KAS BANK wins European Pension Fund Custodian of the Year award


KAS BANK Newsflash 12 November 2014

We are proud to announce that we were awarded the Custody Risk Award for ‘European Pension Fund Custodian of the Year’ for the second consecutive time. Additionally this year we also received the Custody Risk Award for ‘Custodian of the year – Benelux’. The awards were presented at the annual European Custody Risk Awards ceremony in London last night.

Custody Risk Awards

European Pension Fund Custodian of the Year & Custodian of the year – Benelux

The European Custody Risk Awards are an initiative of Custody Risk, a European magazine for risk managers in the financial industry. KAS BANK was nominated (with BNY Mellon) in two categories and won both awards. An independent panel of financial specialists judged the nominations and decided on the winners. The judges’ panel praised KAS BANK as “the bank for pension funds, helping trustees and directors to cope with new rules and regulations. The bank has welcomed numerous new pension fund clients in 2014 and pushes the boundaries to set new industry standards. KAS BANK is among the first European custodian banks providing information on asset management and transaction costs."

“Confirmation and recognition of KAS BANK's growing focus on pension funds”,
says Sikko van Katwijk, member of the Managing Board

The award was received by Sikko van Katwijk, member of the Managing Board at KAS BANK N.V. In his acceptance speech, Sikko commented: “It is an honour to receive these awards and on behalf of the KAS BANK team we accept them with great pleasure and pride.

Sikko van Katwijk KAS BANK European Pension Fund Custodian of the Year 2014

It is very motivating for us to get confirmation and recognition of KAS BANK's growing focus on pension funds. Although providing asset safety remains an important role, being a custodian to our pension fund customers nowadays requires an innovative approach. Our role as a committed custodian is evolving towards the trusted fiduciary agent to our clients: assisting them in getting more cost transparency, allowing them to benchmark themselves against industry peers, empowering them in execution of their responsibilities towards their stakeholders. Most important aspect is our neutrality to the client, so we honour their requirement to avoid conflicts of interest. With this prize we receive another important incentive to continue this course!”

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