About Rijkman Groenink
Rijkman Willem Johan Groenink is a Dutch banker. He is best known as the CEO of the Dutch bank ABN AMRO at the time that the bank was sold to a consortium of banks. The consortium was led by the Royal Bank of Scotland, Fortis and Banco Santander in 2007. Groenink had openly defended a takeover by Barclays, so when the consortium RFS won the takeover struggle and declared that they won the bid Groenink stepped down as CEO. As CEO Groenink had built up a substantial portfolio of shares in the bank through various stock option bonuses and the sale of his stake generated an income of €23 million. In 1988 he became a member of the board of directors of the AMRO bank and when the Amro merged with the Algemene Bank Nederland (ABN) in 1990 Groenink became a member of the board of the new group ABN AMRO.
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