OREANDA-NEWS. June 20, 2007. Hendrik ten Bosch (57) retired as General Manager of ING Wholesale Banking Russia (legal name ‘ING BANK (EURASIA) ZAO’) after a career of more than 11 years at ING in Russia, reported the press-centre of ING BANK. 

Hendrik ten Bosch joined ING back in 1996. ING was the second foreign bank to start its operations in Russia and since then it has consolidated its position as one of the top ten international wholesale banking institutions in Russia, being one of the main financiers for international companies in Russia and major Russian corporates.

Alexander Pisaruk (42) is appointed to succeed Hendrik ten Bosch as General Manager, ING Wholesale Banking Russia. Alexander will be responsible for the overall strategy and further development of ING Wholesale Banking activities in Russia.

Prior to this appointment Alexander Pisaruk was General Manager and Chairman of the Board at ING Wholesale Banking in Ukraine (legal name JSB ‘ING Bank Ukraine’). Currently ING Wholesale Banking is the top trader on the Ukrainian fixed income market, leading underwriter on the local market and the biggest local custodian by assets in custody.

Before that in 2000-2001 Alexander worked as Head of Risk Managment at ING in Russia and in 1998-2000 at ING in Ukraine. He joined ING Ukraine in 1997 as Risk Manager. His previous working experience includes various managerial positions in Agroprombank Ukraine. Alexander graguated from Nikolaev Ship-Building Institute in 1988 and completed post-graduate studies in 1992. In the following years he completed various management courses including Bank Ukraine’s Bankers’ Institute and INSEAD (Fontainebleau, France).

ING Group is a global financial services company of Dutch origin with 150 years of experience, providing a wide array of banking, insurance and asset management services in over 50 countries. Based on market capitalization ING is one of the 20 largest financial institutions worldwide with assets totaling EUR 865 bln. ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In Russia ING Group is represented by ING Wholesale Banking (legal name ‘ING Bank (Eurasia) ZAO’ – a wholly owned subsidiary of the Group, founded in 1994), ING Pensions (‘Non-State Pension Fund ING’ founded in 2002), ING Lease (‘ING Leasing (Eurasia)’ LLC founded in 2006) and ING Life (‘ING Life Insurance’ ZAO founded in 2007).

ING Wholesale Banking in Russia provides a full range of financial services with focus on Debt Capital Markets, Payments & Cash Management, Securities Services, Financial Markets, Equity Markets, Structured & General Lending and Corporate Finance.