Securities and Exchange Commission
Washington, D.C. 20549
Form6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d/16 of
the Securities Exchange Act of 1934
September 2019
Aegon N.V.
Aegonplein 50
2591 TV THE HAGUE
The Netherlands
Aegon’s press release, dated September 23, 2019, is included as appendix and incorporated herein by reference.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Aegon N.V. | ||
| ---------------------------------------------------------- | ||
| (Registrant) | ||
| Date: September 23, 2019 | By /s/ J.O. van Klinken | |
| ----------------------------------------------------------- | ||
| J.O. van Klinken | ||
| Executive Vice President and | ||
| General Counsel | ||
The Hague – September 23, 2019
Aegon establishes international division and intends to appoint Maarten Edixhoven to its Management Board
Aegon will bring together its activities in Southern and Eastern Europe and Asia under Aegon International. The company also intends to appoint Maarten Edixhoven to its Management Board.
At the beginning of 2019, Aegon introduced three distinct strategic categories to group its businesses:Manage for Value,Drive for Growth andScale up for the Future. The vast majority of Aegon’s investments are being directed toDrive for Growth businesses, which are at the core of the strategy as they drive future capital generation.Scale up for the Future businesses are aiming at capturing meaningful new opportunities.
All units within the Asian and Southern and Eastern European regions are positioned in theDrive for Growth andScale up for the Future categories. A natural next step is a change in the way the group is organized.
Aegon International will be established on January 1, 2020. The objective of the new division is to accelerate growth and further leverage cross-border synergies by developing new business models and realizing operational efficiencies.Aegon International will consolidate the management of the activities in Southern and Eastern Europe and Asia and will be led by Marco Keim who is currently heading Aegon’s activities in Continental Europe.
As part of these changes, Maarten Edixhoven, CEO of Aegon the Netherlands will report directly to Aegon CEO Alex Wynaendts and will be appointed to the Management Board, subject to regulatory approval.
The role of CEO of Aegon Asia will cease to exist. Andrew Byrne, the current CEO of Aegon Asia, will leave the company as per January 1, 2020.
Alex Wynaendts: “Under Andrew’s leadership over the last three years, we have successfully restructured our Asian business and improved its financial performance. Our Asian business is now ready for a new stage of growth. I would like to thank Andrew for his significant contribution.”
About Aegon
Aegon’s roots go back 175 years – to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in more than 20 countries in the Americas, Europe and Asia. Today, Aegon is one of the world’s leading financial services organizations, providing life insurance, pensions and asset management. Aegon’s purpose is to help people achieve a lifetime of financial security. More information onaegon.com.
| Contacts | ||||
| Media relations | Investor relations | |||
| Dick Schiethart | Jan Willem Weidema | |||
| +31(0) 70 344 8821 | +31(0) 70 344 8028 | |||
| dick.schiethart@aegon.com | janwillem.weidema@aegon.com | |||