ING appoints Alexandra MacMahon as UK country manager
Alexandra will be the new country manager for ING's wholesale business in the United Kingdom (UK), subject to regulatory approval.
Alexandra is joining from Santander, where she was head of the UK Corporate and Investment Bank.
A seasoned leader, she brings a 30-year track record in banking at Santander, Citi, and Morgan Stanley along with deep knowledge of the UK market.
ING in the UK, is fully focussed on Wholesale Banking and provides corporates and financial institutions a range of banking services including lending, advisory, global capital markets, and transaction services.
In her new role, Alexandra will be responsible for a team of almost 750 staff and clients that include more than 60% of the FTSE 100.
She succeeds Malgorzata Kolakowska who has led the UK team with distinction from 2018 into a double-digit growth trajectory through both Brexit and the coronavirus pandemic.
Malgorzata is on the Supervisory Board of ING Bank in Poland and will continue to build her portfolio of non-executive board positions.
Commenting on her new role, Alexandra said:
I am excited to be taking on this role at such a pivotal time for ING in the UK, the industry, and our clients.My focus will be to build on ING’s strong foundations, leading the UK teams to seize key opportunities for growth and sustainability, while fostering strong relationships with our clients.
ING’s head of Wholesale Banking EMEA, Eva Smolen, said:
We are deeply grateful to Malgorzata for her outstanding leadership and impactful contributions to ING’s global business over many years, including as the CEO of ING in Poland, global head of the Wholesale Banking network based in Amsterdam and almost seven years at the helm of ING in the UK.We’re also delighted to welcome Alexandra whose experience and vision will help us continue to strengthen and grow our presence in the UK market as we drive forward our ambition to be the best European wholesale bank.
Alexandra’s leadership will drive the ongoing development and expansion of ING’s Wholesale Banking client base across the UK. She will also play a crucial role in shaping ING’s commercial strategy.
Alexandra will work closely with Malgorzata to ensure a smooth handover when she starts in 1Q2025.