ING Hires SVP for Midwest Region

July 25, 2011 ( - ING Investment Management has hired Ken Sarafa as Senior Vice President, Institutional Sales and Relationship Management with responsibility for the MidWest Region.

Sarafa’s focus is the corporate and foundation/endowment markets.  He will work closely with Darren Massey who covers public and Taft Hartley accounts in the Midwest. At ING Investment Management, Sarafa reports to Bas NieuweWeme, Head of Institutional Sales, and joins a team of a dozen sales professionals who represent the firm’s broad array of strategies to institutions nationally.  

According to a press release, Sarafa, who has more than 20 years of experience, joins ING Investment Management from Munder Capital where he worked for 11 years, most recently as Director of Institutional Investment Services. Before Munder, Sarafa worked as a consultant for eight years and was Managing Principal and Head of Mercer’s Detroit office and also at Hewitt Associates in Chicago and Detroit.  Sarafa began his career at Ford Motor Company.   

He holds an M.B.A. from the J.L. Kellogg Business School of Northwestern University and a B.B.A. from the University of Michigan.