ING Investment Management (ING IM) has announced that Mark den Hollander, Head of ICS Investment Solutions, has been promoted to Chief Risk Officer (CRO) of ING Investment Management, effective of 1^st June 2012.

Mark has close to 20 years of experience in the investment management industry and joined ING IM in 2009 as Managing Director, Head of Investment Solutions. The appointment, which is subject to regulatory approval, sees Mark take over CRO responsibilities from Satish Bapat, Chief Financial Officer, ING IM, who had been carrying out CRO responsibilities on an interim basis next to his CFO role. Satish will remain CFO of ING IM.

Prior to ING IM, he was the Chief Investment Officer Structured Solutions at Fortis Investments, while before that he held several senior roles with ABN AMRO Asset Management. Mark received his doctorate degree in Econometrics in 1993 at the Erasmus University in Rotterdam.

Mark joins the ING IM International Management Committee (IMC) and will report to Gilbert Van Hassel, CEO, ING IM, and functionally to Jeroen Potjes, Deputy Chief Risk Officer, ING Insurance/IM EurAsia.

Gilbert van Hassel, CEO at ING Investment Management, says: “We are delighted and encouraged to see an internal appointment for this position, which demonstrates our broad talent base. Since joining ING IM Mark has been instrumental in creating customised service for our institutional clients; stepping away from the traditional asset-only approach.

“Mark’s strong knowledge on both the asset and liability side of investment management, combined with his extensive leadership experience in a client facing role, positions him very well for his new position as Chief Risk Officer at ING IM. We would like to thank Satish for his interim support and wish Mark success in his new role.” 

Based in London, Nigel Drury will play a key role in driving Coutts’ risk management agenda across all geographies of the RBS Wealth Division, through continuous liaison with the business’s regulators. 

BNP Paribas Securities Services (BNP Paribas) has announced the appointment of Annalisa Winge Bicknell to Regional head of sales and relationship management for Institutional Clients, reinforcing its ambition to grow in the asset manager and asset owner segment of the market. 

b-next, a specialist provider of Market Abuse Surveillance, Insider Dealing and Compliance software solutions, is expanding its sales division to build further successful sales channels that will contribute to future growth. Stefan Hoppe joins as Sales Manager.

The Securities Industry and Financial Markets Association (SIFMA) today announced the appointment of former three-term U.S. Senator Judd A. Gregg as Chief Executive Officer of the Association and the appointment of former U.S. Representative and SIFMA Acting President & CEO Kenneth E. Bentsen, Jr. as President of the Association.

NYSE Technologies, the commercial technology division of NYSE Euronext, has announced the appointment of Varghese Thomas as Senior Vice President and Global Head of Infrastructure Solutions.  

Apex Fund Services (“Apex”), one of the world’s largest independent fund administration companies, announces the appointment of David Brown as the new Managing Director of Apex’s Bermuda office.