Tanate Phutrakul to Step Down as CFO of ING by 2026

Investor - People | Jul 24, 2025 | ING Ventures

Tanate Phutrakul to Step Down as CFO of ING by 2026

Tanate Phutrakul is set to resign as CFO and Executive Board member of ING, effective from the Annual General Meeting in April 2026, after serving the company for 24 years. His tenure included crucial roles such as managing director of ING Barings Securities Thailand and CFO of TMB Bank. His work has been pivotal in guiding ING through financial challenges and driving the bank's sustainability initiatives. Both Karl Guha, Chairman of ING's Supervisory Board, and Steven van Rijswijk, CEO, expressed gratitude for Phutrakul's leadership, emphasizing the impact and strong performance shaped under his direction. The process to find his successor has already begun. Meanwhile, ING continues its commitment to ESG goals amidst ever-changing regulatory and economic conditions.

Sectors

  • Banking and Financial Services
  • Sustainability and ESG

Geography

  • Netherlands – ING is based in Amsterdam, Netherlands, which is where the CFO’s departure announcement is being made.
  • Global – ING operates in over 100 countries and has a global footprint, making the impact of its executive and strategic decisions worldwide.

Industry

  • Banking and Financial Services – The article discusses ING, a major global financial institution offering retail and wholesale banking services, including the future transition of its CFO.
  • Sustainability and ESG – The article highlights ING's strategic focus on sustainability and its ESG ratings, demonstrating the bank's commitment to these principles.

Financials

    Participants

    NameRoleTypeDescription
    Tanate PhutrakulOutgoing CFOPersonCFO and Executive Board member of ING who will step down by 2026 AGM.
    ING GroupBanking InstitutionCompanyA global financial institution with a strong European base offering banking services.
    Steven van RijswijkCEOPersonCEO of ING, spoke about Tanate Phutrakul's contributions.
    Karl GuhaChairman of Supervisory BoardPersonChairman of ING's Supervisory Board who commented on Tanate Phutrakul's departure.