ING Wholesale Banking announces changes to executive team

ING Wholesale Banking announces changes to executive team

ING Wholesale Banking announces changes to executive team

The FINANCIAL -- ING Wholesale Banking (WB) is making changes to the organisational structure to support the revised strategic direction announced last month.

The aim is to move to an even more client-centric organisation with a focus on sectors, regions and innovation. Isabel Fernandez, ING’s head of WB announced who will take on the newly created roles in the WB executive team as of 8 January 2018 (unless otherwise indicated).

“I’m thrilled to have such an experienced team to support our growth strategy and become more agile and flexible. The new organisational structure is an important enabler of our client focused strategy and reflects our strengthened emphasis on the regions and sectors,” said Isabel.

The full Wholesale Banking executive team consists of:

Head of Europe, Middle East & Africa: Malcolm Brown, currently head of Strategy and Innovation in WB
Head of Sectors: Jan Schuit, currently global head of Specialised Financing Group in WB
Chief commercial officer: Mark Pieter de Boer, currently global head of Financial Markets Sales
Head of Lending: Vincent Maagdenberg, currently chief risk officer at ING in the Netherlands (effective 1 April 2018 or earlier, subject to availability and handover from his previous role)
Head of Strategic Products: Amin Mansour, currently co-head of Corporate Clients and Products in the Netherlands
Head of WB Innovation: Annerie Vreugdenhil, currently global head of Real Estate Finance
Head of WB in Asia Pacific: Gerrit Stoelinga
Head of WB in the Americas: Gerald Walker
Head of Transaction Services: Mark Buitenhek
Head of Financial Markets: Percy Rueber
Chief operations officer WB: Marnix van Stiphout
Chief financial officer WB: Ann Declerck
Chief risk officer WB: Karst Jan Wolters
Head of Human Resources WB: Jagoran Mukherjee
Chief information officer WB: Michael Clijdesdale
Head of Research: Mark Cliffe

In addition, Cristopher Steane currently head of Lending Services in WB will take on the role of deputy head of WB until 1 September 2018, when he will retire, according to ING.

Successors for the vacancies resulting from these appointments will be announced in due course.