair (100%) Regular attendees:
Irene Asscher-Vonk (100%) WiebeDraijer
Petri Hofsté (75%) Berry Marttin
Ron Teerlink (100%) Head of the Cooperative Governance department, Dirk Duijzer
Marjan Trompetter (100%) Head of Sustainability, Bas Rüter
On occasion:
Other members of the Supervisory Board
Other members of the Managing Board
Erik Saris (on non-financial KPIs)
Meetings
During 2017 the CAC had three regular meetings and one extra meeting.
The attendance was 95%.
Topics
The CAC deliberated with the Managing Board on the Mission of Rabobank ('Growing a better world together'), elements of the dual strategy Banking for Food and
Banking for the Netherlands (e. g. developments in the Dutch Food Agri market), the evaluation of the governance structure, local banking in the future, and the
positioning of Rabobank as a meaningful cooperative. The CAC also discussed sustainability and other non-financial KPIs (with PwC).
Appointments Committee of the Supervisory Board
General responsibilities and duties
The Appointments Committee helps the Supervisory Board prepare for its decision-making in relation to the composition of, and (re)appointments to, the Supervisory
Board, the Managing Board and higher senior management positions.
Facts figures
Memberson31 December 2017
Other attendees throughout the year
Regular attendees:
Wiebe Draijer
JanineVos
On occasion:
HR professionals involved with specific topics on the agenda.
Marjan Trompetter, chair (100%)
Irene Asscher-Vonk (100%)
Leo Degle (80%)
Ron Teerlink (80%)
Pa sea I Visée (100%)
Meetings
There were five regular meetings and two extra meetings with over 90% attendance.
Topics
Regular topics of discussion
In general, the Appointments Committee extends advice on personnel changes in the Supervisory Board and the Managing Board based on the respective boards'
succession plans and outline profiles. The Committee also advises the Supervisory Board on the approval of different (Rabobank and affiliate) senior management
appointments.
The onboarding from a learning perspective of the new Managing Board members, has been addressed by the Appointments Committee and it paid attention to the
additional positions and roles of the Managing Board members inside and outside Rabobank.
As part of talent management and in the context of searching for and assessing
potential candidates for the Supervisory and the Managing Board, the Appointments Committee explicitly addressed the subject of (gender) diversity.
Special topics
During 2017, the activities of the Appointments Committee were largely driven by two items: changes in the structure and composition of the Managing Board
(see above) and the implications of the EBA Guidelines on Suitability (outline profiles, succession matrix, continuous education, etc.
The Appointments Committee also prepared the re-appointment of Berry Marttin and the proposed reappointment of Jan van Nieuwenhuizen (2018) as Managing
Board members, and of Irene Asscher-Vonk and Ron Teerlink as Supervisory Board members.
Leo Graafsma's current term in the Supervisory Board will end in April 2018. He does not aspire to reappointment and will therefore end his membership after eight
years and two terms. This decision has led the Appointments Committee to review the outline profile of the Supervisory Board and to draff specific profiles for the
upcoming vacancy in the Supervisory Board. At the end of 2017 the Supervisory Board asked the Managing Board, the Works Council and theGMC to recommend
potential candidates matching the profile(s).
Rabobank Annual Report 2017 - Corporate governance
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