ING Americas Strengthens Its Transaction Services Team
ING Americas is proud to announce a significant expansion of its Transaction Services business in the U.S. The team is set to grow in response to increasing client demand and the complexities of today's global financial landscape. With these new developments, the company aims to enhance its service offerings and provide even greater support for clients navigating challenges in treasury and liquidity management.
Understanding the Growth Drivers
As businesses face an evolving financial environment, the need for local support has never been greater. The increase in treasury centers across various operations is prompting more sophisticated management of daily payments, working capital in multiple currencies, and complex trade-finance operations. ING Americas recognizes that in order to assist its clients effectively, a robust team with diverse expertise is essential.
Leadership and Strategic Appointments
At the helm of the Transaction Services Team is Tibor Bartels, Managing Director, who emphasizes the importance of delivering tailored financial solutions. Bartels believes that expanding the team will bring in unique perspectives on financial operations that can guide clients through the complexities of modern finance.
Among the exciting new hires is Lise Gjertsen, the new head of the Transaction Services sales team. Gjertsen comes with extensive experience from her tenure at CitiBank, having worked in various financial locations, including Oslo, London, and New York. Her wealth of knowledge will be invaluable in leading the sales efforts.
Expanding Client Services
Another key appointment is Zlatina Hristova, who joins as Director of Transaction Services Sales. Hristova brings over 18 years of experience with ING, most recently overseeing Transaction Services in Bulgaria. Her strategic insights will be pivotal as the team implements its regional strategy.
Pascal ter Haak has taken on the role of Director, focusing on enhancing client services that allow multinational corporations to centralize cash management. His expertise lies in providing streamlined visibility and control over global cash positions, enabling effective liquidity management without disrupting local banking arrangements. With over 7 years of experience in Transaction Services Americas, Pascal's leadership will be instrumental in this expansion.
Introducing New Working Capital Solutions
Nadine Ghandour has also stepped into the role of head of Working Capital Solutions. Her mission is to help large corporates unlock liquidity through a variety of solutions, including receivables financing and supply chain finance. With a decade of experience in trade finance at BNP Paribas, Ghandour is set to drive growth in this crucial area.
Lastly, Laurence Amar joins ING as head of Product Management, where he will focus on developing innovative payments and cash management capabilities. Amar has a robust background in the New York financial market and has worked with multiple institutions, making him a great asset to the team.
About the Transaction Services Team
The Transaction Services team is dedicated to providing comprehensive financial solutions, including working capital management, receivable finance, and supply chain finance advisory services. Its mission is to help clients across Asia, Europe, and the U.S. optimize cash flow and enhance liquidity with tailored structures that address needs across regions.
About ING Americas
As part of ING Group N.V., ING Americas represents the wholesale banking operations in the Americas. The company is committed to empowering individuals and businesses through its banking services. With a workforce exceeding 60,000 employees, ING Bank delivers a wide range of retail and wholesale banking services to clients in over 40 countries worldwide.
ING is dedicated to sustainability and responsible banking. The institution's policies are evaluated by independent research providers, affirming their commitment to environmental concerns. ING's ESG rating by MSCI was reconfirmed as 'AA', reflecting strong management of ESG risks.
Frequently Asked Questions
What is the purpose of ING America's expansion in transaction services?
ING Americas aims to enhance its capabilities in treasury and liquidity management to better serve clients amid increasing global complexities.
Who leads the Transaction Services Team at ING Americas?
The team is led by Tibor Bartels, who is focused on delivering tailored financial solutions for clients.
What roles have been created in the new expansion?
Key appointments include Lise Gjertsen, Zlatina Hristova, and Pascal ter Haak, among others, each bringing valuable experience to the team.
How does ING support its clients across different regions?
By offering customized financial solutions that address regional needs, focusing on liquidity optimization, and advising on cash management strategies.
What is ING's commitment to sustainability?
ING aims to incorporate sustainability into its core operations, receiving positive assessments from independent evaluators regarding its ESG policies.
