Jan Hommen to succeed Cor Herkströter as Chairman of the Supervisory
Board of ING Group
ING Group announced today that Cor Herkströter (1937, Dutch) will
retire as Chairman of the Supervisory Board of ING Group as of 1
January 2008. The Supervisory Board of ING Group has appointed Jan
Hommen (1943, Dutch) as his successor as of that date.
Cor Herkströter was due to retire from the Supervisory Board in April
2007. However, given the changes in the Supervisory Board at that
time, he agreed to stay longer to ensure a balanced composition of
the Board. The Supervisory Board is confident that with the
appointment of Jan Hommen at the start of the accounting year 2008, a
smooth transition is ensured. Jan Hommen is currently Chairman of the
Audit Committee. The Supervisory Board of ING Group has appointed Wim
Kok as his successor on the Audit Committee as of 1 January 2008.
"We have the highest respect for Cor Herkströter's significant and
valuable efforts to support ING's expansion over the years. It was a
privilege to work with such a committed and experienced Chairman of
the Supervisory Board. Cor Herkströter leaves with ING's gratitude
and best wishes for the future" said Jan Hommen on behalf of the
Supervisory Board of ING.
"On behalf of my colleagues of the Executive Board I wish to express
my sincere gratitude and appreciation for the contribution Cor
Herkströter made to ING Group for the past 9 years.We truly value his
contribution to the success of ING," said Michel Tilmant, Chairman of
the Executive Board of ING Group.
+31 20 541 5457
Cor Herkströter was appointed to the Supervisory Board of ING Group
in May 1998. He became Chairman of the Supervisory Board in May 1999.
He is currently Chairman of the Remuneration and Nomination Committee
and the Corporate Governance Committee.
Jan Hommen was appointed to the Supervisory Board of ING Group per 1
June 2005. Until 1 May 2005 he was Vice-Chairman and CFO of the Board
of Management of Royal Philips Electronics.
Wim Kok has been a member of the Supervisory Board Since April 2003
Wim Kok is currently a member of the Audit Committee. He is the
former Minister of Finance (1989 - 1994) and Prime Minister of the
Netherlands (1994 - 2002).