DNB's governance is strongly based on its unique organisational structure and its broad remit in the national and European context.

DNB is managed by its Governing Board, which is responsible for the adequate fulfilment of DNB's duties. In its annual report and financial statements, the Governing Board provides an overview of the developments, decisions and results of the year under review. The Governing Board is accountable to the General Meeting . For its supervision, resolution and DGS tasks, the Board is accountable to the ministers of Finance and Social Affairs and Employment and documents the results in the annual independent public bodyreport.  

Many decisions are taken in the European context, with DNB as one of the decision-making partners.

  • The ECB's Governing Council decides on monetary policy.
  • The ECB's Supervisory Board prepares decisions regarding banking supervision
  • The Single Resolution Board decides on the orderly resolution of failing banks.  

Further information on DNB's Governing Board and its division of duties. 

Supervisory Board

The Supervisory Board (SB) advises the Governing Board and supervises

  • DNB's operational management and Board effectiveness
  • The Governing Board's policies with respect to its national tasks.

European decision-making on monetary matters and European payment systems are outside the scope of the SB's supervision.  

The SB's chief powers include:

  • authorisation of far-reaching Board decisions, for example on significant investments
  • adoption of DNB's budget and annual financial statements. 

The SB comprises seven to ten members, including one government-appointed member. SB members are appointed by the shareholder for four years. They can be reappointed. The current SB members are listed in the overview.  

General Meeting

DNB has one single shareholder: the Dutch State, which is represented by the Minister of Finance in the General Meeting. The Governing Board renders account to the General Meeting by presenting its annual report and financial statements over the past financial year. 

The General Meeting's chief powers include:

  • adoption of the annual financial statements
  • discharge of Governing Board and Supervisory Board members
  • appointment of SB members
  • appointment of the external auditor. 

Bank Council

The Bank Council acts as a sounding board for the Governing Board. The President discusses DNB's policies in the Bank Council. It comprises eleven to thirteen members. The current Bank Council members are listed in the overview. 

Dutch Corporate Governance Code

DNB attaches great importance to sound corporate governance. Although the Dutch Corporate governance code only applies to listed corporations, DNB voluntarily complies with its provisions insofar relevant to its organisational structure. 

More information

DNB's governance is further elaborated in the 1998 Bank Act, the articles of association, the rules of procedure and other regulations based on these documents.Further information on DNB's governance.