Dutch multinational financial services corporation ING has named a new Regional Head of Wholesale Banking for Asia.

Gerrit 507With effect from 1 September 2016 Gerrit Stoelinga, (pictured left) currently ING Wholesale Banking’s global head of International Trade & Commodity Finance (ITEF) and co-head of Structured Finance, will become Regional Head Wholesale Banking Asia. In the new role, Stoelinga will be responsible for the strategy and performance of ING’s Wholesale Banking business across 13 Asian markets.

China, India and Thailand

Stoelinga replaces Mark Newman, who was appointed regional head Wholesale Banking Asia in 2012 after having spent 20 years working for ING in the region in a variety of roles. Newman now has responsibility for ING’s retail banking business in Asia (ex-Australia), including responsibility for ING’s strategic partnerships with Bank of Beijing in China, Kotak Mahindra Bank in India and TMB in Thailand.