The Executive Board is responsible for managing Delta Lloyd under the supervision of the Supervisory Board.
The Executive Board formulates Delta Lloyd's strategy and policies and has responsibility for the internal control systems. At least once a year, the Executive Board submits a written report to the Supervisory Board outlining the company strategy, the general and financial risks facing the company and its risk management and control systems.
The members of the Executive Board are appointed by the Supervisory Board, which notifies the General Meeting of the proposed appointment. The Executive Board can nominate candidates for appointment. The Supervisory Board will not dismiss an Executive Board member until the General Meeting and the Works Council have been informed of the proposed dismissal. The Supervisory Board can suspend a member of the Executive Board at any time.