David Knibbe - NN Group Chairman

NN Stock  EUR 44.81  0.17  0.38%   

Chairman

Mr. David M. Knibbe was Member of the Management Board and Chief Executive Officer Netherlands at NN Group NV since September 1, 2014. He was Member of the Management Board since July 7, 2014. From January 1, 2011 until September 1, 2014, he served as Chief Executive Officer of ING Insurance Europe. In his role as chief executive officer Netherlands Insurance, Mr. Knibbe is responsible for NN Groups insurance and banking business in the Netherlands and is leading the integration of NN and Delta Lloyd. During 2010, he was CEO Insurance Corporationrationrate Clients in the Netherlands. From 2010 to 2011, Mr. Knibbe was general manager of Insurance Corporationrationrate Clients in the Netherlands. From 2007 to 2008, Mr. Knibbe was general manager of NationaleNederlanden Individual Life, which then became Intermediary Pensions and Retail Life with the addition of the SME pensions business in 2008. In 2009, Mr. Knibbe became general manager Pensions with the addition of corporate pensions and removal of retail life from his area of responsibility. Prior to that, from 2004 to 2007, Mr. Knibbe was director Income Insurances of NationaleNederlanden. From 2002 to 2004, he was managing director of INGs life insurance and employee benefits joint venture with Piraeus Bank in Greece. Mr. Knibbe was head of Investments of Central Holland of ING Bank from 2000 to 2002. Mr. Knibbe started his professional career in 1997 when he joined ING, serving in various positions in investment management and banking. Mr. Knibbe has a degree in Monetary Economics from the Erasmus University in Rotterdam . Besides being a member of the Management Board Mr. Knibbe is chair of the board of the Dutch Association of Insurers, member of the board and secretary of the Confederation of Netherlands Industry and Employers and member of the board of the Johan Cruyff Foundation. since 2019.
Age 52
Tenure 5 years
Phone31 70 513 0303
Webhttps://www.nn-group.com

NN Group Management Efficiency

NN Group's management efficiency ratios could be used to measure how well NN Group manages its routine affairs as well as how well it operates its assets and liabilities.
NN Group NV has accumulated 11.95 B in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. NN Group NV has a current ratio of 1.01, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist NN Group until it has trouble settling it off, either with new capital or with free cash flow. So, NN Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NN Group NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NN Group to invest in growth at high rates of return. When we think about NN Group's use of debt, we should always consider it together with cash and equity.

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NN Group N.V., a financial services company, primarily provides life insurance products in the Netherlands, rest of Europe, the United States, the United Kingdom, Asia, and internationally. NN Group N.V. was incorporated in 2011 and is headquartered in The Hague, the Netherlands. NN GROUP operates under Insurance - Life And Health classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 11792 people. NN Group NV (NN) is traded on Euronext Amsterdam in Netherlands and employs 11,871 people.

Management Performance

NN Group NV Leadership Team

Elected by the shareholders, the NN Group's board of directors comprises two types of representatives: NN Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NN Group. The board's role is to monitor NN Group's management team and ensure that shareholders' interests are well served. NN Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NN Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Jenkins, Independent Member of the Supervisory Board
JanHendrik Erasmus, Chief Risk Officer, Member of the Management Board
David Cole, Independent Chairman of the Supervisory Board
Dick Harryvan, Independent Vice Chairman of the Supervisory Board
Janet Stuijt, General Counsel and Head of Compliance, Company Secretary, Member of the Management Board
Clara Streit, Independent Member of the Supervisory Board
Maurice Koopman, Chief NonLife
Jelmer Lantinga, Head Relations
Annemiek Melick, ViceChairman CFO
Heijo Hauser, Independent Member of the Supervisory Board
Helene Dort, Independent Member of the Supervisory Board
Tjeerd Bosklopper, Member of the Management Board, Chief Transformation Officer, Chief Executive Officer Netherlands a.i.
Robert Ruijter, Independent Member of the Supervisory Board
Satish Bapat, Member of the Management Board, Chief Executive Officer NN Investment Partners
David Knibbe, Chairman of the Executive Board and the Management Board, Chief Executive Officer
J Schoen, Independent Member of the Supervisory Board
Bernhard Kaufmann, Chief Board
Leon Riet, CEO Board
Delfin Rueda, Vice Chairman of the Executive Board and the Management Board, Chief Financial Officer
Fabian Rupprecht, Member of the Management Board, Chief Executive Officer International Insurance
Dailah Nihot, Member of the Management Board, Chief Organization and Corporate Relations

NN Group Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NN Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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