Jean-Louis Laurens (54) will join Robeco's Management Board as of 1 December. He will be responsible for Robeco's mainstream asset-management activities. Mr. Laurens is currently head of Robeco France, the responsibility for which he will pass on to his management team. The appointment is subject to approval by the regulatory authorities. His move onto the Management Board coincides with a high-level reorganization within Robeco. Robeco will abandon the business-unit model and will replace it with a functional organization model for its core business activities. CEO George Möller: "An integrated international approach calls for a functional model."

Besides George Möller and Jean-Louis Laurens, Robeco's Management Board will now consist of the following persons: Leni Boeren will become the new COO and will be responsible for ICT and back-office activities. A sound infrastructure will give Robeco a firm basis to benefit from the consolidation opportunities within the asset-management industry. Leni Boeren will remain responsible for Robeco Direct. Sander van Eijkern will continue to run Alternative and Sustainable Investments. Robeco wants to become a leader in these fields. Constant Korthout will remain CFO. The group's marketing, sales and distribution activities will report to Frank Kusse.

The current manager of business unit RAM, Niek Molenaar, will leave Robeco. George Möller: "Niek can look back on a long and impressive career with Robeco. I thank Niek for his many years of dedication." Niek Molenaar adds: "It has been decided that Robeco will be organized along functional lines. The new organizational structure does not include a position which fits me. Thus my career of almost 22 years with Robeco comes to an end. With all my vast experience, I will start looking around for new professional opportunities as soon as possible."

About Robeco
Robeco, established in Rotterdam in 1929, offers investment products and services to institutional and private investors worldwide. It has EUR 146 billion in assets under management (at 31 December 2007).

The product range encompasses equity and fixed-income investments, money-market funds and alternative investments, including private equity, hedge funds and structured products. The various strategies are managed from Rotterdam (head office), Boston, Hong Kong, New York and Paris.

To service institutional and business clients, Robeco has offices in Bahrain, Belgium, China, Germany, France, Japan, Luxembourg, Poland, Spain, the United States and Switzerland. Robeco has a bank license in France and the Netherlands, where it can sell its products straight to private clients.

Robeco holds a 100% interest in Corestone (Zug, Switzerland), Harbor Capital Advisors (Chicago, US) and Transtrend (Rotterdam, the Netherlands). Robeco further holds an interest of approximately 60% in SAM Group (Zurich, Switzerland), a 49% interest in Canara Robeco Asset Management (Mumbai, India) and a 40% interest in AIM (Rijmenam, Belgium).

Robeco is part of Rabobank Group, one of the few retail banks with the highest credit ratings from Moody's and Standard & Poor's. Furthermore, within the banking sector, Rabobank has the highest sustainability cluster score, which is used to assess an organization's people and environmental friendliness.