ING Group AGM adopts 2006 Annual Accounts
ING Group AGM adopts 2006 Annual Accounts
Amsterdam, 24 April 2007
The Annual General Shareholders Meeting (AGM) of ING Groep N.V. today adopted the 2006 Annual Accounts and declared a total dividend for 2006 of EUR 1.32 per (depositary receipt for an) ordinary share. The dividend, as announced on 16 February 2007, represents an increase of 12% from EUR 1.18 for 2005. Taking into account the interim dividend of EUR 0.59 made payable in August 2006, the final dividend amounts to EUR 0.73 per (depositary receipt for an) ordinary share to be paid fully in cash. ING’s shares will be quoted ex-dividend as of 26 April 2007 and the final dividend will be made payable on 3 May 2007.
In addition, the AGM appointed the proposed two new Executive Board members following the retirement of Cees Maas. As announced on 15 February 2007, it was decided to split the roles of Chief Financial Officer and Chief Risk Officer given the increasing complexity and importance of both the finance and risk roles within ING. John Hele will take the position of Chief Financial Officer and Koos Timmermans will take the position of Chief Risk Officer for ING Group.
The AGM also appointed Henk Breukink, Peter Elverding and Piet Hoogendoorn to the Supervisory Board. The required approvals were obtained from the Dutch Central Bank at an earlier stage. In addition, Claus Dieter Hoffmann and Wim Kok were reappointed to the Supervisory Board. As announced on 20 March 2007, Paul van der Heijden retired from the Supervisory Board, having reached the end of the third and last term.
As per 27 April, the Supervisory Board of ING Group consists of:
| Cor Herkströter, Chairman | Eric Bourdais de Charbonnière, Vice-Chairman |
| Henk Breukink | Peter Elverding (as of 1 August 2007) |
| Luella Gross Goldberg | Claus Dieter Hoffmann |
| Jan Hommen | Piet Hoogendoorn (as of 1 June 2007) |
| Piet Klaver | Wim Kok |
| Godfried van der Lugt | Karel Vuursteen |
Press enquiries:
ING Group
Debbie Brand, +31 20 541 6526, debbie.brand@ing.com
ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries.
With a diverse workforce of about 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.