ING Group AGM adopts 2010 Annual Accounts
ING Group AGM adopts 2010 Annual Accounts
ING Group AGM adopts 2010 Annual Accounts
9 May 2011
The Annual General Meeting (AGM) of ING Groep N.V. today adopted the 2010 Annual Accounts.
In addition, the AGM approved the reappointment of Koos Timmermans (Chief Risk Officer) as member of the Executive Board.
The AGM has appointed Sjoerd van Keulen, Joost Kuiper and Luc Vandewalle to the Supervisory Board. The AGM also reappointed Peter Elverding and Henk Breukink as members of the Supervisory Board. As announced on 15 March 2011, Jeroen van der Veer will act as the new chairman of the Supervisory Board, with effect from the close of the 2011 AGM. Claus Dieter Hoffmann has decided to retire from the Supervisory Board as of the end today's General Meeting.
After the AGM, the Supervisory Board of ING Group consists of:
| Jeroen van der Veer, Chairman | Joost Kuiper |
| Peter Elverding, Vice-Chairman | Aman Mehta |
| Tineke Bahlmann | Joan Spero |
| Henk Breukink | Lodewijk de Waal |
| Sjoerd van Keulen | Luc Vandewalle |
| Piet Klaver |
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Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation: (1) changes in general economic conditions, in particular economic conditions in ING's core markets, (2) changes in performance of financial markets, including developing markets, (3) the implementation of ING's restructuring plan to separate banking and insurance operations, (4) changes in the availability of, and costs associated with, sources of liquidity such as interbank funding, as well as conditions in the credit markets generally, including changes in borrower and counterparty creditworthiness, (5) the frequency and severity of insured loss events, (6) changes affecting mortality and morbidity levels and trends, (7) changes affecting persistency levels, (8) changes affecting interest rate levels, (9) changes affecting currency exchange rates, (10) changes in general competitive factors, (11) changes in laws and regulations, (12) changes in the policies of governments and/or regulatory authorities, (13) conclusions with regard to purchase accounting assumptions and methodologies, (14) changes in ownership that could affect the future availability to us of net operating loss, net capital and built-in loss carry forwards, and (15) ING's ability to achieve projected operational synergies. ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.