JanHendrik Erasmus - NN Group Chief Risk Officer, Member of the Management Board

NN Stock  EUR 44.84  0.10  0.22%   

Executive

Mr. JanHendrik Erasmus was Chief Risk Officer at NN Group N.V. since October 1, 2016 and Member of the Management Board at the Company since September 1, 2016. He is responsible for NN Groups overall risk framework with direct responsibility for the risk management departments. He is also responsible for IT globally. Prior to joining NN Group, Mr. Erasmus was a Partner in Oliver Wymans Financial Services business, Head of the UK Insurance Practice and a member of the European Leadership Team. He joined Oliver Wyman in 2009 and his consulting work predominantly focused on risk, capital and assetliability management for UK and European insurers. From 2007 to 2009 he worked for Lucida plc where he led one of the deal teams and was the Director of Risk and Capital Management. From 2005 to 2007, he worked at Prudential plcs Group Head Office, lastly as head of Group Riskadjusted Profitability. He started his professional career in 2003 at Momentum Life in the investment product development department. Mr. Erasmus holds an Executive MBA from London Business School and a degree in Actuarial Science from the University of Pretoria . He is a Fellow of the Institute of Actuaries in the United Kingdom, and holds the Chartered Enterprise Risk Actuary qualification. Mr. Erasmus was elected vicechair of the CRO Forum for 2018. since 2016.
Age 38
Tenure 8 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

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Thematic Opportunities

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