Corporate Governance In January 2016, Rabobank switched to a new governance structure. All local cooperative Rabobanks and Rabobank Nederland now operate as one cooperative bank with one banking license and one set offinancial statements. Although the new configuration has taken some getting used to, members of local and collective governance bodies have noted their overall satisfaction with the way the new regime is functioning in questionnaires taken over the past three years. During this time, the new structure has proven its value, strength and flexibility. The unique features of the member-based governance, however, have never changed. These include the bottom-up decision-making process, the associated focus on retail banking with its relatively stable income streams and retained earnings as the primary source of capital building. These features have safeguarded Rabobank's special position in the financial sector, its long-standing focus on servicing the real economy and last, but not least, its ambition to contribute to the sustainable development of local communities. Rabobank organization chart Rabobank General Members'Council Supervisory Board Managing Board About this Report Chairman's Foreword Corporate Management Report Appendices Governance Consolidated Financial Company Financial Statements Statements Domestic Retail Banking - local Rabobanks Retail clients Mariëlle Lichtenberg Business clients Kirsten Konst Subsidiaries, among others Wholesale, Rural Retail Wholesale Rural Retail international Jan van Berry Nieuwenhuizen Marttin CEO and Support units CEO CFO CRO Petra van Wiebe Draijer Bas Brouwers Hoeken CI00 CDTO CHRO leko Sevinga Bart Leurs JanineVos Annual Report 2018 - Corporate Governance

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Annual Reports Rabobank | 2018 | | pagina 100