Mikhail Chaikin, Deputy CEO and First Vice-Chairman of ING Commercial Banking in Russia is appointed to the position of CEO.
Mikhail joined ING in 1997 and worked until 2013 in different roles, including Head of CRM, Head of WHB Clients & LP and Acting CEO. From 2013 to 2015 he stepped into the role of Chairman of the Management Board of MTS Bank, where he was instrumental in enhancing operational and business efficiency and increasing the product footprint.
"We would like to thank Luc for his significant contribution and guiding ING Bank in Russia through turbulent times. With Mikhail being appointed CEO we feel confident that we will be able to continue our notable presence in the Russian market", says Ernst Hoff, Head of Commercial Bank Network Countries Europe.