> DOUBLE INTERVIEW
One ‘captain’ makes way for another
After fifteen years, Erwin Cramer is leaving the Administrative Office of Bpf Koopvaardij. The Administrative Office is the eyes and ears of the Board, and ensures that the Board can take decisions effectively. Erwin handed over to René Hamstra as director on 1 January 2024, and on 1 September he will finally be leaving. Together they look back and look ahead. ‘Like on a tandem bike’ – that's how Erwin Cramer (64, left in the photo) and René Hamstra (52, right) describe their collaboration and the transfer from one director to another. Until 1 January, Erwin was being the front rider of the tandem (captain) and René was looking over his shoulder (stoker). Since the beginning of 2024, it’s been the other way round. René is now in charge and Erwin assists and advises where necessary and possible, up until 1 September. René: ‘It’s very gratifying that I can still call on his knowledge, expertise, and experience for so long. I've been able to first practice football on the training pitch, so to speak, then play along on the main pitch, and as of 1 January I'm the referee, the boss of the pitch.’ Erwin is also pleased with the way the transfer is taking place. ‘It’s been really natural. It's like Laurel and Hardy: one leads and the other finishes. We’re very much in tune with one another. It's going really well, and we have everything under control.’ Erwin is glad that it's Rene who’s taking over from him. 'He's the right person for the job: for the connection with people and because of his experience with the merchant navy sector. So he's a really good choice for the fund.’ Expressing an opinion They've known each other for 18 years now, and started working closely together in 2009, when Erwin set up the Administrative Office. At the time, René was working for MN, the company that until recently did the pension administration for the fund (more about that later). In July 2022, René moved to the Administrative Office. ‘I came in as the risk management, audit and compliance manager, and I was the privacy officer of the fund. Prior to that, I’d worked for MN for 26 years. During my first 18 months at the Administrative Office, I realised that the fund works differently viewed from the inside than when I was on the administration side. Here’s a brief example: when I worked at MN, we would submit a memo to the Administrative Office and the Board would express its opinion on it. I now get the same kind of memos from MN and I'm the one who's expected to express an opinion on them. Together with my Administrative Office colleagues, I'm then the eyes of the Board. I have to see what the Board will need before it can arrive at the right decision. I was less involved with that when I was at MN. “Expressing an opinion” has become more important than “delivering something”.’ Based on relationships Before Erwin was asked to set up the Administrative Office, he already had quite a bit of administrative experience, so it was then a logical step for him to become the director. A lot has changed in all the years that Erwin has been in charge. ‘For one thing, the Administrative Office itself, which I started up with just two employees, Doro Oppelaar and Rajesh Grobbe. I had about 30 meetings a year, with the Board and with the investment committee. The Administrative Office now has a staff of about ten people and we arrange more than 100 meetings a year, along with all sorts of other consultations.’ To manage all that, says Erwin, a director needs to make sure he appoints the right people. ‘The better you're able to gather people around you to do the job with you, the more manageably and effectively you can do your job as director. I think it’s important to connect people. I always work very much based on relationships. René too by the way, in that we’re similar.’
Erwin views the future of the fund with real confidence. ‘With René, the Administrative Office is in a very safe pair of hands’
Weather house The tandem method may be perfectly clear to René and Erwin, but they still sometimes get asked about it. René: ‘The usual question is, of course, “how does that work, having two captains on the one ship?” The simple answer is that there's only one captain and as of this year, that's me. We share the work between us. It’s a bit like the traditional weather house; we decide who will take action depending on the particular topic.’ When the (Dutch) Future Pensions Act (Wtp) is concerned, René is the appropriate person. He was already the project leader of the Wtp administrative working group and he remains so, although the management tasks – writing memos, drawing up meeting agendas – are now dealt with by other people. ‘My job is more to monitor the overall picture,’ he says.
Another major project involves the transition from one administrative organisation to another. The administration of pensions for seafarers (and retired seafarers) was handled by MN until 1 July, when PGGM took over. Erwin: ‘René supervised the transition, with me supporting him. It involved contracts and agreements, and setting up new processes. So to manage all that, René asked me to stay on until 1 September, and I was happy to agree.’ No sea legs Once he has actually retired, Erwin will be devoting more time to the Knarrenhof project in the village of Neck (province of Noord-Holland), a residential complex for people aged over 55 who help one another, with senior-citizen facilities nearby. ‘The idea is that you can live there for the rest of your life.’ Whether he will be living there himself remains to be seen, because the complex isn’t yet up and running. ‘Within the next few years, my wife and I may perhaps be moving to Spain. We’ve been going there for years and we really like the climate.’ He doesn’t see himself buying a boat anytime soon: ‘I don't have the necessary sea legs! I've occasionally been invited on board a pilot boat, but if the wind is stronger than force 5, you won't find me on a ship. I do like watching Deadliest Catch on the Discovery Channel: how those guys risk their lives catching crabs in the Bering Sea – incredible!’ Every euro counts Erwin is relaxed about leaving the Administrative Office: ‘I view the future of the fund with real confidence. With René, the Administrative Office is in a very safe pair of hands.’ René: Our main focus now is getting our members into a sound scheme that we've agreed with the social partners. And in doing so, we'll fight for every euro so as to keep the administration costs in check. That's not to say they won't first rise in the period ahead; that's in line with the investments we need to make. But right after that – once we've switched to the new pension scheme – we want to be able to spend as much money as possible on our members.’ ←