Bart Oldenkamp, chief executive at Cardano Risk Management in the Netherlands, is to stand down at the beginning of October as he seeks a new challenge.

Oldenkamp, who has been at the helm of the fiduciary manager since 2007, is to be replaced by ING Bank’s director of market risk Harold Naus (pictured).

Naus has been at the Dutch bank for 17 years in a variety of risk-management positions and is a member of the leadership council.

Prior to this, he worked for BNG Bank.

Oldenkamp will step down at the end of September and has indicated to IPE that he will take some time out while searching for another position.

He said he decided to leave Cardano some time ago but would only begin investigating other roles once he parted ways with his current employer and took some time off.

Under Oldenkamp’s guidance, the Dutch manager has grown its business in the Netherlands and also entered the UK’s fiduciary management and investment advisory market.

Cardano’s announcement of Oldenkamp’s replacement is still subject to approval from the Dutch Financial Markets Authority.

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