ING CEO Catherine H. Smith Recognized as One of the 'Top 25 Nonbank Women in Finance'
24 Setembro 2009 - 5:25PM
PR Newswire (US)
Smith ranked #9 on 2009 list compiled by American Banker & U.S.
Banker WINDSOR, Conn., Sept. 24 /PRNewswire-FirstCall/ -- ING's CEO
of U.S. Retirement Services, Catherine H. Smith, was recently named
to American Banker and U.S. Banker's 2009 list of The Top 25 Most
Powerful Nonbank Women in Finance. The rankings were released on
September 23, and showcase those professionals who are identified
by the publications as being the top performers in the securities,
asset management, insurance, private equity and exchange
businesses. Smith, who is #9 on the list, has been leading ING's
Retirement Services division since December 2008. In her role,
Smith is responsible for one of the largest workplace retirement
plan management operations in the United States. The business
serves all segments of the defined contribution market -- 401(k),
457 and 403(b) plans -- as well as defined benefit plans. She also
oversees ING's network of broker-dealers, with approximately 8,000
registered representatives. Prior to this position, Smith was CEO
of ING's U.S. Insurance businesses. She also held other leadership
roles in the organization, including chief operating officer for
ING U.S. Financial Services and president of ING's Health,
Education and Government Distribution. To be eligible for The Top
25 Nonbank Women in Finance, an executive must be in her position
for at least one year, and hold a title of senior vice president or
higher. Decisions are based on both quantitative factors (such as
one-year performance and the results of business initiatives) and
qualitative measurements (such as job complexity and
responsibility, management style, best practices and innovation,
community involvement and overall influence). More information
about the rankings can be found at http://www.us-banker.com/ or in
the October issue of U.S. Banker magazine. ING's U.S. Retirement
Services is currently the nation's largest defined contribution
plan provider based on number of sponsors, with over 52,000; the
second largest based on number of plan participants with
approximately 7 million; and the third largest based on combined
assets under management and administration, with more than $235
billion.(1) It is one of the few providers with a scaled leadership
presence across the entire defined contribution spectrum and the
ability to offer retirement solutions for any size or segment of
the market. (1) Pensions & Investments, July 27, 2009. Press
inquiries: Joe Loparco ING Americas Office: 860.580.2677 Cell:
860.462.6525 About ING ING is a global financial institution of
Dutch origin offering banking, investments, life insurance and
retirement services to over 85 million private, corporate and
institutional clients in over 40 countries. With a diverse
workforce of nearly 110,000 people, ING is dedicated to setting the
standard in helping our clients manage their financial future. In
the U.S., the ING (NYSE:ING) family of companies offers a
comprehensive array of financial services to retail and
institutional clients, which includes life insurance, retirement
plans, mutual funds, managed accounts, alternative investments,
direct banking, institutional investment management, annuities,
employee benefits, financial planning, and reinsurance. ING holds
top-tier rankings in key U.S. markets and serves approximately 30
million customers across the nation. For more information, visit
http://www.ing.com/US. DATASOURCE: ING Americas CONTACT: Joe
Loparco, ING Americas, +1-860-580-2677, or cell, +1-860-462-6525,
Web Site: http://www.ing.com/us
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