ABN AMRO Bank NV announced that Chief Human Resources Officer (CHRO) and member of the Executive Board, Gerard Penning, will leave the bank on 1 December 2022. This was mutually agreed by the bank and Gerard Penning. Gerard Penning joined ABN AMRO's in August 2020, at a time when the bank faced unprecedented HR challenges, such as the global pandemic, the wind-down of operations in Asia-Pacific and the United States and major organisational changes in the bank's senior management.

Gerard led the HR department through turbulent times. In his approach, he has consistently demonstrated personal drive and pragmatism.