Aris Bogdaneris to become Head of Challengers & Growth Markets and member of the Management Board of ING Bank

ING Bank welcomes Aris Bogdaneris to become its Head of Retail Challengers & Growth Markets and become a member of the Management Board as of 1 June 2015. Retail Challengers & Growth Markets covers all the markets where ING is active in both Retail and Commercial Banking outside the Benelux.

Aris (Canadian, 1963) has long and wide international experience in banking, operations and IT, having served for more than 25 year at various international financial institutions in Europe and North America. He will join ING from Raiffeisen Bank International where he was a member of the Management Board responsible for the Retail Banking business as well as the Chief Operating Officer overseeing Information Technology and Operations/Shared Service Centres throughout the group which serves over 14 million customers in 16 countries. Prior to this role, he worked at Budapest Bank in Hungary, a subsidiary of GE Capital, where he held various positions, including Head of Retail, Chief Operating Officer and Chairman and CEO. He joined Budapest Bank from General Electric in the US where he was a Corporate Auditor.

Aris holds a Master's in International Relations and Economics from Johns Hopkins University in Washington DC. The appointment of Aris Bogdaneris has been approved by the Dutch Central Bank (DNB) and the European Central Bank.

Ralph Hamers, CEO of ING said: "Aris has broad experience and deep understanding of retail banking and IT, areas that are increasingly intertwined in today's digital world. With his knowledge, international background and extensive experience in managing cross-border businesses, he will play an important role in the successful execution of our Think Forward strategy of creating a differentiating customer experience, helping ING converge to a direct-first model while investing in innovation to achieve digital leadership in the Challengers & Growth Markets."

NOTE FOR EDITORS
A short interview with Aris Bogdaneris on his career and view on the banking sector is available online  at www.ing.com.
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ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank and holding a significant stake in the listed insurer NN Group NV. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank's 53,000 employees offer retail and commercial banking services to customers in over 40 countries.
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