ABN Amro CEO-elect Robert Swaak faces AML, M&A test

Former PwC executive Robert Swaak is a 'safe pair of hands', but a money laundering investigation and negative rates heighten existential doubt at ABN Amro.

ABN Amro names Robert Swaak as CEO

Robert Swaak is largely unknown, even in the relatively close-knit banking community of the Netherlands, but after a career at the Dutch branch of PwC, he is assuming one of the most influential roles in banking in the country, if not in Europe.

As chief executive of ABN Amro from this April, Swaak will determine the future of what was once a global investment bank. It is still one of three firms that dominate banking in the Netherlands.

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