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Financial Times: Groenink to add Shell to portfolio

By Ruth Sullivan
Published: March 9 2007 02:00 | Last updated: March 9 2007 02:00

Royal Dutch Shell is planning to appoint Rijkman Groenink, chairman of ABN Amro’s managing board, as a non-executive director.

He will replace Aarnout Loudon, who is retiring from the Anglo-Dutch oil company following the annual meeting on May 15.

Last month, the Dutch banking regulator intervened in a battle for control of ABN Amro after a hedge fund asked the group to consider breaking itself up to reverse years of poor share price performance. Ruth Sullivan

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