Jan Balkenende - ING Groep Independent Member of the Supervisory Board
Executive
Mr. Jan Peter Balkenende was appointed Independent Member of the Supervisory Board of ING Groep N.V. with effect from September 1, 2017. He is Member of the Company Risk Committee. Previously, he was Partner at EY . He acts as a Professor of governance, institutions and internationalization at Erasmus University Rotterdam, as well as External senior adviser to EY, Member of the Board of Goldschmeding Foundation, Chairman of the Board Maatschappelijke Alliantie and Chairman of the Board of Noaber Foundation. since 2017.
| Age | 63 |
| Tenure | 7 years |
| Phone | 31 20 563 9111 |
| Web | http://www.ing.com |
ING Groep Management Efficiency
The company has Return on Asset of 0.57 % which means that on every $100 spent on assets, it made $0.57 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 9.93 %, implying that it generated $9.93 on every 100 dollars invested. ING Groep's management efficiency ratios could be used to measure how well ING Groep manages its routine affairs as well as how well it operates its assets and liabilities.The company has 148.85 B in debt with debt to equity (D/E) ratio of 3.09, meaning that the company heavily relies on borrowing funds for operations. ING Groep NV has a current ratio of 1.18, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist ING Groep until it has trouble settling it off, either with new capital or with free cash flow. So, ING Groep's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ING Groep NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ING to invest in growth at high rates of return. When we think about ING Groep's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | EXECUTIVE Age | ||
| John Park | Integrated Media Technology | 57 | |
| Megat Khairuddin | Integrated Media Technology | 57 | |
| Zhiyun Tan | Integrated Media Technology | N/A | |
| William Fehrman | Southwest Gas Holdings | 64 | |
| Jerome Nichols | Black Hills | N/A | |
| Michael JD | NRG Energy | 58 | |
| Randall Gabe | Southwest Gas Holdings | 54 | |
| Rasesh Patel | NRG Energy | 50 | |
| Amy Koenig | Black Hills | 50 | |
| Jerry Canning | National CineMedia | N/A | |
| Christopher Moser | NRG Energy | 53 | |
| Marne Jones | Black Hills | 50 | |
| Todd Jacobs | Black Hills | 55 | |
| Kevin CFA | NRG Energy | N/A | |
| Gerald Spencer | NRG Energy | 42 | |
| Daniel Hahn | National CineMedia | N/A | |
| Amy Tunick | National CineMedia | N/A | |
| Serge Hascoet | UbiSoft Entertainment | N/A | |
| Stacie Tursi | National CineMedia | N/A | |
| Gin Kinney | NRG Energy | N/A | |
| George Yatzis | Integrated Media Technology | N/A | |
Management Performance
| Return On Equity | 9.93 | |||
| Return On Asset | 0.57 |
ING Groep NV Leadership Team
Elected by the shareholders, the ING Groep's board of directors comprises two types of representatives: ING Groep inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ING. The board's role is to monitor ING Groep's management team and ensure that shareholders' interests are well served. ING Groep's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ING Groep's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cindy EldertKlep, Company Secretary | ||
| Hermann Lamberti, Member of the Supervisory Board | ||
| Henk Breukink, Member of the Supervisory Board | ||
| Margarete Haase, Independent Member of the Supervisory Board | ||
| Ann Sherry, Member of the Supervisory Board | ||
| Roland Boekhout, Member Management Board Banking, Head of Market Leaders | ||
| Fernandez Niemann, Member of the Management Board, Head of Wholesale Banking | ||
| Robert Reibestein, Independent Member of the Supervisory Board | ||
| Isabel Castella, Member of the Supervisory Board | ||
| Aris Bogdaneris, Member of the Management Board Banking, Head of Challengers & Growth Markets | ||
| Steven Rijswijk, Chief Risk Officer, Member of the Management Board Banking, Member of the Executive Board | ||
| Wilfred Nagel, Member of the Management Board, Chief Risk Officer | ||
| Joost Kuiper, Member of the Supervisory Board | ||
| HermannJosef Lamberti, Independent Vice Chairman of the Supervisory Board | ||
| Hans Wijers, Independent Chairman of the Supervisory Board | ||
| Jeroen Veer, Chairman of the Supervisory Board | ||
| Ralph Hamers, Chairman of Executive Board, CEO, Chair of the Management Board Banking and CEO of Management Board Insurance Eurasia | ||
| Pinar Abay, Member of the Management Board Banking and Head of Market Leaders | ||
| Jan Balkenende, Independent Member of the Supervisory Board | ||
| Malcolm Brown, Head of Investor Relations | ||
| Mike Rees, Independent Member of the Supervisory Board | ||
| Mark Milders, Head of Investor Relations | ||
| William Connelly, Member of the Management Board Banking, Head of Wholesale Banking | ||
| Carin Gorter, Member of the Supervisory Board | ||
| Eric Giroday, Member of the Supervisory Board | ||
| Patrick Flynn, CFO and Member of Executive Board | ||
| Mariana Gheorghe, Independent Member of the Supervisory Board | ||
| Koos Timmermans, Vice Chairman of the Management Board Banking | ||
| Isabel Niemann, Member of the Management Board Banking, Head of Wholesale Banking | ||
| Tanate Phutrakul, Chief Financial Officer, Member of the Management Board Banking | ||
| Roel Louwhoff, Chief Operations Officer, Chief Transformation Officer, Member of the Management Board Banking | ||
| Hendrica Verhagen, Independent Member of the Supervisory Board |
ING Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ING Groep a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 9.93 | |||
| Return On Asset | 0.57 | |||
| Profit Margin | 29.20 % | |||
| Operating Margin | 43.18 % | |||
| Current Valuation | 118.24 B | |||
| Shares Outstanding | 3.88 B | |||
| Shares Owned By Insiders | 81.29 % | |||
| Price To Earning | 16.66 X | |||
| Price To Book | 1.70 X | |||
| Price To Sales | 4.99 X |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in ING Stock
If you are still planning to invest in ING Groep NV check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ING Groep's history and understand the potential risks before investing.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities |