Ex-ABN Amro CFO found dead - 29 Jun 2009 - Financial Director Analysis

The former chief financial officer of Dutch bank ABN Amro has been found dead with shotgun wounds near his home in Surrey, the BBC has reported.

Huibert Gerard Boumeester was found dead yesterday, Sunday, with shotgun wounds, one week after being reported missing and “vulnerable”. Reports claim he was found with two shotguns which he had brought from his home, though Thames Valley Police say his death is currently being treated as "unexplained".

Boumeester, 49, left his role as CFO encompassing responsibility for group-wide finance, risk management, investor relations, communications and strategic decision support in March 2008 citing "personal reasons" six months after ABN Amro was bought by Fortis, Royal Bank of Scotland and Santander. The Dutch government now owns Fortis Bank and has taken direct ownership of its stake in ABN Amro. The British government owns most of RBS.

An ABN Amro careerist who joined over 20 years previously as a management trainee, Boumeester had served on the management board prior to his appointment as CFO and had been the board member responsible for the group's merger and acquisition portfolio and group risk management and served as chief executive of ABN Amro Asset Management. Latterly he was a director at ABN Amro Asset Management, Montag & Caldwell and Artemis Investment Management.

There are suggestions that Boumeester took his own life, echoing the apparent suicide of Freddie Mac CFO David Kellerman just two months ago.