Mr Baan became a non-executive director of the company in June 2002 and has chaired the remuneration committee since 2003. He was previously CEO of Philips Consumer Electronics and a member of the board of management of Royal Philips Electronics.
Neville Simms, chairman of International Power, said: On behalf of the board, I would like to thank Adri for his invaluable contribution over the last five and a half years and wish him well for the future.
