IRO Malcom Brown moves to strategy and innovation
Mark Milders, currently head of coverage and markets for Germany and Austria, has been named as ING’s new head of IR.
He succeeds IRO of four years and former global head of financial institutions Malcolm Brown who is moving on to serve as project lead for strategy and innovation for the Dutch bank’s wholesale division.
A fiscal law graduate from Erasmus University Rotterdam, Milders spent five years working in leveraged finance at Fortis before joining ING in 2005.
Prior to his current role, he served as the Amsterdam-headquartered firm’s head of structured acquisition finance for Benelux and head of client coverage for central and Eastern Europe.
‘I am pleased to have Mark as our new head of investor relations,’ comments CFO Patrick Flynn in a press release. ‘His in-depth knowledge of our company and its products, and his experience working with our wholesale banking clients, will be of great value in communicating with our investors as we are accelerating the implementation of our multi-year Think Forward strategy.
‘I would like to thank Malcolm for his significant contribution during his time in investor relations. Under his leadership, ING has been successfully repositioned in the market from a financial conglomerate into a leading European bank, and our financial communication has significantly improved, adding to a more meaningful shareholder dialogue.’
Milders will report to Koos Timmermans who is succeeding Flynn as the firm’s finance chief after May’s AGM.
Former IR heads at ING include IR Magazine Awards winner Jonathan Atack, recipient of the 2014 accolade for most progress in IR for his work at AkzoNobel.