Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Business
Politics
ABN Amro
banking
Jeroen Dijsselbloem
raise wages
salaries increase
wages
Thursday, 9 April 2015 - 15:43
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

ABN Amro CEO nearly fired in '14 over pay raises: Finance Min.

Minister of Finance Jeroen Dijsselbloem said he considered firing ABN Amro CEO Gerrit Zalm because he wanted to increase salaries of six co-directors, reports AD. He decided against it after concluding the bank would stick to its earlier action plan, approved by Parliament and the Finance Ministry, Dijsselbloem said Thursday in a session with MPs. In October, he wanted to make it clear to the Tweede Kamer, the lower house of parliament, that ABN Amro's top management would claim a salary increase of 100,000 euros, writes De Telegraaf. The management had had that right for two years, but did not exercise it during that time. "In that I fell short; I also think that myself," Dijsselbloem said about not stating things clearly enough for MPs and the public Dijsselbloem assured the Tweede Kamer that although ABN Amro remains owned by the state, the bank's board will not claim a salary increase. “It was agreed with [ABN Amro's] board of directors and the supervisory board,” Dijsselbloem said. “There is no document, but it is firmly agreed.” He reaffirmed his earlier sentiment that an initial public offering of ABN Amro is possible in 2015, but only after trust and confidence in the bank is fully restored.

Follow us:

Latest stories

  • Dutch team rescues 6 people from rubble in Turkey; Death toll climbs to 8,100
  • Hundreds register for March 10 affordable housing protest in The Hague
  • Women twice as likely to have Covid vaccine side effects
  • Teenagers suspected of manslaughter in The Hague snack bar owner's killing
  • Utrecht garbage strike comes to an end after one week
  • Rutte tells Erdogan the Dutch can offer more help; Dutch donate millions in relief aid

Top stories

  • Dutch team rescues 6 people from rubble in Turkey; Death toll climbs to 8,100
  • Rutte tells Erdogan the Dutch can offer more help; Dutch donate millions in relief aid
  • Netherlands, Germany & Denmark buying at least 100 Leopard 1 tanks for Ukraine
  • Care farm ordered closed for physically, mentally abusing people with disabilities
  • Vattenfall to lower energy prices to below price cap for 700,000 customers in April
  • Dutch rescue team arrives in Turkey; Nearly €1.2 million raised for earthquake victims

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content