Tuesday, March 31, 2015

ABN Commissioner Peter Wakkie resigns after fuss salaries – nrc.nl

Economy

Peter Wakkie occurs immediately down from the Supervisory Board of ABN Amro. The bank has announced this afternoon. Wakkie leaves because of the controversy that has arisen over the wage increase for ABN Summit, which has now been reversed.

In a press release that ABN Amro has published state that Wakkie considers itself responsible for “the resulting fuss” about the pay raise because he commissioner who deals with the remuneration policy of the bank:

Peter Wakkie has decided that he will step down with immediate effect from the Supervisory Board of ABN AMRO. Mr. Wakkie was Deputy Chairman of the Supervisory Board and Chairman of the Remuneration, Selection and Appointment Committee. He considers himself in the latter capacity, in particular responsible for the decision on the implementation of the now back twisted salary increase for six directors and about surrounding noise.

Last week it was announced that the top of state bank ABN Amro, on CEO Gerrit Zalm after a pay rise would get 100,000 euros. Over there arose great social and political turmoil, after Dijsselbloem Minister (Finance, Labour) Friday decided to postpone the IPO of the bank. After all social and political criticism saw ABN summit on Sunday of the salary increase.



Wakkie defends wage increase in interview NRC

The top of ABN Amro wanted their decision to raise (and that their decision to roll back again) not explain up to now. But Wakkie calculated afternoon gave an interview to TVNZ (€) in which the pay rise is still defended:

“The directors have their goals ever with flying colors achieved. If you did that, you are entitled to that bonus. They have been since 2010 no longer receive. In reality they have so let 1.5 million lie “

About the resulting commotion he says in the interview:”. Since I have a personal opinion, but I do not want to share. That would not be good for the bank – that the peace must now return “

Questions about ‘shadowy role’ Dijsselbloem

On the role of Dijsselbloem remain questions about the salary increase. . NRC afternoon reported that the minister in the spring of 2014 has approved the controversial pay raise for the top of ABN Amro and also promised to defend publicly. Dijsselbloem the last days just very critical of the decision of ABN to increase salaries and suggested the IPO of the bank for that reason out.

This afternoon showed that different parties in the House have questions about the role of Dijsselbloem. The Chamber will soon be with the minister about the hassle ABN Amro in debate. Prior to that the minister must answer a series of questions from MPs on all issues surrounding the bank.

Please read the entire interview with now former Commissioner Peter Wakkie ABN Amro, “Explaining that the flawed, did not work (€)

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