KAS BANK Places Sikko van Katwijk To Position Of Chief Commercial Officer

The Supervisory Board of KAS BANK proposes to appoint Sikko van Katwijk to the Managing Board of KAS BANK N.V. in the post of Chief Commercial Officer. Sikko van Katwijk will succeed Hans Kadiks as member of the Managing Board.

By None

The Supervisory Board of KAS BANK proposes to appoint Sikko van Katwijk to the Managing Board of KAS BANK N.V. in the post of Chief Commercial Officer. Sikko van Katwijk will succeed Hans Kadiks as member of the Managing Board.

Since 2001, Sikko van Katwijk has worked for Citigroup Inc., where he fulfilled various management duties as Managing Director. In his present job, he is responsible for all Investor Sales activities of Global Transaction Services in Europe, the Middle East and Africa.

Sikko van Katwijk had previously worked for KAS BANK (from 1989 to 2001), including a period as head of Institutional Relationship Management and as general manager of the KAS BANK UK office.

The proposed appointment will be made subject to regulatory clearance and acceptance by the KAS BANK Employees’ Council. The appointment will be formally announced to the shareholders at the Annual General Meeting of Shareholders of KAS BANK to be held on 22 April 2009.

“His international experience in relation to institutional investors and his knowledge of KAS BANK place him in an excellent position to contribute to the future development of the bank,” says Albert Rell, chairman of the Managing Board. “Important steps in this direction have already been taken in recent years under the leadership of Hans Kadiks, to whom we are deeply indebted.”

L.D.

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