Roderick Munsters is stepping down as chief executive of Robeco, two years on from the €273 billion Dutch asset manager's acquisition by Orix Corporation of Japan from Rabobank.

His decision to resign was confirmed in a September 8 statement from Robeco, which he joined as chief executive in 2009. In the statement, Munsters said: "Two years after the acquisition by our new shareholder, Robeco is in good shape with a solid financial performance and a strong long-term strategy. This is therefore a natural moment for me to hand over my responsibilities to new leadership."