ING Group : ING appoints Stan Beckers CEO of ING Investment Management International

    ING Group : ING appoints Stan Beckers CEO of ING Investment Management

ING announced today the appointment of Stan Beckers as CEO of ING Investment
Management International, succeeding Gilbert Van Hassel who has decided to
leave ING. The appointment of Beckers has been approved by the Dutch Central
Bank and will become effective 1 July 2013.

Van Hassel joined ING in 2007 as CEO of ING Investment Management Europe. He
assumed the position as CEO of ING's global Investment Management businesses
November 2009 and is a member of the Management Board Insurance EurAsia.
Consistent with the governance for Insurance/Investment Management Europe as
announced on 13 March 2013, Beckers will report to Lard Friese, member of the
Management Board Insurance EurAsia (MBE) who will also assume the
responsibility for Investment Management within the MBE.

Beckers (1952, Belgian) has more than 30 years of professional and leadership
experience in global finance and asset management. Beckers started his career
in 1979 as a professor of Finance at KU Leuven, Belgium, after completing a
PhD in Business Administration at the University of California, Berkeley. In
1982, Beckers was one of the original partners in Barra where he established
and managed the international operations. Barra, a leading provider of
investment decision support tools, was successfully listed on the Nasdaq
through an IPO in 1991 and eventually acquired by MSCI Inc.

From 2000, Beckers was CIO at WestLB Asset Management and at Kedge Capital. In
2004, Beckers joined Barclays Global Investors (BGI) which was later acquired
by BlackRock. He served as CEO and CIO of BGI's Alpha Management Group, he was
also CIO of BGI's European Active Equity Group and lastly was Managing
Director and co-Head of BlackRock Solutions EMEA. Over the past 15 years,
Beckers also has been a member of the Investment Committee at several pension
funds and of the supervisory board at KAS Bank and Robeco.

Jan Hommen, CEO of ING Group, said, "As we accelerate preparations for the
base case of an IPO of our European Insurance and Investment Management
company, I am pleased to welcome Stan Beckers to ING. He brings with him a
wealth of experience to lead ING Investment Management for future global
success. I also want to take this opportunity to thank Gilbert Van Hassel for
his leadership and dedication in leading ING Investment Management through a
period of economic challenges and organizational change. We wish him well in
his future endeavours."

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ING is a global financial institution of Dutch origin, offering banking,
investments, life insurance and retirement services to meet the needs of a
broad customer base. Going forward, we will concentrate on our position as an
international retail, direct and commercial bank, while creating an optimal
base for an independent future for our insurance and investment management

About ING IM International
ING IM International is a global asset manager and part of ING Group, a global
financial institution of Dutch origin. As of 31 March 2013, ING IM
International manages in aggregate approximately EUR €184 billion in assets
for institutions and individual investors worldwide. ING IM International,
which employs over 1200 staff and is active in 18 countries across Europe,
Middle East, Asia and America, is preparing for a standalone future together
with ING's European Insurance operations.
Certain of the statements contained or referenced 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, without limitation: (1) changes in general economic
conditions, in particular economic conditions in ING's core markets, (2)
changes in performance of financial markets, including developing markets, (3)
consequences of a potential (partial) break-up of the euro, (4) the
implementation of ING's restructuring plan to separate banking and insurance
operations, (5) changes in the availability of, and costs associated with,
sources of liquidity such as interbank funding, as well as conditions in the
credit markets generally, including changes in borrower and counterparty
creditworthiness, (6) the frequency and severity of insured loss events, (7)
changes affecting mortality and morbidity levels and trends, (8) changes
affecting persistency levels, (9) changes affecting interest rate levels, (10)
changes affecting currency exchange rates, (11) changes in investor, customer
and policyholder behaviour, (12) changes in general competitive factors, (13)
changes in laws and regulations, (14) changes in the policies of governments
and/or regulatory authorities, (15) conclusions with regard to purchase
accounting assumptions and methodologies, (16) changes in ownership that could
affect the future availability to us of net operating loss, net capital and
built-in loss carry forwards, (17) changes in credit-ratings, (18) ING's
ability to achieve projected operational synergies and (19) the other risks
and uncertainties detailed in the Risk Factors section contained in the most
recent annual report of ING Groep N.V. 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 buy,
any securities.

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