At Aegon, we have a multi-tier governance system, consisting of our General Meeting of Shareholders, our Supervisory Board and our Executive Board. Our Supervisory Board is independent and made up largely of former executives from other organizations who are financial and/or corporate experts. In 2016, the Supervisory Board was composed of 25% female to male ratio (2/8).
For the day-to-day management of the company, our Executive Board is supported by our Management Board. Members are drawn from our operating units and global functions. In 2016, for the first time, the Management Board was composed of almost 30% female to male ratio (3/11).