Former ABN Amro Banker Schmittmann Kills Himself
THE HAGUE, 07/04/14 - Former ABN Amro executive Jan-Peter Schmittmann has apparently taken his own, his wife and his daughter’s life.
Three bodies were found in Schitmann’s home in Laren last Saturday. The police have confirmed that they were that of the former banker (57), his 57 year old wife and their 22 year old daughter.
A police spokesman speaks of a “family tragedy.” Although there are “strong suspicions” about what happened, he does not want to make any statements as long as the investigation has not yet been completed. A statement will follow later this week.
Schmittmann, who was with ABN Amro for 26 years, will go down in history as the man who went to court following the nationalisation of ABN Amro to force a severance settlement. Finance Minister Wouter Bos wanted to give him 2.3 million euros, but Schmittmann claimed 16 million and got half of this.
After he left ABN Amro, Schmittmann held no post of any note. “This has to do with the commotion around his severance settlement. Since that, he was controversial,” said a banker in Het Financieele Dagblad newspaper Monday.
Schmittmann was a confidante of former CEO Rijkman Groenink. He was one of the architects of his ambition of bringing ABN Amro to the absolute top. From 2003 to 2007, he was responsible for the Dutch arm of the bank.