Wednesday 23 August 2017

Maarten van Eden quits Anglo

Laura Noonan

Laura Noonan

ANGLO Irish Banks chief financial officer, a key member of the clean-up team brought into the bank last year, yesterday stunned colleagues by announcing plans to quit the bank.

In a brief statement yesterday, Anglo confirmed that Maarten van Eden would depart the bank "at an agreed date between April 30 and June 30".

The multi-lingual banker has been with Anglo for just over a year, and was closely involved in the formulation of its business plans.

News of his departure comes just days after the High Court agreed to auction off Anglo's deposit book and merge the bank's remaining operations with those of Irish Nationwide Building Society (INBS).

Anglo also hit the headlines this week for recording the largest ever loss in Irish corporate history, after losing €17.6bn in 2010.

In a statement, Anglo's board and senior management said they were "very grateful" to Mr van Eden for his "huge commitment and extensive work".

"The Bank will now identify and appoint a successor to Maarten and announce this in due course," the statement added.

Mr van Eden is a key player in an international cast of senior managers that was drafted into Anglo after it was nationalised in 2009 and he is the first of the group to depart.

Before joining the Irish bank, Mr van Eden was head of capital management at ING Group and had also spent stints at JP Morgan and the Dutch Finance Ministry.

On his profile page on professional networking site Linkedin, he says he is "internationally mobile" with fluent Dutch, English and French and "moderately" good German and Spanish.

Mr van Eden could not be reached for comment last night, and a spokesman for Anglo declined to comment beyond the statement.

Irish Independent

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