GlobeNewswire by notified

ING to nominate Karl Guha as Supervisory Board chairman

Share

ING to nominate Karl Guha as Supervisory Board chairman

ING announced today that it will propose to appoint Karl Guha to the Supervisory Board at the Annual General Meeting to be held on 24 April 2023. Upon decision by the AGM, the appointment will be effective as of the end of the AGM. It is the intention of the Supervisory Board to elect Karl Guha as its chairman effective 1 July 2023. He will then succeed Hans Wijers, who will retire from the Supervisory Board as of that date, as was announced on 2 February 2023.

Karl Guha (Dutch, 1964) has more than 30 years of experience in international banking. He started his career in 1989 at ABN Amro, where he held various positions until 2008. From 2008 to 2013 he served as Group Chief Risk Officer at Unicredit. From 2013 to 2021, he was Chairman of the Managing Board and CEO at Van Lanschot Kempen. He is currently a non-executive director at SHV Holdings and a senior advisor at Goldman Sachs and McKinsey. Karl Guha holds a degree in Economics from Boston University.

Hans Wijers, chairman of the Supervisory Board said: “I am very pleased that in Karl Guha we have found a new chairman with a long and distinguished career in the financial sector, spanning multiple phases and covering various aspects. I am confident that together with him, our Supervisory Board will continue to guide ING in delivering sustainable value for our customers and society at large.”

The proposed appointment of Karl Guha to the Supervisory Board has been approved by the European Central Bank. The full proxy materials for ING’s 2023 AGM on 24 April 2033 will be published on 10 March 2023.

Note for editors

For further information on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via the @ING_news Twitter feed. Photos of ING operations, buildings and its executives are available for download at Flickr.

Press enquiriesInvestor enquiries
Marc Smulders ING Group Investor Relations
+31 20 576 6369 +31 20 576 6396
Marc.Smulders@ing.comInvestor.Relations@ing.com

ING PROFILE
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 58,000 employees off er retail and wholesale banking services to customers in over 40 countries.

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks. ING's Environmental, Social and Governance (ESG) rating by MSCI was affirmed 'AA' in September 2022. As of August 2022, Sustainalytics considers ING’s management of ESG material risk to be ‘strong’, and in June 2022 ING received an ESG rating of 'strong' from S&P Global Ratings. ING Group shares are also included in major sustainability and ESG index products of leading providers Euronext, STOXX, Morningstar and FTSE Russell.

IMPORTANT LEGAL INFORMATION

Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014.

Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behaviour, in particular economic conditions in ING’s core markets, including changes affecting currency exchange rates and the regional and global economic impact of the invasion of Russia into Ukraine and related international response measures (2) effects of the Covid-19 pandemic and related response measures, including lockdowns and travel restrictions, on economic conditions in countries in which ING operates, on ING’s business and operations and on ING’s employees, customers and counterparties (3) changes affecting interest rate levels (4) any default of a major market participant and related market disruption (5) changes in performance of financial markets, including in Europe and developing markets (6) fiscal uncertainty in Europe and the United States (7) discontinuation of or changes in ‘benchmark’ indices (8) inflation and deflation in our principal markets (9) changes in conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness (10) failures of banks falling under the scope of state compensation schemes (11) non-compliance with or changes in laws and regulations, including those concerning financial services, financial economic crimes and tax laws, and the interpretation and application thereof (12) geopolitical risks, political instabilities and policies and actions of governmental and regulatory authorities, including in connection with the invasion of Russia into Ukraine and related international response measures (13) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (14) prudential supervision and regulations, including in relation to stress tests and regulatory restrictions on dividends and distributions (also among members of the group) (15) regulatory consequences of the United Kingdom’s withdrawal from the European Union, including authorizations and equivalence decisions (16) ING’s ability to meet minimum capital and other prudential regulatory requirements (17) changes in regulation of US commodities and derivatives businesses of ING and its customers (18) application of bank recovery and resolution regimes, including write down and conversion powers in relation to our securities (19) outcome of current and future litigation, enforcement proceedings, investigations or other regulatory actions, including claims by customers or stakeholders who feel misled or treated unfairly, and other conduct issues (20) changes in tax laws and regulations and risks of non-compliance or investigation in connection with tax laws, including FATCA (21) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business (22) risks and challenges related to cybercrime including the effects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy (23) changes in general competitive factors, including ability to increase or maintain market share (24) inability to protect our intellectual property and infringement claims by third parties (25) inability of counterparties to meet financial obligations or ability to enforce rights against such counterparties (26) changes in credit ratings (27) business, operational, regulatory, reputation, transition and other risks and challenges in connection with climate change and ESG-related matters (28) inability to attract and retain key personnel (29) future liabilities under defi ned benefit retirement plans (30) failure to manage business risks, including in connection with use of models, use of derivatives, or maintaining appropriate policies and guidelines (31) changes in capital and credit markets, including interbank funding, as well as customer deposits, which provide the liquidity and capital required to fund our operations, and (32) the other risks and uncertainties detailed in the most recent annual report of ING Groep N.V. (including the Risk Factors contained therein) and ING’s more recent disclosures, including press releases, which are available on www.ING.com.

This document may contain inactive textual addresses to internet websites operated by us and third parties. Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this document. ING does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. ING specifically disclaims any liability with respect to any information found at websites operated by third parties. ING cannot guarantee that websites operated by third parties remain available following the publication of this document, or that any information found at such websites will not change following the filing of this document. Many of those factors are beyond ING’s control.

Any forward looking statements made by or on behalf of ING speak only as of the date they are made, and ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States or any other jurisdiction.

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Equinor ASA: Tilbakekjøp av egne aksjer19.3.2024 08:00:00 CET | Pressemelding

Nedenfor følger informasjon om transaksjoner foretatt under første transje av Equinor ASAs (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO) tilbakekjøpsprogram for 2024. Dato for når første transje av 2024-programmet ble annonsert: 7. februar 2024. Varigheten til første transje av 2024-programmet: 8. februar til senest 5. april 2024. Ytterligere informasjon om transjen kan finnes i børsmelding om dens oppstart datert 7. februar 2024, tilgjengelig her: https://newsweb.oslobors.no/search?issuer=1309 Fra 11. mars til 15. mars 2024, har Equinor ASA kjøpt tilbake totalt 1.845.000 egne aksjer til en gjennomsnittspris på NOK 272,4554 pr. aksje. Oversikt over transaksjoner: DatoHandels- plattformAggregert daglig volum (antall aksjer)Vektet gjennomsnittspris pr. aksje (NOK)Total transaksjonsverdi (NOK)11. marsOSE418.253270,5620113.163.368,20CEUX43.398271,319511.774.725,20TQEX13.349271,11583.619.124,7512. marsOSE460.000271,2967124.796.463,00CEUXTQEX13. marsOSE340.002272,555792.669.498,05CEUX74.4012

Aegon calls EUR 700 million of fixed-to-floating subordinated notes19.3.2024 08:00:00 CET | Press release

The Hague, March 19, 2024 - Aegon today announces it is exercising its right to redeem EUR 700 million of 4% fixed-to-floating subordinated notes. The redemption of these grandfathered Tier 2 securities will be effective as of April 25, 2024, when the aggregate principal amount of EUR 700 million will be repaid, together with any accrued and unpaid interest. As previously announced, Aegon intends to refinance the notes. The securities (ISIN code: XS1061711575) are currently listed on Euronext Amsterdam. This listing will be terminated following the redemption of the securities. A notice of redemption will be sent to all currently registered holders of the notes by the fiscal agent, Citibank N.A., London Branch. Contacts Media relationsInvestor relationsRichard MackillicanYves Cormier+31(0) 62 741 1546+31(0) 70 344 8028richard.mackillican@aegon.comyves.cormier@aegon.com About Aegon Aegon is an international financial services holding company. Aegon’s ambition is to build leading busines

Mendus to present NK cell program progress at the Innate Killer Summit19.3.2024 08:00:00 CET | Press release

Press Release Stockholm, Sweden, March 19, 2024 Mendus AB ("Mendus" publ; IMMU. ST), a biopharmaceutical company focused on immunotherapies targeting tumor recurrence, announces that it will present the progress of its NK cell program at the 9th Annual Innate Killer Cell Summit, a leading conference for NK cell-based therapies. Mendus Director of Research Satwinder Kaur Singh, PhD will be expert speaker at the 9th Annual Innate Killer Summit held March 18-20 in San Diego, CA, USA. The Innate Killer Summit is a leading global conference dedicated to advancing NK cell therapies to clinic. This year’s theme of the conference is “Improve Functionality & Streamlining Manufacture to Realise the Potential of NK Therapies.” Dr Singh will present research data demonstrating the use of Mendus’ DCOne platform to expand so-called memory NK cells, their phenotypic and functional characterization and the steps taken by Mendus to develop a manufacturing process suitable for therapeutic purposes. The

Equinor ASA: Share buy-back19.3.2024 08:00:00 CET | Press release

Please see below information about transactions made under the first tranche of the 2024 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO). Date on which the first tranche of the 2024 programme was announced: 7 February 2024. The duration of the first tranche of the 2024 programme: 8 February to no later than 5 April 2024. Further information on the tranche can be found in the stock market announcement on its commencement dated 7 February 2024, available here: https://newsweb.oslobors.no/search?issuer=1309 From 11 March to 15 March 2024, Equinor ASA has purchased a total of 1,845,000 own shares at an average price of NOK 272.4554 per share. Overview of transactions: DateTrading venueAggregated daily volume (number of shares)Weighted average share price (NOK)Total transaction value (NOK)11 MarchOSE418,253270.5620113,163,368.20CEUX43,398271.319511,774,725.20TQEX13,349271.11583,619,124.7512 MarchOSE460,000271.2967124,796,463.00CEUXTQEX13 MarchOSE340,00

Resignation of a member of the Management Board of AB Akola Group19.3.2024 08:00:00 CET | Press release

AB Akola Group (further - the Company) hereby informs having received a notification of resignation of Dainius Pilkauskas from the position of a Member of the Board of Directors of the Company as from 30 April 2024. As of 30 April, Dainius Pilkauskas will also step down from his position as Trade Director for the Baltic States at subsidiary AB Linas Agro and, since then, will work as a consultant for Akola Group on grain trading issues. "Dainius and I have been working together successfully since 1991, and he has been the main driver of our group's international trade throughout that time. His product portfolio, especially in the early days of the Company, was diversified, but for the last couple of decades Dainius has specialised in Lithuanian and Latvian grain exports - his experience in this field is immense. I am extremely grateful to Dainius for the way we have come together, for his work on the Board, and I am delighted that he will continue to serve on the Board for almost anoth

HiddenA line styled icon from Orion Icon Library.Eye