Robert Swaak to step down as ABN Amro CEO next year

Robert Swaak will not complete his second term as CEO of ABN Amro and will step down in the first half of next year, the bank announced on Thursday. According to ABN Amro, they decided together that it was a good time to make room for a successor.

“When I was asked to serve a second term as CEO last year, I considered the possibility that I would make way for a successor at an appropriate time before the end of the term,” Swaak said. “Now that the bank is entering a new strategic period, the Supervisory Board should be given the opportunity to find a successor in time.”

He said he led ABN Amro with “great dedication and pleasure” and was “immensely proud” of what the bank achieved. “It goes without saying that – until a successor has been appointed - I will continue to dedicate myself fully to the bank, to our clients, investors, colleagues, and other stakeholders in the coming period.”

ABN Amro has initiated the process of finding Swaak’s successor.

Tom de Swaan, chairman of ABN Amro’s Supervisory Board, also stressed that Swaak will continue as CEO until his successor is ready to take over. “This will ensure continuity and give us the opportunity to find a successor in time.”

“We are grateful to Robert for his dedication to the bank, his leadership, and the way in which he has represented ABN AMRO. Under his leadership, ABN AMRO has set the course to become a personal bank in the digital age,” De Swaan said.

Swaak started as CEO of ABN Amro in April 2020 and was reappointed in April 2024.