To build investment management business for global success

ING Investment Management has appointed Gilbert Hassel as the global CEO of ING Investment Management. Mr Hassel will report to Tom McInerney who will take on the role of chief operating officer on the ING Management Board Insurance, with day-to-day responsibility for all insurance and investment management activities.

Mr Hassel succeeds Jacques de Vaucleroy, who stepped down on 26 October to pursue other interests. He has nearly 27 years of experience in finance and asset management. He joined ING in 2007 as CEO ING Investment Management Europe and will continue in this role until a successor has been named.

Prior to working at ING, he pursued an international career with JP Morgan, most recently as managing director & global head of Technology and Operations at JP Morgan Asset Management in New York.

Earlier this year ING announced that it is combining its regional investment management businesses and its real estate investment management business to form a leading global asset manager. The combined business has around E400b in assets under management.