People Moves

International Private Banking Chief Departs ABN AMRO

Tom Burroughes Group Editor London 10 July 2017

International Private Banking Chief Departs ABN AMRO

A senior figure in private banking is departing the Netherlands-headquartered organisation.

Jeroen Rijpkema, who has been chief executive of ABN AMRO Private Banking International for over seven years, is stepping down amid a number of changes by the Netherlands-headquartered lender.

The executive is to leave the bank at the end of the year and has handed his responsibilities to Pieter van Mierlo, whose appointment as CEO for private banking was announced earlier this year.

The change comes at the end of a period of signficant change at the firm. ABN AMRO has completed the spin-off its Asia and Middle East private banking activities, switching to more of a focus on domestic Northwest Europe. ABN AMRO's private bank in Asia was sold to LGT, the Liechtenstein-headquartered group; that deal was completed in May this year.

This news service interviewed Rijpkema in February this year. At the time, he said the bank was focusing more on its core markets in Europe. (To see that story, click here.)

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