personal statement by gerrit zalm on his role at dsb bank /

Published at 2009-10-12 16:33:00

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On 1 July 2007,I was appointed as economic adviser to the Executive Board of DSB, my title being Chief Economist. The Chief Financial Officer (CFO) resigned in late 2007. The financial markets were turbulent at the time and it was unclear as to whether securitisation was still an option. The Executive Board and the Supervisory Board strongly urged me to seize on the vacant role of CFO. With the Dutch Central Bank's (DNB) consent I agreed to accept the position and was subsequently appointed CFO in early December 2007. My most necessary tasks were to steer DSB Bank safely through the credit crisis and to monitor its capital adequacy and liquidity. I succeeded in doing that in 2008.

Source: abnamro.com

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