Aegon Appoints Marco Keim to the Supervisory Board of a.s.r., Holding a 24% Strategic Stake
Aegon has announced the appointment of Marco Keim, Executive Director of its international business and member of the executive committee, to the supervisory board of Dutch insurer a.s.r. This appointment follows the departure of Lard Friese, CEO of Aegon, from the same board.
Marco Keim, currently CEO of Aegon's international branch and a member of the group's executive committee, has been designated to succeed Lard Friese as a non-independent member of a.s.r.'s supervisory board. Aegon holds a strategic stake of approximately 24% in the Dutch insurer. The departure of Lard Friese from this board was announced on December 10, 2025, to allow the CEO of Aegon to focus on relocating the company's headquarters and legal base to the United States.
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The proposal to appoint Marco Keim will be put to a vote at a.s.r.'s annual general meeting scheduled for May 20, 2026. Subject to shareholder approval, Marco Keim will assume his role on the supervisory board of a.s.r. from the close of the general meeting until July 4, 2028, in accordance with the relationship agreement between Aegon and a.s.r. Marco Keim joined Aegon in 2008 as CEO of Aegon Netherlands. Previously, he led Zwitserleven and held various senior management positions in marketing within the insurance sector and other industries. He has also held various supervisory roles.
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.
