Report of the Managing Board to the shareholders.
Supervisory Board.
Advisory Council.
General Management.
At the Annual General Meeting of Shareholders
held on Wednesday, 1 May 1985,
Mr. A. H. Heineken, Prof. Dr. E. H. van der
Beugel, Prof. Dr. A. C. R. Dreesmann,
Mr. C. T. van der Molen and Mr. D. de Bruyne
retired by rotation from the Supervisory Board.
All were reappointed in accordance with a
decision reached by the Supervisory Board at its
meeting on 22 March 1985, it having been
established that there was no objection on the
part of the Shareholders' Committee and the
Central Employees' Council.
Mr. R. A. de Monchy, who was also due to retire
by rotation, relinquished his seat for personal
reasons.
We are greatly indebted to Mr. De Monchy, who
was elected to the Supervisory Board of the
Hollandsche Bank-Unie on 19 December 1958,
and joined the Supervisory Board of the ABN
upon the merger on 2 February 1968, for his
expert contribution over a period of many years.
It having been established that there was no
objection on the part of the Shareholders'
Committee and the Central Employees' Council,
the meeting on 22 March 1985 elected to the
Supervisory Board Dr. A. Batenburg and
Mr. J. Zantman, in accordance with a
recommendation by the Managing Board, and
Mrs. M. Epema-Brugman and
Prof. Dr. D. J. Wolfson, in accordance with a
recommendation by the Central Employees'
Council. The new members took up their seats
on 1 May 1985.
Messrs. P. A. W. Roef, A. Meyer and
J. W. Wegstapel retired by rotation on
31 December 1985. They were re-elected for a
period of four years.
Dr. J. Bartels, who was due to retire by rotation
and was not eligible for re-election under the
rules of the Advisory Council, relinquished his
seat on 31 December 1985.
Mr. W. Vuursteen also resigned on that date,
having decided for personal reasons not to seek
re-election. We would express our gratitude to
Dr. Bartels and Mr. Vuursteen for their contri
butions to the work of the council.
It is with regret that we have to report the death,
on 27 January 1986, of Mr. L. J. M. van Son,
who took his seat on the Advisory Council on
1 September 1979. His expertise and wide
experience were of great value both to the
Council and to the Bank as a whole.
Mr. J. P. Guépin, Mr. A. Maas and
Prof. Dr. G. Zoutendijk were elected to the
Advisory Council with effect from 13 November
1985.
Having reached the prescribed age limit,
Dr. A. Batenburg resigned the chairmanship of
the Managing Board on 1 May 1985 after a
career with the Bank which had spanned thirty-
seven years.
Dr. Batenburg became a director of Algemene
Bank Nederland N.V. on 22 April 1966. Three
years later, on 26 June 1969, his title was
changed to that of member of the Managing
Board. On 10 April 1970 he was elected to
membership of the presidium, and on
20 September 1974 he assumed the chairman
ship of the Managing Board.
Dr. Batenburg made an immensely significant
contribution to the Bank, for it was he who
mainly stimulated its growth at home and
abroad. We gladly voice our gratitude for his
determined and enthusiastic leadership.
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