De Nederlandsche Bank announced that Steven Maijoor will step down from its Executive Board and as chair of supervision on March 1, 2027. Maijoor, who joined the board in 2021 and became supervisory chair in February 2024, is responsible for banking supervision, supervisory policy and legal affairs. Maijoor will focus on governance and supervisory roles, principally as chair of the IFRS Foundation Trustees. De Nederlandsche Bank’s Supervisory Board will begin the succession process and provide a further update at a later date.