ING names head of Belgian business as new CEO

AMSTERDAM (Reuters) - Dutch bank and insurance group ING has picked Ralph Hamers, head of its business in Belgium and Luxembourg, to succeed Jan Hommen as chief executive, it said on Friday. Hamers, 46, will take over in October from the Dutch business veteran Hommen, who turns 70 in April and became chief executive of ING in 2009 after the group was bailed out by the Dutch state. Hommen has since overseen ING's split into separate banking and insurance operations and the sale of overseas assets in Asia and the Americas worth several billion euros in total. ...