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ING names new chief executive

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CATHY ADAMS

Dutch bank ING this morning confirmed that Ralph Hamers will succeed Jon Hommen as chief executive in October.

Hamers is currently chief executive of ING Belgium, and has been in the role since 2011.

Hommen, whose four-year term on the executive board will expire after the AGM in May, has headed up the Dutch bank since 2009.

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B A Allan Ltd.

Citigroup reveals pay shake-up as Corbat gets $11.5m for 2012

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MICHAEL BOW

GLOBAL banking giant Citigroup yesterday introduced a new pay policy for top executives at the firm to more closely align salaries and bonuses with the banks performance.

The move, revealed in a regulatory filing yesterday, follows shareholder concerns over payouts which led to the departure of former boss Vikram Pandit after shareholders rejected his pay deal last year. Executive pay used to include a controversial profit-sharing plan, which has now been shelved.

When our shareholders spoke last year about Citis compensation structure, we listened. We have stepped up our efforts to solicit feedback from investors to better understand their concerns, chairman Michael ONeill said. Citi said the new executive pay programme would use a scorecard-based structure to remove the discretionary nature of pay awards in the past.

In light of the tougher measures, shareholders agreed to award chief executive Michael Corbat $11.5m (?7.5m) for 2012, which included a $4.18m cash bonus and $6.27m of shares.

     
     
  B A Allan Ltd.  
 

ADDRESS: 210 High St North East Ham

CITY: London

COUNTY: London

POST CODE: E6 2JA

TELEPHONE NUMBER: 020-8472-1515

CATEGORY: Newsagents - Retail

 

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In the user review section, you can find information about the relationship of people with that company to improve product quality, and now, when the company purchased new equipment. Production shops began to work with maximum efficiency. The company plans to expand production. Cooperating with it means getting only high quality products. Various bits of useful information about the company can meet in the comments.

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Finally, if you are determined to work with this company - you can visit the company's office. It is located at 210 High St North. Our site wishes you successful and lucrative contracts!

Call B A Allan Ltd.: 020-8472-1515

 
     
 

ING names new chief executive

0000-00-00

CATHY ADAMS

Dutch bank ING this morning confirmed that Ralph Hamers will succeed Jon Hommen as chief executive in October.

Hamers is currently chief executive of ING Belgium, and has been in the role since 2011.

Hommen, whose four-year term on the executive board will expire after the AGM in May, has headed up the Dutch bank since 2009.

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