Stichting Pensioenfonds SABIC (SPF)
Stichting Pensioenfonds SABIC manages the pensions for the employees of SABIC Europe B.V., SABIC Limburg B.V., SABIC Innovative Plastics B.V., SABIC Global Technologies B.V., SABIC Capital B.V., SHPP B.V., SHPP Sales B.V. and SHPP Global Technologies B.V.The Board
SPF is an independent foundation managed by the board, which independently determines how the pension fund operates. The employers collectively nominated four members. The Works’ Councils at SABIC nominate two members, while retirees nominate another two members (themselves retirees). The two external Board professionals are appointed by the fund. The new Chairman, Arnout Korteweg, is appointed by the Board.Click here for more information on the profiles of Board Members.Supervisory Board
The activities of the Board are monitored by the Supervisory Board. The Supervisory Board monitors for example the policy, adequate risk management and a well-balanced evaluation of interests. The Supervisory Board comprises three experts who are independent of the pension fund.
The Accountability Council (AC)
The Accountability Council (AC) has the authority to evaluate the Board’s performance, policy decisions, and policy implementation. The Council is made up of six members.
for more information on the profiles of Accountability Council Members.
The brochure 'Organisation of SPF' on this page contains more information about SPF’s mission, the board, the Supervisory Board and the Accountability Council.
DSM Pension Services (DPS)
The board has delegated the actual activities of the pension fund to DSM Pension Services, although it remains accountable for everything that DSM Pension Services does.