The Dutch Safety Board will decide whether to open its own inquiry when the airline's investigation is finished, van der Weegen said.

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He has also been a member of the Dutch central bank supervisory board and regularly has represented the queen at international events.

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KPNQwest, which is owned by KPN and by Qwest Communications, filed for protection from its creditors under Dutch law after its entire supervisory board resigned.

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The board has published cycling maps of outer Amsterdam and the Dutch countryside especially for visitors, like this map on their website of South Amsterdam.

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Dutch corporate law keeps it from nominating more than two out of nine board members, meaning that it controls just 25% of the board even when it holds 92% of the equity so the spin-off makes sense from a governance perspective.

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"It (the SNS situation) might make us slightly more nervous in terms of valuations and what we would be willing to pay for Dutch bank sub debt, but it hasn't changed our outlook across the board, " said Andrew Fraser, fixed-income investment director at Standard Life Investments Ltd.

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As soon as Antonveneta's board had accepted it, BPI stepped in, pulling every available string to thwart the Dutch.

ECONOMIST: Dutch courage pays off | The