Quick Facts
Our strategy
We are a customer-orientated company with a clear organizational structure and strategy built on value-based management. ING has a strong position in developed markets where we intend to continue growing following our main business fundamentals: customer-oriented approach, professional risk, costs and our reputation management. ING is also focused on promoting services provided by business lines of the Group to developed markets. We build our business in way to offer our shareholders a higher return than the average of our peers.
ING’s business Lines
ING has a structure of six business lines. A clear client focus and strong business logic are the key elements in this structure.
Top 25 Financial Institutions in Europe
(Bloomberg 2009)
Fortune Global 500
July 2009
ING is ranked 8th in the 2009 Fortune Global 500 list, making it the only financial institution to be included in the top 10 dominated by oil and gas companies.
| Rank | Company | Revenues ($ millions) |
Profits ($ millions) |
| 1 | Royal Dutch Shell | 458,361 | 26,277 |
| 2 | Exxon Mobil | 442,851 | 45,220 |
| 3 | Wal-Mart Stores | 405,607 | 13,400 |
| 4 | BP | 367,053 | 21,157 |
| 5 | Chevron | 263,159 | 23,931 |
| 6 | Total | 234,674 | 15,500 |
| 7 | ConocoPhillips | 230,764 | -16,998 |
| 8 | ING Group | 226,577 | -1,067 |
| 9 | Sinopec | 207,814 | 1,961 |
| 10 | Toyota Motor | 204,352 | -4,349 |
Executive Board
- Jan H.M.Hommen, chairman Executive Board and CEO Banking and Insurance
- Patrick G. Flynn, CFO ING Group, Banking and Insurance
- Koos J.V. Timmermans, CRO ING Group, Banking and Insurance
- Eli C.P.A.J. Leenaars, member Management Board Banking
- Dick H. Harryvan, member Management Board Banking
- Eric Boyer de la Giroday, member Management Board Banking
- Hans van der Noordaa, member Management Board Insurance
- Tom J. McInerney, member Management Board Insurance
- Jacques M.G.J. de Vaucleroy, member Management Board Insurance