ING Groep N.V. Approves Dividend for 2016, Payable on 18 May 2017; Appoints Members to the Executive Board
The AGM appointed Koos Timmermans and Steven van Rijswijk as members to the Executive Board of ING. Steven van Rijswijk will succeed Wilfred Nagel who continues as a member of the Executive Board and chief risk officer until 1 August 2017. Steven van Rijswijk will become chief risk officer as per that date. The AGM appointed Jan Peter Balkenende, Margarete Haase and Hans Wijers as members of the Supervisory Board. After the AGM, the Supervisory Board of ING consists of: Jeroen van der Veer, Chairman, Margarete Haase, Jan Peter Balkenende, Hermann-Josef Lamberti, Eric Boyer de la Giroday, Robert Reibestein, Henk Breukink, Ann Sherry, Mariana Gheorghe, Hans Wijers. The appointments of Jan Peter Balkenende and Hans Wijers will become effective as per 1 September 2017. It is the intention of the Supervisory Board that Hans Wijers succeeds Jeroen van der Veer as chairman of the Supervisory Board as per the end of the 2018 AGM.