ING Groep NV (NYSE: ING), the Dutch bank and insurer, on Thursday named Rob Leary as CEO and Ewout Steenbergen as chief financial officer of its insurance unit in the United States.
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Leary was previously CEO of ING Investment Management, Americas. He replaces Tom McInerney, who was earlier named chief operating officer of ING Insurance.
Leary will be one of six global insurance/investment management CEOs reporting to McInerney as part of ING's new global insurance/investment management structure.
Leary's role at ING Investment Management, Americas will be filled by Jeff Becker, previously, vice chairman, chief operating officer, and head of business management and strategy of the unit.
Steenbergen replaces David Wheat, who announced his retirement and plans to pursue other opportunities. Steenbergen was previously chief financial and risk officer for ING Insurance Asia/Pacific.
Shares of ING were up $1.15, or 9 percent, to $13.60 in afternoon New York Stock Exchange trading.
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