ING Wholesale Banking in Switzerland, led by Gregory Lambillon, unveils its growth ambition for the country. The bank will enhance its product and service offering to be more relevant to clients while diversifying across additional sectors, including Healthcare & Pharma, and Asset Managers.
ING in Switzerland operates from Geneva and Zurich, servicing its clients across multiple sectors and its subsectors, with more than 300 staff. The ING office in Geneva is the center of excellence as well as the European, Middle East and Africa (EMEA) hub for TCF activities within ING. The bank continues to invest in this sector, with the ambition to maintain its leading position in the TCF market. The expanding Zurich office is the coverage hub for multinational corporates, as one of the top five providers for large Swiss companies. The Zurich team also provides services to Financial Institutions: banks and non-banks, along their value chain, tapping the large base of asset managers in the country.
With the expansion of the offering across the corporate sector, ING recognises and addresses the needs of clients for increased tailored financial solutions and expertise. The bank aims at enhancing its customized approach that will help clients grow and ensure their success in the future. These include treasury management, risk management and digital banking services, trade & working capital operations and bespoke financial market solutions, across the entire ING network. At the same time, ING will continue to work hand in hand to facilitate the transition to new sustainable business models.
We are excited to take this step in expanding our presence on the ground across key sectors for the Swiss economy. This expansion reflects our commitment to deliver superior value for clients by bringing dedicated sector expertise and unique differentiation. We want to build scale in more market segments, and play a bigger role in the economies we operate in. We are looking forward to being a trusted banking partner for businesses looking to grow and develop strategically in Switzerland and international – says Gregory Lambillon, CEO & Country Manager of ING in Switzerland.
The growth ambition at ING in Switzerland aligns with the next phase of ING’s strategy, aimed at being the best European bank by accelerating growth, increasing impact, and delivering value. In Switzerland, ING has started to bring this strategy to life through optimizing the existing set-up for coverage bankers, new hires across sectors and product teams, and the move to a new office in Zurich. To-date the bank has been covering the following segments: Financial Institutions, non-bank Financial Institutions, Trade Commodity Finance, Telco, Pharma & Healthcare, Energy & Utilities, Transport & Logistics, Chemicals and the wider corporates sector. It will continue to do so, leveraging on local expertise, product and sector specialization, as well as the ING international network to best understand and help realize clients’ global ambitions.
ING has been servicing clients in Switzerland for more than 20 years. Throughout this time, we have built long-term through-the-cycle relationships with clients which we can be very proud of. We now look forward to continuing our growth ambition together with clients for a long-term vision and strengthening our relationships - Jochen Munzinger, Head of Sectors at ING Switzerland, concludes.