ABN Amro CEO Says He Is Leaving Three Months Into New Term (2)

ABN Amro Bank NVhas announced the departure of Chief Executive Officer Robert Swaak, just over three months after he got reappointed to lead the Dutch bank for a new term.

Swaak, who was brought on board to steer the bank in 2020, will step down in the first half of 2025. He was asked by the supervisory board to extend his term last year. The process of finding a successor has begun, the lender said in a statement on Thursday.

ABN Amro’s shares were trading 2.5% lower at €15.71 apiece at 10:33 a.m. in Amsterdam. The stock ...