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Head of ING wholesale banking Bill Connelly to retire

Bill ConnellyBill Connelly, member of the management board banking and head of ING wholesale banking, will step down from the management board banking as of November 1, 2016.

Mr. Connelly was appointed to the Management Board Banking and as Head of Wholesale Banking on 1 January 2011. Mr. Connelly started his career in 1980 at Chase Manhattan Bank. In 1990 he moved to Barings Brothers (later ING Barings) where he was responsible for corporate finance and advisory activities in Spain and later Western Europe.

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From 2004 he held various global leadership roles at ING Wholesale Banking in Corporate Finance and Equity Markets, Corporate Clients, and Commercial Banking Services. He also served as CEO of ING Real Estate Investment Management.

Mr. Connelly will be succeeded by Maria Isabel Fernandez Niemann who will join ING as a member of the Management Board Banking on 1 September 2016 and will become Head of Wholesale Banking as of 1 November 2016.

Ms. Fernandez Niemann joins ING from General Electric where she currently is Global Commercial Leader and Head of Sales for the company, functionally responsible for GE’s 20,000+ global sales force. Her responsibilities include GE’s Global Commercial Shared Services, GE’s Commercial Council and all Corporate oversight teams for Sales. She is currently based in the US.

Prior to this role, she held a variety of leadership roles at GE and GE Capital, including CEO of Structured Finance Media & Technology, Chief Commercial Officer of GE Capital EMEA, CEO of Global Bank Loans and most recently Chief Commercial Officer of GE Capital.

Before joining GE, she worked in commercial banking in roles ranging from leveraged lending and project finance to global relationship management.

Ms. Fernandez Niemann holds a Master’s in Law from Leiden University, the Netherlands. Her appointment has been approved by the Dutch Central Bank (DNB) and the European Central Bank (ECB).




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