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ING names Asia wholesale banking chief

ING Groep NVnamed Gerrit Stoelinga regional head of wholesale banking in Asia, effective Sept.1.

Stoelinga, who moves from his role as global head of internationaltrade and commodity finance in ING's wholesale banking business, will be responsiblefor the division's strategy and performance in 13 Asian markets. He replaces MarkNewman, who had served as Asian wholesale banking head since 2012.

Newman is now responsible for ING's retail banking business inAsia excluding Australia.