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ABN Amro Ex-CEO Found Dead

Tyler Durden's picture


A mere two weeks since former JPMorgan banker, Kenneth Bellando jumped to his death, Bloomberg reports that the former CEO of Dutch Bank ABN Amro (and his wife and daughter) were found dead at their home after a possible "family tragedy." This expands the dismal list of senior financial services executive deaths to 12 in the last few months. The 57-year-old Jan Peter Schmittmann, was reportedly discovered by his other daughter when she arrived home that morning. Police declined to comment on the cirumstances of his (and his wife and daughter's) death. This is not the first C-level ABN Amro banker to be found dead. In 2009, former CFO Huibert Boumeester was discovered with (assumed self-inflicted) shotgun wounds.


As Bloomberg reports,

Former ABN Amro Group NV Netherlands Chief Executive Officer Jan Peter Schmittmann, his wife and a daughter were found dead at their home today after a possible “family tragedy,” Dutch police said.


The bodies of a father and mother and their daughter were found at the property” in the town of Laren, 32 kilometers (20 miles) southeast of Amsterdam, Dutch police said in a statement on their website today. Leonie Bosselaar, a police spokeswoman, said in a telephone call with Bloomberg News that the deceased were Schmittmann and two family members.


The police received a call around 10:30 a.m. local time from a family acquaintance who said something may be wrong at the property, according to the statement. Bosselaar declined to comment further on what may have happened.


The Dutch newspaper AD reported, without citing anyone, that the family was discovered by Schmittmann’s second daughter when she arrived home this morning. She was scheduled to travel to India with her parents, where she had an internship lined up, the newspaper said.


Schmittmann, 57, joined ABN Amro in 1983 as assistant relationship manager and was named head of the lender’s Dutch unit in 2003. He stepped down from the Amsterdam-based bank in December 2008, after the company was nationalized earlier that year.

Sadly, given recent trends, the default assumption is that it is suicide until proven otherwise which is just as disturbing from a sociological perspective. (on the bright side, at least as far as we know, we was not involved in HFT) but further to that, this is not the first ABN Amro seniot executve to be found dead. In 2009, Schmittmann's former CFO was found dead from shitgum wounds:

The former chief financial officer of Dutch bank ABN Amro has been found dead with shotgun wounds near his home in Surrey, the BBC has reported.


Huibert Gerard Boumeester was found dead yesterday, Sunday, with shotgun wounds, one week after being reported missing and “vulnerable”. Reports claim he was found with two shotguns which he had brought from his home, though Thames Valley Police say his death is currently being treated as "unexplained".


Boumeester, 49, left his role as CFO encompassing responsibility for group-wide finance, risk management, investor relations, communications and strategic decision support in March 2008 citing "personal reasons" six months after ABN Amro was bought by Fortis, Royal Bank of Scotland and Santander. The Dutch government now owns Fortis Bank and has taken direct ownership of its stake in ABN Amro. The British government owns most of RBS.


There are suggestions that Boumeester took his own life...

Schmittmann owned 2phase2 (apparently an asset management company) and was a co-founder of 5 Park Lane (what appears to be a private equity / management consultancy) according to his LinkedIn profile:



This brings the sad list of senior financial services exectives who have died in the last few months to 12:

1 - William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

2 - Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

3 - Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

4 - Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

5 - Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

6 - Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

7 - Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

9 - James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death

10 - Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train

11 - Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.

12 - Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.

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Sat, 04/05/2014 - 18:19 | 4628709 Cattender
Cattender's picture

Another one bite the Dust.. and Another ones Down and Another ones Down and Another one bite the DUST!

Sat, 04/05/2014 - 18:24 | 4628720 rubiconsolutions
rubiconsolutions's picture

Peak Executives

Sat, 04/05/2014 - 18:44 | 4628778 0b1knob
0b1knob's picture

Some low level CIA guy jumped (was pushed?  thrown?) off a bridge recently too.

Along with all the high level military people being fired or forced out it looks like Obama's plan to proclaim himself President for life / emperor / living god is moving right along.

Sat, 04/05/2014 - 18:47 | 4628799 bania
bania's picture

If you think bankers salaries are high wait until they start demanding danger pay

Sat, 04/05/2014 - 18:54 | 4628819 0b1knob
0b1knob's picture

Killed by shotgun blasts?   See that's what happens in Euro coutries when they ban rifles and handguns.   Now people use messy and inhumane shotguns.

What next nail guns?  Oh wait.....

Sat, 04/05/2014 - 19:04 | 4628849 dryam
dryam's picture

Too many people know too much stuff about insider financial theft, market manipulation, and lies to the public.  Silencing a few will not prevent the entire scam from falling apart.

Sat, 04/05/2014 - 19:23 | 4628904 ParkAveFlasher
ParkAveFlasher's picture

Good point.  Wake me the IT guys start getting off'd.

Sat, 04/05/2014 - 20:34 | 4629034 zerozulu
zerozulu's picture

Interesting thing is that daughter came home before THE CLEANER.

Sat, 04/05/2014 - 20:42 | 4629047 Keyser
Keyser's picture

Sooner or later one of these banksters will wake up in fear of what he knows and may decide to report it to "someone". The only problem is that whistle blowers are villified worse than the criminals they report these days. The whole system is rigged from the inside out.  

Sat, 04/05/2014 - 20:51 | 4629067 666
666's picture

Wake me up when Dimon or Blankfein commit suicide. Then I'll know there's a real change coming...

Sat, 04/05/2014 - 20:57 | 4629078 cifo
cifo's picture

This proves it again that it's a high risk - high reward occupation.

Sat, 04/05/2014 - 22:10 | 4629190 TruthInSunshine
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The more senior level bankers that are dead or dying, the better.

I am not trying to be indifferent to the feelings of their family members & those who love them, and realize that this sounds callous & mean-spirited, but from a factual standpoint, we must all acknowledge that banks and those who administer them, represent them, lobby on their behalf, and otherwise help a d contribute to ongoing fractional reserve banking practices are a major reason why so many economies are so sick, and perhaps the biggest contributing factor for the unprecedented widening and concentration of the wealth gap, which truly is on the cusp of wiping out the remainder of the middle class in developed economies,'while suppressing the growth of middle'classes in emerging ones.

Banking is not only NOT a noble vocation, occupation or industry, but it is part & parcel of the financialization of economies, which supplants real'economic growth with nominal growth, shifts, rather than creates, new real wealth, is real productivity net-negative, and is smothering true capitalism & free market economics, and is undermining the most core underpinnings of society and the social contract between the citizenry and the government that is supposed to ne empowered yet restrained by the citizenry.

Banking, bankers and financial actors are a modern day malignant cancer, socially & economically, and a potent threat to sovereign nations and citizens everywhere.

They are a major public enemy of free men and free markets.

Sat, 04/05/2014 - 23:12 | 4629261 Richard Chesler
Richard Chesler's picture

Fuck him and Obozo's masters. 


Sun, 04/06/2014 - 00:37 | 4629354 Pinto Currency
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Bank of England IT Manager Christopher Dymond was the first.

He committed suicide with multiple stabs to the chest and arms.

These articles don't say it but he was missing for several days before being fouind.





I.T. at the Bank of England is stressful with all that rehypothecated and leased gold.

Sun, 04/06/2014 - 01:24 | 4629395 strannick
strannick's picture

From killing bankers to women and children. 

Sun, 04/06/2014 - 02:35 | 4629424 Wile-E-Coyote
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I have seen this before, a businessman killed his wife and child (shotgun), then all the family pets including a horse, barricaded his drive and set fire to the house, then shot himself with a shotgun. It turned out his business was in ruins and he didn’t want his family to live in poverty. They were about to lose everything. http://news.bbc.co.uk/1/hi/england/shropshire/7981103.stm

Sun, 04/06/2014 - 06:44 | 4629530 GetZeeGold
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What do dead bankers and dead CIA operatives have in common?




Keep your eyes open folks for stories about this glittery substance. Much going on that needs to surface. - Dr. Jim Garrow


Mon, 04/07/2014 - 02:39 | 4631485 The Navigator
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Like the joke about 'what's 100 lawyers found dead at the bottom of a river"

A good start.

Sun, 04/06/2014 - 10:32 | 4629730 giggler321
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If I remember rightly, there was email leaks from the BoE that involved LIBOR; a week or so later this guy who happened to be the I.T. manager was found dead in his car in some car park after having fallen on a knife like 7 times with the last one cutting his throat.  That's suicide right?

Just remember - the 5 or so media companys run everything, ignoring truth.

Sat, 04/05/2014 - 23:27 | 4629282 Lore
Lore's picture

The more senior level bankers that are dead or dying, the better.

These guys are still essentially monkeys, not organ grinders.  Monkeys are expendable.  Organizations that cross to the dark side accumulate dirt and eventually start burning monkeys with greater and greater frequency to delay consequences for the Top.  The pattern doesn't change until core dirt lies exposed. If you're a monkey in a corrupt environment and fear getting burned, keep a thorough paper trail and store portions in multiple locations, including one or more where only you can retrieve them.

How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]

If you have dirt and cause others to get hurt through your inaction, you share responsibility.

Sun, 04/06/2014 - 00:09 | 4629331 holdbuysell
holdbuysell's picture

Indeed, TS.

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

Lord Acton

Sun, 04/06/2014 - 01:15 | 4629387 All Risk No Reward
All Risk No Reward's picture

Hey, don't forget the two FBI agents involved in the Boston Bombing Charade (BBC) "falling" out of a helicopter to their deaths weeks after the Big Chararde.

It is all random chance, people.

Breitbart was killed the same day he was going to release bad information on BankstObama...  that's no more unusual than Dr. Forster being shot in his bathroom soon after Hitler was elected dictator...  he was the doctor that treated Hitler during his blinded crazy time in WWI.  It's all random chance, people!**  Or Michael hastings...  his tranny blew 50 yards from his car wreck after the FBI opened an investigation on him just through happenstance.

You know that the NDAA requires the President to publicly tell us Americans whenever he issues as kill order of an American citizen on the American battlefield, right?









**Funny, US intelligence thought Forster was a Nazi hit...

Sun, 04/06/2014 - 08:55 | 4629636 GetZeeGold
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Don't forget Tom Clancy.

Sun, 04/06/2014 - 09:06 | 4629650 Squid Viscous
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Wellstone, Ron Brown, Vince Foster...

Sun, 04/06/2014 - 09:18 | 4629668 Debt-Is-Not-Money
Debt-Is-Not-Money's picture


Does this remind you of a Mario Puzo novel playing out over time in real life?

Who is Michael Corleone today?

Sun, 04/13/2014 - 00:41 | 4653217 All Risk No Reward
All Risk No Reward's picture

No.  The good novels don't unveil the plot in such an obvious way.

Sun, 04/06/2014 - 10:03 | 4629707 Olephant
Olephant's picture

Just like the mafia.

Sat, 04/05/2014 - 21:10 | 4629105 DirkDiggler11
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Yep, seems like "the Group" was sending the underlings as message when you can't "Corzine" enough of your clients phyz Gold to cover withdraws. Notice the sent the Wolf to not only take out the banker, but his family too, leaving just one it tell the tale perhaps .... So, the rest of you fuckers better do whatever it takes to keep the Gold Ponzi balls in the air... Whatever it takes, our your wife and kids get too ... Think that message is getting through ?

Sat, 04/05/2014 - 22:29 | 4629217 jeff montanye
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it may be beyond the will of even the anglo american banking cartel.  the ukraine/crimea is beginning to look like the bridge too far.  check out http://www.24hgold.com/english/news-gold-silver-emerging-dynamics-of-pet... for cogent analysis, imo.  

and stay with it as it has a strong finish.

Sat, 04/05/2014 - 19:38 | 4628936 h0oS
h0oS's picture

That would be like killing useful idiots. As an "IT guy" I can tell you most are young, dum, and suffer from various forms of what in the "west" is described as mental illness.

Sat, 04/05/2014 - 20:52 | 4629069 zerozulu
zerozulu's picture

No witness protection for bankers, Ha ha hha

Sat, 04/05/2014 - 21:02 | 4629059 fockewulf190
fockewulf190's picture

"Silencing a few will not prevent the entire scam from falling apart."

Indeed, you may be correct.  As of yet though, there has been precious little information from authorities which could expose what specific type of "scam" has taken place other than to suggest by proxy it must be financial because of the job descriptions of the victims.  It looks like someone, or some organisation, has a Deadpool list...and no witnesses are allowed. Looks like there could be some very professional assassins at work.

There must be very powerful people and/or institutions of power under such severe threat, or who have been so seriously financially damaged  (revenge?), that these assassination measures are being taken. Some may have been eliminated outright while others may have been given the Rommel choice: either death by their own hand, or choose option B which may include family members.

Sat, 04/05/2014 - 21:10 | 4629104 Bangin7GramRocks
Bangin7GramRocks's picture

This is where the story falls apart. All of the crimes are already exposed! The government has admitted that these people are above the law. They have nothing to fear. Jamie Dimon's crew has been caught breaking every law a bank can break and they are still making money and he is safely in his mansion. 

Sun, 04/06/2014 - 10:56 | 4629749 waterwitch
waterwitch's picture

With Putin being former KGB, and JPMorgue putting the screws to Russia, seems to me that Jamie D would be a logical target.

Sun, 04/06/2014 - 17:48 | 4630545 layman_please
layman_please's picture

Exposed? By alternative media you mean? Well the problem is the alternative media is an alternative universe which has no connection to the reality where average Joe and decision-makers exist. There are plenty of news about the systemic crimes and corruption in the mainstream media but problem is they are separate events and Joe Sixpack can't put them together to see the big picture (rampant conspiracy) if somebody doesn't spell it out for him.

I'm more concerned about what else are we not aware of which is worth terminating lives. Probably we haven't seen nothing yet.

Sun, 04/06/2014 - 04:34 | 4629478 beaglebog
beaglebog's picture

If that is, indeed, what this is about ... then, each death will frighten those other knowledgeable people.


Some will be tempted to turn "Queen's evidence" in the hope of receiving protection.

Sat, 04/05/2014 - 19:04 | 4628850 BlindMonkey
BlindMonkey's picture

I think this was death by shitgum.   If that was indeed a typo, please don't fix it.  

Sat, 04/05/2014 - 19:23 | 4628901 CheapBastard
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I thought shitgums were illegal in Holland?

Sat, 04/05/2014 - 20:00 | 4628980 Anusocracy
Anusocracy's picture

Moral of the story: mothers, teach your children to not swallow their gum.

Sat, 04/05/2014 - 20:32 | 4629030 knukles
knukles's picture

S'wat happens when you can't shit an chew gum at da same time

Sat, 04/05/2014 - 21:03 | 4629091 Whoa Dammit
Whoa Dammit's picture

Shitgumming = Being macerated to death by a horde of zombie pensioners.

Next up: Double banker suicide by hanging using an adult diaper as the noose.

Sat, 04/05/2014 - 22:38 | 4629233 williambanzai7
williambanzai7's picture

Shit gum is actually a Dutch beverage.

Sat, 04/05/2014 - 23:18 | 4629271 bonderøven-farm ass
bonderøven-farm ass's picture

Death by 'Shitgum'.  Evidence that periodontal disease can be fatal.

Sun, 04/06/2014 - 08:45 | 4629624 GetZeeGold
GetZeeGold's picture



Looks like the Lone Junkster finally woke up this morning.


Where ya been amigo?

Sun, 04/06/2014 - 10:01 | 4629692 25or6to4
25or6to4's picture

Junkster hasn't swallowed their shitgum yet. And he is shameless, even junked WB7's comment!

Sat, 04/05/2014 - 23:46 | 4629305 Hurricane Harry
Hurricane Harry's picture

I'm rooting for public self-immoliation.


That has style.

Sat, 04/05/2014 - 20:07 | 4628998 Ban KKiller
Ban KKiller's picture

"When you outlaw shitgum only shitgummers will have shitgum". Time magazine 1989 opinion page. 

Sun, 04/06/2014 - 01:35 | 4629401 monkeyboy
monkeyboy's picture

I went back to re-read the original typo and thought it was in relation to the recently deceased, former CEO of ABN named Shitmann.


Shitmann - Schmittmann


Tomato - tomato

Sat, 04/05/2014 - 20:37 | 4629037 Overfed
Overfed's picture

Can't believe the Tylers haven't picked up on this one.


Sat, 04/05/2014 - 20:53 | 4629071 PT
PT's picture

Ban tall buildings!  Buildings should be no more than 6ft tall and with gently sloping 300 walls and airbags at the bottom.  Anything else is waaaaay tooo dangerous.  Tall buildings cause traffic problems as people queue up to enter and leave, and are only used to artificially jack up the price of the land underneath them.

You don't ... - nobody needs a 30 storey building.  Buy a log cabin!  Buy a log cabin!

Do NOT follow this link or you will be banned from the site!