Duncan Russell new CFO Aegon
16-05-2024 Aegon has announced that Duncan Russell is being nominated as the new CFO.
Duncan Russell joined Aegon as Chief Transformation Officer in 2020. Prior to Aegon, Russel worked at UK-based Admiral Group Plc, where he last held the position of CFO of Admiral Financial Services. Prior to that, he worked for Admiral Group as consultant, for NN Group N.V., responsible for Group Capital Management, Treasury, Business Development and Group Strategy, and at J.P. Morgan as Managing Director and Head of Equity Research European Insurance.
Per 1 September, Russell will be appointed as CFO. He will succeed Matt Rider, who will retire after more than seven years. Rider will remain a member of the Board of Transamerica on a non-executive basis.
'I am pleased to appoint Duncan Russell as our new CFO', said Aegon CEO, Lard Friese. 'I am confident that with his financial acumen, deep insurance expertise and comprehensive knowledge of the capital markets and our organization, he will continue to contribute to the success and transformation of our company.'