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ING Bank appoints new head of wholesale banking

ING Bank appoints new head of wholesale banking

(8 July 2016 – Asia) ING Bank has appointed Gerrit Stoelinga as Head of ING Wholesale Banking Asia, starting from 1 September 2016.

He will be responsible for the strategy and performance of ING’s wholesale banking business across 13 Asian markets.

Gerrit has been working with ING Bank since 1999, with his current role as the Global Head of International Trade & Commodity Finance (ITEF) and Co-Head of Structured Finance. He has extensive experience in lending services with a particular focus on structured finance, both in the front-office and in risk management. In 2010 Gerrit was appointed Global Head of Structured Acquisition Finance, establishing this business as top 3-ranked global provider, before taking on his current responsibilities in January 2015. As Global Head of ITEF, Gerrit has been managing teams in 17 locations across the globe, including Japan, Singapore, South Korea and China.

Gerrit will be based in Singapore, the regional headquarters of ING Bank in Asia. He succeeds Mark Newman, who has been Head of ING Wholesale Banking Asia since 2012.

William Connelly, member of ING Bank’s management board and Head of ING Wholesale Banking, said: “I would like to thank Mark for his dedication and contribution made in the various roles he fulfilled in our Wholesale Bank. Our Asian franchise has developed into a major contributor to Wholesale Bank under his leadership.”

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