ING Appoints Andrea Cesaroni as Group Chief Risk Officer
ING announced on Monday the appointment of Andrea Cesaroni as the Group's Chief Risk Officer. Cesaroni, who has been leading integrated risk management since 2022, has been acting in this role since February 2026.
Internal Promotion After Several Months of Interim
Andrea Cesaroni will be appointed as a member of ING's management board effective June 8, 2026. The supervisory board will propose his appointment to the ING Group's executive board at an extraordinary general meeting scheduled for July 31, 2026. This appointment will take effect following the meeting, subject to shareholder approval. The European Central Bank has already approved this appointment.
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Cesaroni joined ING in 2022 as the director of integrated risk management, with overall responsibility for risk management policies, frameworks, and governance, including ESG risks and risk modeling. Prior to this, he held positions as the group's financial risk manager and head of risk models and credit risk governance at UniCredit, as well as consulting roles at Deloitte and Arthur Andersen. He holds a degree in economics from the University of Rome and an MBA from the University of Bologna's business school.
Departure from the Executive Board of Ljiljana Čortan
Ljiljana Čortan, the former risk director, took over as head of the group's Wholesale Banking division in February 2026. She will leave the executive board when Cesaroni's appointment is approved by the shareholders.
Another strong quarter, with continued commercial momentum, in line with our strategy to accelerate growth
Forte dynamique commerciale : croissance des prêts, progression structurelle des commissions, génération de capital solide permettant distributions additionnelles (annonce €1,6 bln dont €1,1 bln de rachats et €500 mln en cash). Résultats resilient avec NII commercial soutenu et fees en forte hausse.
Risks mentioned
Augmentation attendue des exigences réglementaires de fonds propres (CCyB, P2R, buffers sectoriels)
Impact attendu négatif d'environ €0,8 billion post tax lié à la cession prévue de l’activité en Russie
Risque macroéconomique et de marché (taux d’intérêt, change)
Risques opérationnels et réglementaires décrits dans la section 'Important legal information'
Opportunities identified
Poursuite de la croissance des commissions et des clients mobiles (objectif +1 mln mobile primary en 2025)
Repricing des dépôts et réduction des coûts de dépôt (impact 2025 estimé ~€1,1 bln pour zone euro retail)
Déploiement de capital excédentaire dans la croissance profitable et rachats d’actions
M&A sélectif basé sur critères stricts
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
