Director of Eumedion and former corporate governance advisor to the Ministry of Finance endorses the importance of executive pay for managing companies
Last month Rients Abma was appointed as a member of the advisory council of Reward Value. A special milestone because institutional investors play an important role in making the transition to remuneration policies that contribute to long-term value creation for all stakeholders. With Abma as an addition to the existing advisory council, Reward Value can continue to build on the future and accelerate the transition.
“Linking executive pay to sustainability factors is a very effective way to steer a company towards achieving the sustainability objectives it has set for itself. Reward Value can deliver the instruments how this could be done” – Rients Abma
Mr. Rients Abma (1971) has been the executive director of Eumedion since the 1st of January 2006. Eumedion is the Dutch Corporate Governance and Sustainability Platform for Institutional Investors. Between 2000 and 2005, Abma worked at the Ministry of Finance as a senior policy advisor in the corporate governance area. In 2003 he was the secretary of the “Tabaksblat” Committee (the Dutch Corporate Governance Committee) and between 2004 and August 1, 2005 secretary of de Monitoring Committee Corporate Governance Code (Frijns Committee). Between February 1996 and February 2000 he worked as the secretary of Economic Affairs at the employers’ federation VNO-NCW.
Rients Abma is also member of:
- the Netherlands Authority for the Financial Markets (AFM) Capital Markets Committee
- the AFM Advisory Panel of Representative Organisations
- the Stakeholders Forum of The Royal Netherlands Institute of Chartered Accountants (as Chair)
- the Advisory Board of the Institute of Internal Auditors in the Netherlands
- the Advisory Board of the Business and Law Research Centre of the Faculty of Law of the Radboud University Nijmegen
Between July 2007 and September 2011, Abma was Board member of the International Corporate Governance Network (ICGN). Rients Abma earned his Masters degree in General Economics, with concentrations in Monetary Economics, from the University of Groningen.