Jaap van Manen appointed in Supervisory Board of De Nederlandsche Bank

The general shareholders’ meeting of De Nederlandsche Bank NV (Bank of The Netherlands, DNB) has decided to appoint professor J.A. van Manen from the Faculty of Economics and Business as member of DNB’s supervisory board, as of 1 January 2011.

Prof. van Manen is a partner at PriceWaterhouseCoopers and professor in Auditing and Corporate Governance at the Faculty of Economics and Business of the University of Groningen. Furthermore he is chairman of the audit committee of the Netherlands Court of Audit and member of the Monitoring committee corporate governance, the continuation of the committee Tabaksblatt. Van Manen is a specialist in corporate governance, or good business management, with over 30 years of experience as researcher and consultant for various stock exchange securities and large companies.

De Nederlandsche Bank monitors the financial sector. DNB is responsible for supervising the financial stability of The Netherlands. The supervision focuses on three important aspects: low inflation, a safe transfer of money and the solidity and integrity of financial institutions.