Today five°degrees, a global banking technology company, announces the appointment of Wilco Jiskoot as Chairman of the Supervisory Board.

Mr. Jiskoot joins five°degrees following an extensive career in banking, including 32 years at ABN AMRO in which he occupied the role of Vice Chairman of the Managing Board. He is currently an advisor to leading investment fund companies; a member of the Supervisory Board at Jumbo: one of the largest supermarket chains in the Netherlands; and Chairman of HEMA: the Dutch global department store with branches across western Europe and the Middle East.

Mr. Jiskoot succeeds Loek van den Boog who recently accepted the position of Senior Advisor and Chairman of General Atlantic Netherlands. Mr van den Boog has made a significant contribution to five°degrees Supervisory Board over the last 8 years, and will continue to advise during a period of transition.

Martijn Hohmann, CEO, five°degrees said: “ We are excited to welcome Wilco Jiskoot as Chairman. Wilco is an authority in the banking sector with a wealth of experience and an outstanding track record. He will add tremendous value and I look forward to working with Wilco in the coming months, to continue to build the company and leverage the many opportunities open to us.”

Wilco Jiskoot said: “The banking sector is going through tremendous transformation. five°degrees is uniquely positioned to provide the right technology and guidance to the key players in this rapidly changing industry.”