Hague-based telecoms group KPN has announced that former Dutch finance minister, Jan Kees de Jager, will be its new chief financial officer.
De Jager’s contract will start Aug. 15 and he will assume responsibilities for the CFO role in November after a transition period. He succeeds Steven van Schilfgaarde, who has been acting CFO since September 2013.
De Jager was a member of the Dutch Cabinet from 2007 until 2012, first serving as deputy finance minister and then as finance minister from 2010 until 2012. He has also held positions at ISM eCompany, which he co-founded.
“Jan Kees combines extensive financial experience with operational leadership in the technology sector. He is widely recognised for his financial expertise as Minister of Finance during a turbulent financial period in Europe,” supervisory board chairman Jos Streppel said in a statement.
KPN also announced it is also planning to strengthen its board with a chief operating officer and a chief commercial officer.
A study of UK chief financial officers (CFOs) by recruitment consultant Robert Half finds that most nurture ambitions to take over the chief executive’s role.
Urjut Patel has been named as the new governor of the Reserve Bank of India (RBI) and will succeed Raghuram Rajan, whose term ends on September 4.
Frank Vang-Jensen, who was appointed in March 2015, apparently went against the Swedish bank’s decentralised model.
The second global Women in Financial Services report finds slow progress for women leaders in financial services.