Derick le Roux

Position
Chairman

Professional experience
I have been working in the financial sector for more than 30 years. In my first position, I was a fixed income analyst in investment banking. From 1998 to 2006, I was a portfolio manager for fixed income portfolios of insurance companies and group pension plans. Then I was a strategic advisor within fiduciary management for 10 years. And from 2018, I lead the strategic advisory department within NN Group's investment office. Since May 2022, I am also a board member of NN CDC Pension Fund.

Area of focus
My primary focus is to create harmony in the boardroom and ensure that every perspective, perception, and opinion is heard, so that all stakeholders are aligned. Secondly, sound investment decisions influence the level of (future) pensions to be achieved. We must remain strong, because a strong financial position is like electricity: you only realize how important it is when the power goes out.

CDC message
The NN CDC Pension Fund will transition to the new Future of Pensions Act (Wet toekomst pensioenen, Wtp). Prior to this transition, the accrued pension entitlements will be transferred to De Nationale APF. During this period, it is crucial that we communicate clearly and handle the pension fund with care, so that we can ensure a smooth transition to the new situation.

Area of focus
We do not yet know what direction we are going to take with our closed pension fund. That is why it is extra important to monitor the right balance is risks versus our investment return. Good investment decisions affect the level of (future) pensions to be achieved. We must remain strong, because a strong financial position is like electricity: when it fails, you only notice how important electricity is.

CDC message
We make our decisions for the future as balanced as possible. It is important that our participants and stakeholders can trust us and feel comfortable with the decisions we make.