ING Americas Moves To Integrate Its US Businesses

September 25, 2001 ( - ING Americas, the Americas arm of Dutch bank ING Groep Inc., is moving to form an integrated US business and has named Thomas McInerney as chief executive of the firm's combined US retail insurance and retirement planning and employee benefits businesses.

ING Americas acquired those businesses when it bought Aetna?s financial services business and US insurer ReliaStar Financial last year. ING Americas is headquartered in Atlanta, Georgia.

Reporting Lines

McInerney will report to Glenn Hilliard, chairman and CEO of ING Americas, according to the company. Robert Salipante was named president of the unit.

McInerney has been CEO and general manager of US Worksite Financial Services, while Salipante was previously CEO and general manager of US Retail Financial Services.

John Turner, vice chairman of ING Americas, will continue to head ING Mutual Funds ? US and ING Institutional Markets and Reinsurance. He will continue to report to Hilliard.

ING Americas and its affiliates have $166 billion in assets under management, according to the firm.