ING Direct 2009 Annual Report Download - page 7

Audit Committee
Jackson Tai, chairman
Tineke Bahlmann
Henk Breukink
Piet Hoogendoorn
Godfried van der Lugt
Jeroen van der Veer
Risk Committee
Peter Elverding, chairman
Tineke Bahlmann
Claus Dieter Hoffmann
Piet Klaver
Godfried van der Lugt
Remuneration Committee
Jeroen van der Veer, chairman
Peter Elverding
Piet Klaver
Joan Spero
Karel Vuursteen
Lodewijk de Waal
Nomination Committee
Peter Elverding, chairman
Piet Klaver
Joan Spero
Jeroen van der Veer
Karel Vuursteen
Lodewijk de Waal
Corporate Governance Committee
Peter Elverding, chairman
Henk Breukink
Claus Dieter Hoffmann
Harish Manwani
Aman Mehta
Lodewijk de Waal
* You can find more information on the
members of the Executive Board on page 62
and on the members of the Supervisory Board
on pages 65-67.
INSURANCE EUROPE
Operates in the Netherlands, Belgium,
Luxembourg, Spain, Greece, Poland,
Hungary, the Czech Republic, Slovakia,
Turkey, Romania, Bulgaria and Russia.
We tailor our insurance products,
investment and pension services to our
target markets and distribution channels
and focus on optimising customer
satisfaction, accelerating growth in
Central Europe, efficient capital
management and cost containment,
while leveraging the opportunities
created by an ageing population.
INSURANCE AMERICAS
Operates in the US and Latin America.
In the US, ING is the third-largest provider
of defined contribution retirement plans
in terms of assets under management and
administration. In Latin America, ING is
the second-largest provider of pensions.
ING offers a comprehensive range of
financial services to retail and institutional
clients in retirement services, life insurance
and investments.
INSURANCE ASIA/PACIFIC
Offers life insurance, wealth
management and retail and institutional
asset management services. We are the
number two international life insurer,
based on new sales, with operations in
seven countries, and the fourth-largest
investment manager, based on assets
under management, with operations
in 13 markets. Our distribution network
of tied agents and financial advisers is
complemented by alternative channels
including brokers, worksite, direct
marketing and online distribution.
COMMERCIAL BANKING
Primarily targets large corporations in
the Netherlands, Belgium, Poland and
Romania, where we offer a full range
of products, from cash management
to corporate finance. Our international
network has a more selective approach.
We are building leading positions in a
number of key product areas, including
Structured Finance, Financial Markets,
Payments and Cash Management,
and Leasing. Commercial Banking also
manages ING Real Estate.
RETAIL BANKING
Provides retail and private banking
services to individuals and small and
medium-sized enterprises in the
Netherlands, Belgium, Luxembourg,
Poland, Romania, Turkey, India, Thailand
and China (through a stake in Bank of
Beijing) with a multi-product, multi-channel
distribution approach. In mature markets,
we focus on wealth accumulation, savings
and mortgages, with an emphasis on
operational excellence, cost leadership and
customer satisfaction. In developing
markets we aim to become a prominent
local player by offering simple but high
quality products.
ING DIRECT
Offers direct banking services in
Canada, Spain, Australia, France, the
US, Italy, Germany, the UK and Austria.
Our focus is on offering five simple and
transparent retail banking products
at very low cost: savings, mortgages,
payment accounts, investment products
and consumer lending.
ING Group Annual Report 2009 5