Dutch asset manager Bouwinvest has made a new appointment to its supervisory board which completes the team, after the previous four members resigned en masse last year.

Gabrielle Reijnen

Gabrielle Reijnen

Gabrielle Reijnen is the latest addition to the board of the pensions investor, having previously worked at ABN Amro as managing director, at the Royal Bank of Scotland as head of corporate coverage, and at Alvarez & Marsal. She has more than 25 years’ management experience in client and portfolio management.

The hire by Bouwinvest completes the process of reforming the company’s supervisory board, following a falling-out over strategy at the firm, which saw all four previous incumbents of the board dramatically quit, in December 2018.

Reijnen’s recruitment follows those of Jos Nijhuis, Jos van Lange and Wendy Verschoor, and signals a new phase with the board now fully staffed.

Dick van Hal, CEO of Bouwinvest, said: ‘With this appointment the Supervisory Board is once again complete and able to focus on the future as we pursue our growth ambitions.’

The company has assets in five Dutch property funds and three international investment mandates in Europe, North America and Asia-Pacific. Bouwinvest is invested in affordable housing in the Netherlands – of which there is a shortage.

Its portfolio is concentrated in the ‘Holland Metropole’ region, comprising the cities of Amsterdam, Utrecht, Eindhoven, Rotterdam and The Hague. Bouwinvest is also active in the hotel, healthcare, residential, logisitcs, office and retail sectors.