PDN ANNUAL REPORT 2018
CONTENTS

  • The conclusion of
    the Supervisory Board

The Supervisory Board supervises PDN's Board and evaluates the Board's performance and the processes it uses. The Supervisory Board is made up of three members. 

In 2018, these were Wendy de Jong (Chair), Jac Kragt, and Henriette de Lange. The Supervisory Board’s composition changed at the end of 2018. Henriëtte de Lange stepped down on December 5, 2018 to accept the position of Pension Ombudsman. She was succeeded by Mila Hoekstra on January 1, 2019. 

On February 15, 2019, Wendy de Jong resigned her position as chairperson to accept membership of the Supervisory Board of the Dutch Authority for the Financial Markets (AFM). Mila Hoekstra will temporarily chair the Supervisory Board.

RvT_2

From left to right: Jac Kragt and Mila Hoekstra

In its evaluation, the Supervisory Board concluded that:
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • the overall evaluation of the Supervisory Board is positive, given the management result recorded in 2018 and the quality of the management in place.
  • the role awareness between PDN and DPS has grown further. In 2018, DPS once again demonstrated its commitment to assisting the Board with advice and support.
  • the right control measures (ICT and staffing) must be considered in connection with the outsourcing risk.
  • it is very important to now see the Board operating on a good footing. With the recent Board changes and an increased awareness of the relationships within the Board, the Supervisory Board has confidence in this regard.
  • PDN complies with the Dutch Pension Funds Code or explains any deviations from it in more detail in the management report.
  • it is satisfied with the increased gender diversity on the Board. The Supervisory Board is aware that the Board is making efforts to rejuvenate the Board, even though this has proved difficult to date.