Standard Life Investments

Press Release

Standard Life Investments goes double Dutch

09  January  2014

Standard Life Investments, the global asset manager, today announced it has appointed a second investment director for the Netherlands, to be based in the country.

Johan Langerak has been appointed as Investment Director for The Netherlands. He joins fellow director Pat Woods who has been responsible for Dutch business development at Standard Life Investments for over ten years, as part of a growing European business team of 16 people.

Johan (51), who has worked in the Dutch investment market since 1990, has considerable knowledge and experience of financial institutions and a strong track record in business development and client relationships. He was previously head of Benelux institutional and wholesale business for Bank J. Safra Sarasin. Before that, he was head of one of the institutional management teams at ING Investment Management.

Together Johan and Pat will form a strong partnership, to ensure that clients have the right investment solutions for their needs, whilst developing and expanding sales opportunities across the Netherlands.

Standard Life Investments has been active in the Dutch market for more than ten years, working closely with Fiduciary managers there. The strong fixed income and equities product ranges, together with innovative absolute return solutions, have proved to be an optimal suite of strategies for the Dutch market place.

Jennifer Richards, Co-Head of European Business for Standard Life Investments, said:

Jennifer Richards

"It’s great to welcome Johan on board, his expertise will help us to widen the opportunity set in the Netherlands, working alongside Pat who has been very successful in growing the business with a wide range of clients in Fixed Income, Real Estate, Private Equity and Absolute Returns.

“As part of the strategy to expand our European footprint we plan to continue strengthening the team with senior people based in key countries, who have experience of working in those local markets.

“We've hired six new people in the European team in the past year, bringing a range of experience and skills which will help to propel Standard life Investments further into Europe, as part of our commitment to expand our global franchise.”

Standard Life Investments SICAV funds have public distribution status in 14 European countries (Denmark, Finland, Sweden, Germany, Netherlands, Belgium, France, Italy, Ireland, Luxembourg, Norway, the UK, Switzerland and Spain), with a third party AUM across Europe of €12.2bn Euros (£10.2bn), over 10% of the total third party AUM of €112.7bn (£94.2bn) at 30 Sept 2013.

Concise CV
Johan Langerak, Dutch citizen, born in 1962. Johan holds a degree in economics from the University of Tilburg and RBA.

Johan started his professional career in 1990 with the International Economic Research Department of Rabobank International (Utrecht). In 1992 he moved to Centraal Beheer/Achmea, where he first worked as an economist in Macro Economic Research and Investment Strategy and later as Client Relationship Manager in Institutional Investment Management. He joined ING Investment Management in 1999 as Head of the Institutional Management Team. Since 2009 Johan was Head of Institutional and Wholesale Clients Benelux with Bank J. Safra Sarasin, responsible for client servicing and relationship management as well as business development.