Michael joins ING from BlackRock Asset Management, where he was country manager in Hungary. Before that he was chief operating officer (COO) and country manager ad interim for BlackRock in Switzerland, held various leadership roles there and at Kleinwort Benson Bank (in Hungary, Switzerland and the UK), and worked as a principal in the financial services industry for BCG in Switzerland and the US.

Michael brings extensive experience and expertise in asset management, private banking and wealth management as well as retail banking. ING in Luxembourg will benefit from his entrepreneurial spirit and proven track record in operations and digital transformation, always with a focus on commercial results.

To ensure a smooth transition, Colette Dierick will stay on at ING until the end of June. Colette has played key leadership roles in ING in both Belgium and Luxembourg since joining in 1984. She was appointed to the Executive Committee of ING Belgium in early 2011, with responsibility for retail and private banking, digital channels and marketing and became CEO of ING in Luxembourg in 2016.