David Knibbe - NN Group CEO

NNGPF Stock  USD 45.26  1.44  3.08%   

CEO

Mr. David M. Knibbe was Member of the Management Board and Chief Executive Officer Netherlands at NN Group NV since September 1, 2014. He was Member of the Management Board since July 7, 2014. From January 1, 2011 until September 1, 2014, he served as Chief Executive Officer of ING Insurance Europe. In his role as chief executive officer Netherlands Insurance, Mr. Knibbe is responsible for NN Groups insurance and banking business in the Netherlands and is leading the integration of NN and Delta Lloyd. During 2010, he was CEO Insurance Corporationrationrate Clients in the Netherlands. From 2010 to 2011, Mr. Knibbe was general manager of Insurance Corporationrationrate Clients in the Netherlands. From 2007 to 2008, Mr. Knibbe was general manager of NationaleNederlanden Individual Life, which then became Intermediary Pensions and Retail Life with the addition of the SME pensions business in 2008. In 2009, Mr. Knibbe became general manager Pensions with the addition of corporate pensions and removal of retail life from his area of responsibility. Prior to that, from 2004 to 2007, Mr. Knibbe was director Income Insurances of NationaleNederlanden. From 2002 to 2004, he was managing director of INGs life insurance and employee benefits joint venture with Piraeus Bank in Greece. Mr. Knibbe was head of Investments of Central Holland of ING Bank from 2000 to 2002. Mr. Knibbe started his professional career in 1997 when he joined ING, serving in various positions in investment management and banking. Mr. Knibbe has a degree in Monetary Economics from the Erasmus University in Rotterdam . Besides being a member of the Management Board Mr. Knibbe is chair of the board of the Dutch Association of Insurers, member of the board and secretary of the Confederation of Netherlands Industry and Employers and member of the board of the Johan Cruyff Foundation. since 2014.
Age 52
Tenure 10 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.
The company has accumulated 11.95 B in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. NN Group NV has a current ratio of 1.61, which is within standard range for the sector. 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 NNGPF 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 and internationally. NN Group N.V. was founded in 1845 and is headquartered in the Hague, the Netherlands. NN Group is traded on OTC Exchange in the United States. NN Group NV [NNGPF] is a Pink Sheet which is traded between brokers as part of OTC trading.

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 NNGPF. 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, Member of the Supervisory Board
Janet Stuijt, Member of the Management Board
Maurice Koopman, Chief NonLife
Annemiek Melick, ViceChairman CFO
Heijo Hauser, Member of the Supervisory Board
Lard Friese, Chairman of the Executive Board and the Management Board, CEO
Helene Dort, Member of the Supervisory Board
Tjeerd Bosklopper, Member of the Management Board, Chief Transformation Officer
Robert Ruijter, Independent Member of the Supervisory Board
Yvonne Rooy, Member of the Supervisory Board
Satish Bapat, Member of the Management Board, CEO Investment Partners
David Knibbe, Member of the Management Board, CEO Netherlands Insurance
Yvonne Rooij, Member of the Supervisory Board
J Schoen, Member of the Supervisory Board
Bernhard Kaufmann, Chief Board
Wilfred Nagel, Member of the Supervisory Board
Fabian Rupprecht, Member of the Management Board, CEO International Insurance
Dorothee Vredenburch, Chief of Change and Organisation and Member of Executive Board
Ralph Hamers, Member of the Supervisory Board
Dailah Nihot, Member of the Management Board, Chief Organisation & Corporate Relations
Hans Schoen, Member of the Supervisory Board
JanHendrik Erasmus, Chief Risk Officer, Member of the Management Board
Dick Harryvan, Vice Chairman of the Supervisory Board
Clara Streit, Independent Member of the Supervisory Board
Jelmer Lantinga, Head Relations
Doug Caldwell, Chief Risk Officer and Member of Executive Board
Jan Holsboer, Chairman of the Supervisory Board
Delfin Arroyo, CFO and Member of Executive Board
Robin Spencer, Member of the Management Board, CEO International Insurance
Constant Beckers, Member of Executive Board and CEO of NN Investment Partners
Eilard Friese, Chairman of Executive Board and CEO
Leon Riet, CEO Board
Patrick Flynn, Member of the Supervisory Board
E Friese, Chairman of the Executive Board and the Management Board, CEO
Delfin Rueda, Vice Chairman of the Management and Executive Board, CFO
Karin Jong, Head of Investor Relations
Stan Beckers, Member of the Management Board, CEO ING Investment Management

NNGPF Stock Performance Indicators

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Please note, there is a significant difference between NN Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if NN Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NN Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.