Marco Groot Wassink
About Marco Groot Wassink
Marco Groot Wassink serves as the Chief Financial Officer for Retail at Legal & General, a position he has held since 2022. With a robust background in finance and risk management, he has previously worked in various senior roles across multiple countries, including positions at AEGON N.V. and ABN AMRO Bank N.V.
Current Role at Legal & General
Marco Groot Wassink serves as the Chief Financial Officer for Retail at Legal & General, a position he has held since 2022. In this role, he is responsible for overseeing the financial operations and strategy for the retail division. His leadership is focused on driving financial performance and ensuring alignment with the company's overall objectives. Prior to this position, he served as the CFO for Insurance at Legal & General from 2017 to 2022.
Previous Experience at AEGON N.V.
Marco Groot Wassink worked at AEGON N.V. in various capacities from 2004 to 2015. He began as an Analyst at ABN AMRO Bank N.V. from 2001 to 2004, before transitioning to AEGON N.V. as a Risk Analyst from 2004 to 2006. He then progressed to the role of Senior Risk Manager from 2006 to 2008, and later served as Executive Vice President at AEGON-CNOOC from 2012 to 2015 in Shanghai, China.
Educational Background
Marco Groot Wassink holds two Master's degrees. He studied Actuarial Science at the University of Amsterdam, where he achieved his MSc. Additionally, he studied Econometrics at the University of Groningen, also earning an MSc. His academic background supports his extensive expertise in finance and risk management.
Expertise in Financial Management
Marco Groot Wassink possesses a strong background in various areas of financial management, including strategy development, capital management, asset-liability management (ALM), hedging, and risk management. He is knowledgeable in Solvency II regulations, product development, investment strategies, reinsurance, mergers and acquisitions (M&A), and e-commerce. His expertise is enhanced by his extensive experience in international life insurance across Europe, Asia, and America.
Board Level Effectiveness
Marco Groot Wassink has demonstrated effectiveness at the Board level, focusing on staff empowerment and engagement. His leadership style emphasizes collaboration and the importance of engaging team members in the decision-making process, which contributes to a positive organizational culture.