ING to Appoint Lloyd's COO to Supervisory Board
March 16 2020 - 9:00AM
Dow Jones News
By Sabela Ojea
ING Groep NV said Monday that it will propose the appointment of
Juan Colombas, chief operating officer of Lloyds Banking Group PLC,
along with Herman Hulst and Harold Naus, to the supervisory board
of the bank at its next annual general meeting.
The Dutch bank said Mr. Colombas will retire in July from his
role at Lloyds, the British bank in which he also served as chief
risk officer from 2011 to 2017. His appointment would be effective
from Oct. 1, ING said, but still needs to get the approval of the
European Central Bank.
The lender added that Mr. Hulst has extensive experience at
Ernst & Young Global Ltd. and Mr. Naus is the current chief
executive of Cardano Risk Management and chief financial officer of
Cardano Group.
Both appointments would be effective as of the end of the annual
general meeting on April 28, ING added, noting that the bank
already has the European Central Bank's approval.
In addition, both Eric Boyer de la Giroday and Hermann-Josef
Lamberti will step down from the supervisory board for "personal
reasons."
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
March 16, 2020 08:45 ET (12:45 GMT)
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