ING (ING) CEO Jan Hommen will step down in October and be replaced by Ralph Hamers, the head of...

|About: ING Groep N.V. (ING)|By:, SA News Editor

ING (ING) CEO Jan Hommen will step down in October and be replaced by Ralph Hamers, the head of the Dutch bank's Belgian operations. Hamers, who joined ING in 1991, has "an excellent track-record...in leading strategic change processes," ING says. That should come in handy, given the massive changes the bank's been going through, including selling billions of dollars of assets. Shares -0.7% premarket. (PR)