ING Direct 2008 Annual Report Download - page 63

ING Group Annual Report 2008
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reported, with the exception of information on any loans that may
have been granted to them (see page 80). In all these cases, the
company complies with the best-practice provisions of the
Tabaksblat Code.
INFORMATION ON MEMBERS OF THE EXECUTIVE BOARD
Michel J. Tilmant, chairman (until 26 January 2009)
(Born 1952, Belgian nationality; male; appointed in 1998, stepped
down on 26 January 2009, retirement date 1 August 2009)
Michel Tilmant graduated from Louvain University with a Licence in
Business Administration. He is also a graduate of Louvain School
for European Affairs. He started his career with Morgan Guaranty
Trust Company in New York. In 1992 he joined Bank Brussels
Lambert, where he was appointed chairman of the Executive
Board in 1997. After the acquisition of BBL by ING in 1998, Michel
Tilmant was appointed vice-chairman in May 2000. He was
appointed chairman in April 2004. Five Group staff departments
reported directly to Michel Tilmant: Corporate Legal Department,
Corporate Human Resources, Corporate Development, Corporate
Communications & Affairs and Corporate Audit Services.
Eric F. Boyer de la Giroday (acting chairman from
26 January-27 April 2009)
(Born 1952, Belgian nationality, male; appointed in 2004,
term expires in 2012)
After completing his degree in commercial engineering at the Free
University of Brussels and a master in Business Administration at
the Wharton School, University of Pennsylvania, Eric Boyer started
his career with Citibank in 1978. In 1984 he joined Bank Brussels
Lambert, which was acquired by ING Group in 1998, where he
held various management positions in the fields of capital markets,
treasury and corporate and investment banking. He was appointed
a member of the Executive Board of ING Group in April 2004. He
is responsible for Wholesale Banking and ING Real Estate.
Dick H. Harryvan
(Born 1953, Dutch nationality, male; appointed in 2006,
term expires in 2010)
Dick Harryvan graduated from the Erasmus University Rotterdam
with a master’s degree in Business Economics, majoring in finance.
He joined ING as a management trainee at Nationale-Nederlanden
in 1979. Before his appointment to the Executive Board in 2006,
he held various management positions in the United States,
Canada and the Netherlands, where he was chief financial officer/
chief risk officer and member of the Global Management Team
of ING Direct until his appointment to the Board. Dick Harryvan is
also CEO of ING Direct.
John C.R. Hele, CFO (until 31 March 2009)
(Born 1958, Canadian nationality, male; appointed in 2007)
John Hele graduated from the University of Waterloo, Canada,
in 1980 with a bachelor’s degree in Mathematics. He joined ING
in 2003 as general manager and chief insurance risk officer,
responsible for global insurance risk management. He also
functioned as the Group actuary. Before he joined the Executive
Board, John Hele had been deputy chief financial officer of ING
Group since 2006. Before joining ING, John Hele held various
positions at Crown Life in Canada, Merrill Lynch in the United
States and at Worldinsure, Bermuda. He is responsible for Group
Capital Management, Group Tax, Group Finance and Control,
Group Finance Bank and Group Finance Insurance.
Eli P. Leenaars
(Born 1961, Dutch nationality, male; appointed in 2004,
term expires in 2012)
Eli Leenaars studied Civil Law at the Catholic University of
Nijmegen and received an LLM from the European University
Institute in Florence, Italy and attended the Harvard Graduate
School of Business in Boston. After a traineeship at ABN AMRO, he
joined ING in 1991, where he held various management positions,
including chairman of ING Poland and of ING Latin America. He
was appointed a member of the Executive Board of ING Group
in April 2004. He is responsible for Retail Banking and Private
Banking. He is also in charge of Operations/IT.
Tom J. McInerney
(Born 1956, American nationality, male; appointed in 2006,
term expires in 2010)
Tom McInerney has a bachelor’s degree from Colgate University
(Hamilton, New York) and received an MBA from the Tuck School
of Business, Dartmouth College (Hanover, New Hampshire). He
started his career in 1978 with Aetna Financial Services, which was
acquired by ING in 2000. He had been CEO of ING’s insurance
activities in the United States, which position included the
responsibility for ING Mexico until his appointment to the Executive
Board. Tom McInerney is responsible for Insurance Americas, ING
Investment Management Americas and the global coordination
of ING Investment Management.
Hans van der Noordaa
(Born 1961, Dutch nationality, male; appointed in 2006,
term expires in 2010)
Hans van der Noordaa graduated in Public Administration at the
University of Twente, the Netherlands. After a career in retail
banking at ABN AMRO, he joined ING in 1991, where he held
various management positions. He was CEO of the Retail Division
of ING Netherlands, responsible for Postbank, ING Bank and RVS,
before his appointment to the Executive Board in 2006. Hans van
der Noordaa is responsible for Insurance Asia/Pacific and ING
Investment Management Asia/Pacific.
Koos (J.)V. Timmermans, CRO
(Born 1960, Dutch nationality, male; appointed in 2007,
term expires in 2011)
Koos Timmermans graduated from Erasmus University in
Rotterdam with a master’s degree in economics. Until 1991
he worked at ABN AMRO in the field of derivatives. For IBM’s
European treasury he was stationed in Ireland. Koos Timmermans
joined ING in 1996. He performed various roles: head of Treasury
ING Insurance, head of Corporate Market Risk Management and
from 2006-2007 he was deputy CRO of ING Group, until his
appointment to the Executive Board. Koos Timmermans is
responsible for ING’s risk departments including compliance.
Jacques M. de Vaucleroy
(Born 1961, Belgian nationality, male; appointed in 2006,
term expires in 2010)
Jacques de Vaucleroy graduated from Louvain University with a
degree in Law. He also has a master’s degree in Business Law from
the Free University of Brussels, Belgium. In 1986 he joined Bank
Brussels Lambert, which was acquired by ING in 1998. Before his
appointment to the Executive Board in 2006, he was Group
president ING Retail at US Financial Services. Jacques de Vaucleroy