Aegon: Chief Financial Officer Duncan Russell to Step Down in April 2027
The departure of the chief financial officer is part of Aegon's plan to relocate its headquarters and statutory seat to the United States. The group has launched a search for a successor.
Duncan Russell to Step Down as Chief Financial Officer in April 2027
Aegon announced on August 20, 2026, that it had agreed with Duncan Russell that he would step down from his position as Chief Financial Officer and leave the company in April 2027. This decision is linked to the group's plan to relocate its headquarters and statutory seat to the United States. Aegon indicated that it has initiated a search to find a successor.
Statements from the Chief Executive Officer and Chief Financial Officer
Aegon's Chief Executive Officer, Lard Friese, stated: "Duncan has made an invaluable contribution to Aegon's transformation, strengthening our financial foundations and positioning the company for long-term success. He has also been a trusted advisor to me personally, and I have greatly appreciated his insights and partnership. On behalf of the Board and all our colleagues, I wish to thank him for his leadership and dedication." Duncan Russell for his part indicated that he remains "fully committed to supporting an orderly transition" and expressed confidence in the company's future. Aegon specified that it would provide further information in due course.
