By Ian Walker

ING Groep NV (INGA.AE) said Wednesday Bill Connelly is retiring as a member of the board and head of the wholesale banking business and will be replaced by Maria Isabel Fernandez Niemann.

Ms. Niemann will join the board on Sept. 1, and become head of wholesale banking Nov. 1 upon Mr. Connelly's retirement, ING said. She joins from General Electric where she is global commercial leader and head of sales for the company, based in the U.S.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

(END) Dow Jones Newswires

June 01, 2016 02:45 ET (06:45 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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