Ralph Hamers nominated CEO of ING Group as of 1 October 2013; Jan Hommen to step down as of that date
(Thomson Reuters ONE) -
ING announced today that Jan Hommen will step down from his position as CEO of
ING Group per 1 October 2013. He will be succeeded as CEO by Ralph Hamers (1966,
Dutch) currently CEO of ING Belgium.
Jan Hommen's current four-year term in the Executive Board will expire after the
annual General Meeting (AGM) on 13 May 2013. The Supervisory Board will propose
to the AGM to re-appoint him for the period until 1 October to ensure a smooth
leadership transition. Ralph Hamers will be nominated as a member of the
Executive Board per the AGM. As of 1 October 2013 he will succeed Jan Hommen and
become the eighth CEO of ING Group.
Jan Hommen has been a member of the Supervisory Board of ING Group since 2005
and its Chairman since 2008. In 2009 he became CEO of ING Group and Chairman of
the Executive Board.
Following his appointment to the Executive Board Ralph Hamers will also become a
member of the Management Board Banking (MBB) and Management Board Insurance
EurAsia (MBE), and as of 1 October 2013 he will succeed Jan Hommen as CEO of the
MBB and MBE. Decisions regarding the composition of the Board of Directors of
ING US are pending in light of the company's planned IPO.
Jeroen van der Veer, Chairman of the Supervisory Board of ING Group said: "Over
the past four years Jan Hommen has done an outstanding job, guiding ING through
the most challenging period in its history. Under his stewardship ING not only
became financially stronger and less complex, but it also managed to put the
customer again at the heart of the company. We are glad he has agreed to stay on
for another five months to ensure a seamless transition. We are convinced that
in Ralph Hamers we have found a successor who has the leadership style, skills
and expertise to continue to execute the strategic course ING is on."
Jan Hommen, CEO of ING Group said: "It has been an honour to serve ING in these
extraordinary times for both the company and the financial sector. I am proud of
what we have achieved for ING, our employees and our customers over the past
years. Ralph Hamers is an excellent choice to carry on with the many tasks that
still lie ahead on our road towards successful, independent futures for our
Insurance and Banking businesses. I am determined to do everything in my
capacity to make sure that Ralph can take over smoothly on 1 October ."
Ralph Hamers has a wealth of experience in both Retail and Commercial banking
and an excellent track-record in risk management and in leading strategic change
processes. Ralph Hamers has been CEO of ING Belgium and Luxemburg since March
2011. There, he played a pivotal role in driving the strategic "universal direct
model" to expand online sales channels and modernise the branches. He holds a
Master of Science in Business Econometrics/Operations Research from Tilburg
University in the Netherlands and has completed professional programmes at the
Netherlands Institute for Banking, the Amsterdam Institute of Finance, Oxford
University and INSEAD.
Ralph Hamers joined ING in 1991 as a relationship manager for Structured Finance
in the Global Clients Division. In 1997 he moved to Global Risk Management and
he became General Manager of ING Romania in 1999. In 2005 he was appointed CEO
of ING Bank in the Netherlands before becoming Global Head of the Commercial
Banking Network in 2007. In 2010 he was appointed Head of Network Management for
Retail Banking Direct and International. In that year he also became member of
the ING Banking Management Team which governs corporate development and
strategic activities.
Ralph Hamers said: "I am extremely proud that the Supervisory Board has
expressed its confidence in me and nominated me as a member of the Executive
Board and the next CEO of this company. Together with my colleagues I am
determined to build on the strong , customer-oriented foundation that Jan Hommen
has laid for us. I look forward to working with Jan and the other Board Members
towards the handover in October. "
ING's 2013 Annual General Meeting of shareholders will be held in Amsterdam on
13 May 2013. The full proxy materials relating to the meeting will be made
available on the ING website (www.ing.com) as of 28 March 2013.
Press enquiries Investor enquiries
ING Group Media Relations ING Group Investor Relations
+31 20 576 5000 +31 20 576 6396
Media.relations(at)ing.com Investor.relations(at)ing.com
ING PROFILE
ING is a global financial institution of Dutch origin, offering banking,
investments, life insurance and retirement services to meet the needs of a broad
customer base. Going forward, we will concentrate on our position as an
international retail, direct and commercial bank, while creating an optimal base
for an independent future for our insurance and investment management operations
IMPORTANT LEGAL INFORMATION
Certain of the statements contained in this document are not historical facts,
including, without limitation, certain statements made of future expectations
and other forward-looking statements that are based on management's current
views and assumptions and involve known and unknown risks and uncertainties that
could cause actual results, performance or events to differ materially from
those expressed or implied in such statements. Actual results, performance or
events may differ materially from those in such statements due to, without
limitation: (1) changes in general economic conditions, in particular economic
conditions in ING's core markets, (2) changes in performance of financial
markets, including developing markets, (3) consequences of a potential (partial)
break-up of the euro, (4) the implementation of ING's restructuring plan to
separate banking and insurance operations, (5) changes in the availability of,
and costs associated with, sources of liquidity such as interbank funding, as
well as conditions in the credit markets generally, including changes in
borrower and counterparty creditworthiness, (6) the frequency and severity of
insured loss events, (7) changes affecting mortality and morbidity levels and
trends, (8) changes affecting persistency levels, (9) changes affecting interest
rate levels, (10) changes affecting currency exchange rates, (11) changes in
investor, customer and policyholder behaviour, (12) changes in general
competitive factors, (13) changes in laws and regulations, (14) changes in the
policies of governments and/or regulatory authorities, (15) conclusions with
regard to purchase accounting assumptions and methodologies, (16) changes in
ownership that could affect the future availability to us of net operating loss,
net capital and built-in loss carry forwards, (17) changes in credit-ratings,
(18) ING's ability to achieve projected operational synergies and (19) the other
risks and uncertainties detailed in the risk factors section contained in the
most recent annual report of ING Groep N.V.
Any forward-looking statements made by or on behalf of ING speak only as of the
date they are made, and, ING assumes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information or for
any other reason. This document does not constitute an offer to sell, or a
solicitation of an offer to buy, any securities.
PDF version of press release:
http://hugin.info/130668/R/1680339/549000.docx
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ING Group via Thomson Reuters ONE
[HUG#1680339]
Unternehmensinformation / Kurzprofil:
Datum: 22.02.2013 - 08:55 Uhr
Sprache: Deutsch
News-ID 232224
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