Intended MB-member will chair DLL’s Executive Board per 1 May 2024

DLL, a global asset finance company for equipment and technology and subsidiary of Rabobank Group, announced today the intended appointment of Lara Yocarini as Chief Executive Officer (CEO) and Chair of the Executive Board of DLL, for a term of four years, per 1 May 2024. Yocarini will succeed Carlo van Kemenade, who will join the Managing Board of Rabobank Group as Director Retail Netherlands per 1 April 2024.

Lara Yocarini will also join Rabobank’s Managing Board per 1 May 2024 and will be responsible for the group-wide vendor finance activities. With this decision, Rabobank emphasises the strategic importance of its leasing activities and its ambition to consolidate its global leading position in Vendor Finance. As a subsidiary of Rabobank, DLL will remain an independent entity. All of the appointments mentioned above are subject to final approval of the applicable regulatory authorities.

Lara Yocarini is an accomplished executive who has worked across Europe, the United States and Africa, in finance, management consulting and not-for-profit organizations. Yocarini joined Rabobank’s Wholesale and Rural business early 2020 and has been instrumental in driving its global strategic transformation and sustainability agenda. Since October 2021, she has been leading international rural banking globally, as well as our activities in emerging markets through Rabo Partnerships.

Yocarini brings a diversity of experiences from inside and outside Rabobank. She has worked on different continents for organizations such as Natixis CIB, McKinsey & Company and the United Nations Development Program. Her areas of expertise include strategy development, business development, transformations and commercial excellence.

Lara Yocarini noted: “I feel incredibly privileged to become the CEO of DLL and to join the Managing Board of Rabobank. Under Carlo’s leadership, and thanks to its fantastic teams, vendor partners and customers, DLL has rightfully become one of the three strategic pillars of the Rabobank Group. I look forward to contributing to the next chapter of DLL’s growth and to cementing its position as the leading global vendor finance company”.

On behalf of Rabobank's Supervisory Board, Chair Marjan Trompetter said she’s very pleased with the appointment of Lara Yocarini at DLL. “With the transfer of Lara Yocarini another executive from within the Rabobank Group takes a leading position. From her start at Rabobank, she has proven to be of great value to the Group. Lara managed to build a broad network in no time, and as a leader, she works with others to create structured solutions based on her drive for creativity, dynamism and innovation. She has the ability to reflect and encourages herself and others to broaden their perspective. These qualities make her uniquely positioned to lead the group-wide vendor finance activities”.

Chair of the Rabobank Managing Board Stefaan Decraene: “I’m convinced Lara is going to be successful in leading DLL and guiding the group-wide vendor finance activities to the next level. Lara is a strategic thinker and has a great talent for complex problem solving. At the same time she is strong in building relationships with a focus on collaboration. She is purpose driven with a passion for change and people. With her can-do mentality, high agility and eye for the people around her, she is someone who encourages teamwork and gets the job done”.

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