Rodney O. Martin Jr., ING chief
executive officer, will provide oversight responsibility for ING U.S.’s core retirement
and insurance businesses, while continuing his current direct management
responsibilities as CEO. Martin, who has more than 35 years of financial
services experience, assumes the duties effective immediately.
Alain Karaoglan, executive vice president, has
been promoted to chief operating officer and will assume oversight
responsibility for ING U.S.’s core investment management business, brand marketing,
operations and information technology, in addition to continuing his
responsibilities for strategy and corporate development and investor relations.
He has more than 25 years of experience in financial services.
Ewout Steenbergen, executive vice president and
chief financial officer, will now assume oversight responsibility for ING U.S.’s
treasury and capital management activities. He will continue to lead the finance
function in the areas of actuarial, tax, controllership, financial reporting, insurance
investments and procurement. Steenbergen has more than 22 years of financial
“This structure better leverages the strengths
and experience of all of our leaders, and intensifies our focus on helping
Americans address their retirement needs through our outstanding asset
accumulation, asset protection, and asset distribution products and services,”