Read the brief profiles about members of Triodos Bank’s management team.
Triodos Bank’s shares and management
Triodos Bank is a European bank with branches in The Netherlands (Zeist), Belgium (Brussels), the United Kingdom (Bristol), Spain (Madrid) and Germany (Frankfurt). The head office is in The Netherlands.
SAAT - Foundation for the Administration of Triodos Bank Shares
Triodos Bank believes it is crucial that its mission and identity is protected. As a result, all Triodos Bank's shares are held in trust by SAAT - the Foundation for the Administration of Triodos Bank Shares. SAAT then issues depository receipts for Triodos Bank shares to the public and to institutions. These depository receipts represent the monetary shares of Triodos Bank NV. In addition, they exercise voting rights for the Triodos Bank NV shares. SAAT's Board of Management's voting decisions are guided by the Bank's ethical goals and mission, its business interests, and the interests of the depository receipt holders.
Triodos Bank depositary receipts are not listed on any stock exchange. Instead, the Bank maintains an internal market.
Depository receipt holders
Depository receipt holders are entitled to vote at the Annual General Meeting of depository receipt holders. Each depository receipt holder is limited to a maximum of 1,000 votes. The Annual General Meeting of depository receipt holders appoints the members of the Board of SAAT, based on its recommendations. These recommendations must be approved by Triodos Bank’s Statutory Directors. No depository receipt holder may hold 10 per cent or more of all issued depository receipts.
Triodos Bank has a Supervisory Board, which monitors the Bank’s business operations and advises and assists its Executive Board, to benefit its business interests. New members of the Supervisory Board are appointed by the Annual General Meeting, based on recommendations from the Supervisory Board.
The Executive Board
The daily management of Triodos Bank lies with the Executive Board. The Executive Board consists of the Statutory Directors and one or more managers appointed by the Statutory Directors. The Statutory Directors are formally responsible for the management of Triodos Bank and are appointed by the Supervisory Board.
- Prospectus - 25 July 2012.pdfPDF 708.4 KB
- Articles of Association IssuerPDF 94.1 KB
- Articles of Association Triodos Bank NVPDF 120.8 KB
- Adminstrative Conditions IssuerPDF 106.2 KB
- Triodos Bank Annual Report 2011PDF 695.7 KB
- Triodos Bank Annual Report 2010PDF 449.8 KB
- Triodos Bank Annual Report 2009PDF 2.0 MB