NETHERLANDS – Robeco, the asset management arm of Rabobank, has named De Nederlandsche Bank’s Lex Hoogduin to succeed Jaap van Duijn as chief economist.

Robeco said the 49-year-old Hoogduin will take over from Van Duijn, who retired at the start of this month, on December 1. Van Duijn was chief investment officer at Robeco from 1998 to 2003.

Hoogduin is currently director of the scientific research division at the central bank and Professor of Monetary Economics and Financial Institutions at the Universiteit van Amsterdam.

It said he would be responsible for developing and communicating Robeco's macroeconomic view to institutional and retail clients and the media.

Hoogduin, a former adviser to former European Central Bank president Wim Duisenberg, will be based in Rotterdam and New York.

He recently spent one year in charge of the integration between the DNB and the pensions and insurance authority PVK.

“Change and continuity have so far been the basis of my work,” he said. “The economy and economic science represent the continuity factor in my new job at Robeco, while the market sector and the more Anglo-Saxon environment will involve several changes for me.”

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