Frankfurt am Main, 31 October 2023 - The Supervisory Board of ING Germany has approved the appointment of Sascha Malsy (42) as Chief Representative of the bank. Malsy will also take up the newly created position of Head of Capital Markets & Advisory Germany & Austria and will continue to report to Eddy Henning, Head of Wholesale Banking of ING Germany. Both appointments came into effect on 1 October.
Nick Jue, CEO of ING Germany: "Sascha is an experienced wholesale banker with exceptional expertise and a strong client focus. He also contributes to overarching, strategically important topics such as the risk culture of our bank. On behalf of the Management Board of ING Germany, I would like to congratulate Sascha on his appointment as Chief Representative."
Eddy Henning, Head of Wholesale Banking of ING Germany: "Sascha has played a major role in the positive development of ING Germany's Wholesale Banking. Together with his team, he has managed to expand our expertise and position us in capital market-related products as well as advisory services and achieved strong success in the market."
Malsy has been with ING Germany since April 2017 and has held various roles in Wholesale Banking, the bank's corporate client business, during this time. In his new role as Head of Capital Markets & Advisory Germany & Austria, Sascha Malsy is responsible for Global Capital Markets, Corporate Finance, Loan Distribution Group and Acquisition Finance. Malsy is looking back on 20 years of experience in the banking industry.
ING in Germany
With over 9 million customers, we are the third-largest bank in Germany. Our core products are current accounts, mortgages, savings, consumer loans and securities. In the Business Banking segment, we grant loans to small and medium-sized enterprises and offer an interest-bearing call money account. In Wholesale Banking, we offer banking services to large, international companies. With over 6,000 colleagues, we are represented in Frankfurt am Main (headquarters), Berlin, Hanover and Nuremberg.