Former deputy minister goes to ABN Amro
Former deputy finance minister Joop Wijn has accepted a top position at ABN Amro Bank.
THE HAGUE—Wijn, current director for small and medium-sized businesses at Rabobank, will become responsible for ABN Amro's corporate and business division. He will answer directly to his former political boss, former finance minister Gerrit Zalm, who has been appointed ABN Amro's new CEO.
In an interview with the Financial Times, Finance Minister Wouter Bos says that the bank, which has been taken over by the Dutch state, is considering buying back divisions sold earlier to the Royal Bank of Scotland. The Financial Times reports that ABN Amro and the Royal Bank of Scotland have already discussed the issue, but a ministry spokesperson denied this. Royal Bank of Scotland expects a multi-billion-euro loss over 2008.