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| ING appoints Rodney O. Martin, Jr. CEO of ING Insurance U.S. Dutch banking giant ING announced that it will appoint Rodney (Rod) O. Martin, Jr. as Chief Executive Officer of ING Insurance U.S. The appointment is an important step in preparation for a successful Initial Public Offering (IPO) of ING's U.S.-based insurance and investment management operations. Rod Martin, former chairman of the International Life and Retirement Services operations at American International Group (AIG), will be responsible for strategy and performance of ING Insurance U.S., as well as the corporate staff functions. Martin will report to Jan Hommen, CEO of ING Group. Rob Leary, currently CEO of ING Insurance U.S., will assume the new role of President and Chief Operating Officer of ING Insurance U.S. In this capacity, Leary will report to Martin and will be responsible for managing and improving the operational performance of the entire portfolio of U.S. businesses, including Retirement, Insurance, and Investment Management. This new structure, with strong executives at the helm, aligns the governance of these operations with common practice in the U.S. financial services industry. write your comments about the article :: © 2011 Construction News :: home page |