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Aegon appoints Shawn C.D. Johnson as CEO of Aegon Asset Management
AegonAegon(US:AEG) GlobeNewswire News Roomยท2024-08-22 05:02

Core Viewpoint - Aegon has appointed Shawn C.D. Johnson as the new CEO of Aegon Asset Management, effective September 23, 2024, succeeding Bas NieuweWeme, who is leaving to pursue other career opportunities [1][2]. Group 1: Leadership Transition - Shawn C.D. Johnson brings extensive experience, having previously served as CEO of AMP Capital and founded Guidon Global LLC, with a notable 15-year tenure at State Street Global Advisors [1]. - Bas NieuweWeme will remain as an advisor until December 1 to ensure a smooth transition [1]. - Lard Friese, CEO of Aegon, expressed confidence in Shawn's ability to guide Aegon AM through its next phase of transformation, emphasizing his expertise in asset management and strategic consulting [2]. Group 2: Organizational Growth - Under Bas NieuweWeme's leadership since 2019, Aegon AM has become more client-driven and has shown strong growth in its global platforms and alternatives business [2]. - The organization is moving towards a global platform operating under one brand to leverage Aegon AM's international expertise and product suite [2]. - Shawn Johnson expressed enthusiasm for supporting Aegon's ambition to create leading businesses in investment, protection, and retirement solutions [2]. Group 3: Company Overview - Aegon is an international financial services holding company focused on building leading businesses that offer investment, protection, and retirement solutions [4]. - The company operates fully owned businesses in the United States and the United Kingdom, along with a global asset manager [4]. - Aegon aims to create value through partnerships in various countries, including insurance joint ventures in Spain, Portugal, China, and Brazil [4].