Clifford Abrahams to be new Delta Lloyd CFO

The Supervisory Board of DELTA LLOYD is pleased to announce that it intends to appoint Clifford Abrahams (48) as the company's new Chief Financial Officer and member of the Delta Lloyd Executive Board. The Supervisory Board will convene an Extraordinary General Meeting of Shareholders (EGM) to inform the shareholders of the anticipated appointment, which will be followed by his formal appointment. Clifford Abrahams is expected to join Delta Lloyd in January 2016.

Clifford Abrahams currently serves as the CFO of Aviva Investors, a global asset manager, with assets under management of over € 350 billion. Previously, he served as CFO of Aviva UK & Ireland Life Insurance and before that as CFO of Aviva UK & Ireland General Insurance. Prior to joining Aviva, Clifford spent 12 years at Morgan Stanley, where he became Managing Director in 2002. In 2005, he was appointed as Chief M&A Officer at Aviva. At that time, Aviva was the majority shareholder of Delta Lloyd and Clifford Abrahams played an important role in the Initial Public Offering in 2009.

Supervisory Board chairman Rob Ruijter: "Clifford Abrahams is an outstanding candidate for the CFO position at Delta Lloyd. His qualifications and experience are excellent, and he brings to the table an international background and a strong track record as a CFO, in M&A and capital markets. He has in-depth knowledge of the insurance business and capital management. I am confident that he will be able to make a valuable contribution to Delta Lloyd's strategic development."

The Dutch Central Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM) have approved the intended appointment of Clifford Abrahams, which also has the support of the Group Works Council.