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Financial Times: Observer: Hardened vets

Published: March 20 2007 02:00 | Last updated: March 20 2007 02:00

If Rijkman Groenink, ABN Amro’s embattled chief executive, is seeking tactical advice on how to handle activist investors, he does not have far to look. Rob van den Bergh, who was ousted as chief executive of business information group VNU in a shareholder revolt, sits on ABN’s supervisory board, while Jan Kalff, Groenink’s predecessor at ABN, is chairman of Stork, the industrial conglomerate that is also the target of break-up demands.

Earlier this month Royal Dutch Shell, the Anglo-Dutch energy company that unwound its governance structure a couple of years ago under shareholder pressure, announced its intention to appoint Groenink a non-executive director.

He will take the place of Aarnout Loudon, ABN’s former chairman, who is retiring.

Copyright The Financial Times Limited 2007 and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

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