Dutch banking major ABN Amro Group has promoted its CFO Kees Van Dijkhuizen to the role of CEO, replacing Gerrit Zalm.

Van Dijkhuizen, who joined ABN AMRO in May 2013, supported the lender during its initial public offering (IPO) of shares in 2015.

ABN Amro said that as CEO, Van Dijkhuizen will be responsible to deliver the strategic targets announced to the market at the time of the bank’s IPO in November 2015.

“He will, in consultation with NLFI, create the conditions for the Dutch government to further sell down the remaining shareholding,” the Dutch lender said.

Van Dijkhuizen's appointment is subject to regulatory nod, which it the bank anticipates to come in mid-February of 2017.

Van Dijkhuizen served as CFO of NIBC Bank from 2005 to 2013. He also held roles at the Dutch ministries of finance and economic affairs, including director general of the budget at the ministry of finance and treasurer general.

ABN Amro chairman of the supervisory board Olga Zoutendijk said: "Kees van Dijkhuizen has solid experience and a strong track record as CFO of ABN AMRO, and has held multiple senior executive positions in the banking industry and the public domain. His experience, combined with his personal integrity and leadership style and extensive network, make him well-suited to lead ABN AMRO."

In September 2016, the bank confirmed the departure of Zalm, who took charge of the bank during the financial crisis in 2009.