Aegon Establishes Its Future Headquarters in New York and Appoints Will Fuller as President
Aegon announces a reorganization of its executive team and the selection of New York as the future headquarters of the holding company. Will Fuller will be appointed President and Chief Operating Officer (COO) effective January 1, 2027, overseeing daily operations while CEO Lard Friese focuses on the group's strategy.
Will Fuller to Lead Operations Starting January 2027
Will Fuller, currently in charge of Transamerica since joining Aegon in March 2021, will assume the position of President and COO of the group starting January 1, 2027. In this role, he will oversee the day-to-day management of Transamerica, the group's international activities, and Aegon Asset Management. He will report to CEO Lard Friese, who retains overall responsibility for the group's strategy and performance. Prior to his appointment at Aegon, Fuller held senior leadership positions at Lincoln Financial Group and Merrill Lynch, where he notably led global wealth management with international responsibilities in asset management and insurance solutions.
New York Selected for Corporate Headquarters, Opening Scheduled for Mid-2027
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Aegon has chosen New York City as the location for its future corporate headquarters, expected to open in the second quarter of 2027. This office will host selected corporate functions and members of the executive team. CEO Lard Friese will relocate to the United States at the beginning of 2027 to support this relocation. This establishment in New York marks a further step in Aegon's transformation and strengthens its ambition to become a true American company, following the announcement of its intention to transfer its legal headquarters to the United States.
On track to meet or exceed all Group financial ambitions for 2026
Risks mentioned
Changes in general economic and/or governmental conditions, particularly in Bermuda, the United States, the United Kingdom and in relation to Aegon's shareholding in ASR Nederland N.V., and Aegon's asset management business, the Netherlands
Civil unrest, (geo-)political tensions, military action or other instability in countries or geographic regions that affect our operations or that affect global markets
Changes in the performance of financial markets, including emerging markets, such as the frequency and severity of defaults by issuers in Aegon's fixed income investment portfolios
Opportunities identified
Transamerica delivered strong commercial growth with Individual Life sales growing by 54%, fueled by growth in the instant decision market and World Financial Group now exceeding 100,000 agents
Aegon Asset Management benefited from third-party net flows and positive market developments with international businesses continuing to grow, led by Brazil
Operating capital generation grew by 27% to EUR 416 million in the first half of 2026, enabling strong free cash flow generation
Outlook / guidance
Management commentary: On track to meet or exceed all Group financial ambitions for 2026
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.