Asset manager APG names Paul Spijkers as acting CIO

Mon Jun 8, 2009 7:14pm IST

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* Spijkers replaces Roderick Munsters, who will head Robeco

* He is currently CIO APG Asset Management

AMSTERDAM, June 8 (Reuters) - Dutch APG Group, which manages assets for the world's third-largest state pension fund ABP, nominated Paul Spijkers as its acting chief investment officer as of August 1 to replace the outgoing Roderick Munsters.

Paul Spijkers, currently CIO at APG Asset Management, will act as CIO of APG until the group has found a permanent successor for Munsters, who will join Dutch asset manager Robeco as chief executive from Sept. 1, APG said in a statement on Monday.

At the end of 2008, APG managed 173 billion euros ($239 billion) of assets for ABP, the world's third-largest state pension fund after Japan's and Norway's. ($1=.7230 Euro) (Reporting by Gilbert Kreijger, editing by Will Waterman)

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