ING has named Leo Janssen, Asian head of
financial markets in Hong Kong, as head of financial markets in the
U.K. and chairman of its emerging markets committee. The position
was created by the departure of Mark Fisher, global head of
foreign exchange, money markets and derivatives and head of
financial markets in the U.K., in July. The London-based position
is a good opportunity to move back to Europe after a number of
years building ING's Asian business, said Belgian-born Janssen. He
starts in his new position this week.
Jan Menger, ING's global head of
treasury, took on Fisher's U.K. and emerging market duties in an
interim role until Janssen's appointment, explained Andy Muncer,
spokesman in London. Ted de Vries, member of the executive
committee and head of financial markets in Amsterdam, to whom
Fisher reported, has adopted the rest of Fisher's responsibilities.
No plans are currently afoot to hire someone to take over these
tasks, Muncer noted.
Janssen reports to de Vries and Ignor van
Waesberghe, head of the U.K., on functional and regional lines,
neither of whom returned calls by press time. Janssen's Asian
responsibilities have been split between Percy Rueber, head
of financial markets in Singapore, who is assuming new
responsibilities as regional head, and Mark Newman, head of
structured products, who is adding the role of head of Hong Kong,
explained Sheel Kohli, spokeswoman in Hong Kong. Both Rueber
and Newman report to David Hudson, head of ING in Asia on a
regional basis, with functional reporting going to de Vries.
Rueber, Newman and Hudson couldn't be reached by press