Supervisory Board

The Supervisory Board is responsible for overseeing the Executive Board’s conduct and general business management. It plays an important role in Achmea's governance, in particular, by approving (or not) important business-related decisions.

In line with the Dutch Corporate Governance Code, three dedicated committees support Supervisory Board decision-making:

Audit & Risk Committee meetings are always attended by the CFO; the Chairman of the Executive Board; and the directors of Internal Audit, Strategy & Performance, and Risk Management.

Achmea's cooperative structure determines many of its processes. As a result, our 11 Supervisory Board members are all nominated and selected by our shareholders. Vereniging (Association) Achmea appoints seven Supervisory Board members, including the chairman. Rabobank selects four members, including the vice-chairman. The rest of our shareholders are jointly represented with one seat.

Biographies

Erik A.J. van de Merwe (1950)

Chairman, Dutch nationality, was appointed in 2012
His current term expires in 2016. Mr van de Merwe holds various Supervisory Board positions. He is the Non-Executive Chairman of GWK Travelex. Furthermore, he is Chairman of the Advisory Board and member of the Audit & Risk Committee of the Dutch Burns Foundation, and Chairman of the Euro Tissue Bank (part of the Dutch Burns Foundation). He is also a jury member of the Henri Sijthoff Award. In addition, he is member of the Board of Directors of Vereniging Achmea, Chairman of the Supervisory Board and Audit & Risk Committee of Achmea Bank Holding N.V. and Staalbankiers N.V. and a member of the Supervisory Board and Audit, Compliance & Risk Committee of Rabobank Nederland. He is Chairman of the ‘Curatorium Corporate Compliance & Integrity’ of the Vrije Universiteit and a member of the Advisory Board of IIA.

Marinus Minderhoud (1946)

Vice-Chairman, Dutch nationality, was re-appointed in 2012
His current term expires in 2016. Mr Minderhoud is a member of the Supervisory Board of Rabobank Nederland, Chairman of the Board of Vodafone International Holdings B.V. and Vodafone Europe B.V.

Joke S.T. van Lonkhuijzen-Hoekstra (1960)

Dutch nationality, was appointed in 2011
Her current term expires in 2015. Ms van Lonkhuijzen-Hoekstra has a broad background in the Dutch health sector. She is chairman and CEO of several psychiatric institutions in Amsterdam. Until 2011, she was vicechairman of the SIGRA for the Amsterdam health region and at De Friesland Zorgverzekeraar. She is a member of the boards of GGZ Nederland, chairing the Finance and Procurement committee, and NVZD, where she is member of the remuneration committee, and a Supervisory Director of Achmea Zorgverzekeringen N.V.

Mijntje Lückerath-Rovers (1968)

Dutch nationality, was appointed in 2011
Her current term expires in 2015. Ms Lückerath-Rovers holds the chair of Corporate Governance at Nyenrode Business University in the Netherlands. She is also Associate Professor Business Economics at Erasmus School of Law. She is a member of the Supervisory Board of ASN Investmentfunds N.V. and the Greenfund of the ASN Bank. In 2011, she became a member of the Board of Betaalvereniging Nederland. She is (co-)editor of a number of academic journals, including Good Governance, the Journal of Supervision and the Corporate Governance Year Book.

Paul F.M. Overmars (1945)

Dutch nationality, was re-appointed in 2009
His current term expires in 2013. Prior to his retirement in 2004, Mr Overmars was CEO of Achmea and Vice-Chairman of the Executive Board of Eureko. As from 31 March 2010, he was appointed Chairman of Vereniging Achmea. In addition, he is Chairman of the Eureko Achmea Foundation and a member of the Supervisory Board of Achmea Zorgverzekeringen N.V. Until 17 June 2010, he was a member of the Supervisory Board of Rabobank Nederland. Until mid-2005, he was Chairman of the Board of the Dutch Association of Insurers and a member of the Management Board of VNO/NCW.

Henk J. Slijkhuis (1946)

Dutch nationality, was re-appointed in 2012
His current term expires in 2016. Mr Slijkhuis is an independent farmer. He was Chairman of the Supervisory Board of Countus Accountants- en Belastingadviseurs (until July 2011) and is a member of the Board of Directors of Vereniging Achmea and of the Supervisory Board of Achmea Zorgverzekeringen N.V.

Aad W. Veenman (1947)

Dutch nationality, was appointed in 2009
His current term expires in 2013. From 2002 through 2008, Mr Veenman was chairman and CEO of Dutch national railways, NS. Before joining the NS, he had a long career with the Dutch industrial enterprise, Stork, where he was a member of the Board of Management from 1990 CEO from 1998 through 2002. Until 17 June 2010, he was a member of the Supervisory Board of Rabobank Nederland. Currently, Mr Veenman is Chairman of the Supervisory Board of GVB, Tennet, Woning Corporatie Woonbron and Trans Link Systems. He is also a member of the Supervisory Council of Energie Centrum Nederland (ECN).

Antoon J.A.M. Vermeer (1949)

Dutch nationality, was re-appointed in 2010
His current term expires in 2014. Mr Vermeer is co-owner of a dairy farm. He is Vice-Chairman of the Supervisory Board of Rabobank Nederland and Chairman of the Supervisory Board of Viom N.V. In addition, he is a member of the curatorium of the ZLTO Chair Food, Farming and Agribusiness, Tilburg University and Chairman of the HAS Supervisory Board.

Bé J. van der Weg (1943)

Dutch nationality, was re-appointed in 2010
His current term expires in 2014. Mr Van der Weg is also a member of the Board of Directors of Vereniging Achmea and Chairman of the Board of Stichting Administratie Kantoor IMK.

Company Secretaries: Wim Janssens and Nynke Hupkens-Sipma