The Dutch firm will propose the changes at its annual general meeting in May.

ING will propose the appointments of Jan Peter Balkenende, Margarete Haase and Hans Wijers to its supervisory board at its annual general meeting in May.

Balkenende, former prime minister of the Netherlands, is a professor at Erasmus University Rotterdam and an external senior advisor to EY.  He was also partner, corporate responsibility, from 2011 until mid-2016 at the Big Four firm. Balkenende is chairman of the Dutch Sustainable Growth Coalition, the International Advisory Board Rotterdam and the Germany-Netherlands Forum, and is also a board member of the Goldschmeding Foundation.

Haase is chief financial officer at Deutz. She has been a member of Deutz’s management board since 2009. From 1987 until 2009, she served in various management positions at Daimler-Benz and DaimlerChrysler. She is a member of the supervisory board of Fraport and ZF Friedrichshafen and of the German Corporate Governance Kodex committee.

Wijers was a member of the executive board and chief executive of AkzoNobel from 2002 until 2012. Between 1994 and 1998, he served as minister of economic affairs of the Netherlands. Wijers is chairman of the supervisory board of Heineken, deputy chairman at Royal Dutch Shell, member of the supervisory board of HAL Investments, chairman of the supervisory board of the Royal Concertgebouw Amsterdam and of the Vereniging Natuurmonumenten.

The supervisory board plans to elect Wijers as its chairman to succeed Jeroen van der Veer by the end of the annual general meeting next year. To ensure a smooth transfer, it will be proposed at the annual general meeting to reappoint van der Veer as a member of the supervisory board for another year.

The appointment of Balkenende will take effect at the end of the annual general meeting in May; Wijers’ position will take effect 1 September; and in light of a planned reduction of the total number of her board positions, the appointment of Haase will take effect at a later date.