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ING poach Deutsche executive to lead Asia expansion

Asia
Uncategorized
Executive Changes, Expansion, Trade Finance, Transaction Banking

(12 October 2017 – Asia) ING announced the appointment of a new head of corporate client coverage, transaction services and corporate finance Asia.

The Dutch bank has named veteran corporate banker Eddy Henning to support ING’s ambition to expand its Asia client base, the firm said in a statement. He will commence his role at the beginning of 2018, and replace Manuel R. Salak III, who retired in July 2017 after 23 years at the bank.

Henning joins ING following a 28-year tenure at Deutsche Bank. His last role was Asia Pacific (APAC) head of multinational corporation coverage (MNC) in Singapore, where he was responsible for corporate clients in the Asia Pacific region across 14 countries.

Between 2007 to 2013, he was head of Corporate Banking Coverage in China, where he was also a member of the Corporate Banking Coverage Executive Committee for Asia.

Henning will provide senior banker coverage for Asian corporate clients and MNCs in the bank’s offices across Asia, and look to expand its outbound activities to Europe. He will also be responsible for capital structuring  and Advisory Asia.

His appointment comes as ING seeks to expand its operations in China, increasing coverage in Hong Kong, Shanghai and Beijing.

Henning will report to Gerrit Stoelinga, CEO of ING Wholesale Banking in Asia.

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