Quick Facts
Our strategy
To serve the interests of our stakeholders, increase management focus and create value for our shareholders, ING is moving towards separation of its banking and insurance operations. We believe the widespread demand for greater simplicity, reliability and transparency makes this the best course of action. In the future, ING Bank will build on its global presence and international network and capitalize on its leadership position in gathering savings, multi-channel distribution, simple propositions and marketing. ING Insurance has a strong position as a global provider of life insurance and retirement services and is very well-positioned to capitalize on socio-economic trends. We will focus on earning our customers’ trust through transparent products, value for money and superior service. This reflects our universal customer ideal: saving and investing for the future should be easier.
ING's business lines
Banking:
Retail Banking
Commercial Banking
Insurance/Investment Management (IM):
Insurance Benelux
Insurance Central & Rest of Europe
Insurance US
US Closed Block VA
Insurance Latin America
Insurance Asia/Pacific
ING Investment Management (ING IM)
Top 20 European financials
(based on market capitalisation in EUR billion per 30 September, 2011)
Fortune Global 500
July 2011
ING is ranked 17th in the 2011 Fortune Global 500 list (based on revenues in $ millions)
Members Executive Board, Management Board Banking and Management Board Insurance
- Jan H.M.Hommen, chairman Executive Board and CEO Banking and Insurance
- Patrick G. Flynn, CFO ING Group, Banking and Insurance
- J.V. (Koos) Timmermans, vice-chairman, Management Board Banking
- William L. Connelly, member Management Board Banking, CEO Commercial Banking
- C.P.A.J. (Eli) Leenaars, member Management Board Banking, CEO Retail Banking Direct and International
- Wilfred F. Nagel, member Management Board Banking and Management Board Insurance, CRO
- Hans van der Noordaa, member Management Board Banking, CEO Retail Banking Benelux