PGGM said its chief executive will step down by the end of 2026, marking a leadership change at the Dutch in-house asset manager.
Year-end 2026 is the only timing detail provided in the report, with no successor or reason for the departure disclosed.
The move comes as asset managers face broader pressure to modernize operations, with BCG saying the industry lags other financial-services firms in AI adoption.
That backdrop leaves leadership transitions under added scrutiny as firms weigh how quickly to push technology and operating changes.
As its CEO exits, can PGGM’s AI strategy serve as a blueprint for the industry?
With profits squeezed, why is the asset management industry so slow to adopt game-changing AI?