News in brief

Nagel appointed CRO at ING
Banking and insurance group ING has appointed Wilfred Nagel as chief risk officer. Nagel will succeed Koos Timmerman, who has been appointed vice-chairman of ING’s banking management board. Nagel will also join the banking and insurance management boards.

The changes will take effect from October 1, 2011. Currently chief executive officer of ING Bank Turkey, Nagel joined ING in 1991 and has held various positions, including global head of credit risk management and

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