ING to nominate Petri Hofsté and Stuart Graham as members of the Supervisory Board
ING announced today that it will propose to appoint Petri Hofsté and Stuart Graham to the Supervisory Board at the Annual General Meeting (AGM) to be held on 22 April 2025. The proposed appointments are part of the agenda for ING's 2025 AGM that has been published today. Upon decision by the AGM, the appointments will be effective as of 1 July 2025.
Petri Hofsté (Dutch, 1961) has extensive experience in the financial and corporate sector, including as auditor, controller and CFO. She served as division director of Banking Supervision at De Nederlandsche Bank and held board positions at various financial institutions. Currently she is a member of the supervisory board at Achmea (until 15 April 2025), Royal Friesland Campina and Pon Holdings and is chair of the Nyenrode Foundation. Petri holds a master's degree in Business Economics, Finance and Accounting from the Vrije Universiteit Amsterdam, as well as a degree as chartered accountant.
Stuart Graham (British/German, 1967) has more than three decades of experience in the financial sector. He is the co-founder and prior CEO of Autonomous Research, a leading global financial services research firm. Before that, he was a banking analyst at JP Morgan and Merrill Lynch and was regularly ranked as a leading equity research analyst on European banks. He currently is consultant to Trade Republic. Stuart holds a master's degree in Modern History from Cambridge University.
Karl Guha, chairman of the Supervisory Board of ING said: "The addition of Petri Hofsté and Stuart Graham to our board will allow ING to benefit greatly from their experience and insights as we execute our strategy to be the best European bank by accelerating growth, increasing impact and delivering value. I look forward to working with them."
The AGM agenda also includes the proposals to reappoint Steven van Rijswijk and Ljiljana Cortan for a term of four years to the Executive Board, and to reappoint Lodewijk Hijmans van den Bergh for a term of four years and Margarete Haase for a term of two years to the Supervisory Board. All four were (re)appointed at the AGM in 2021. All proposed (re)appointments have been approved by the European Central Bank.
It will also be proposed to appoint Deloitte Accountants BV as the external auditor to provide assurance on the Sustainability Statement for a term of four years starting on 1 January 2026. At the 2024 AGM, Deloitte was appointed as external auditor for the audit of the financial statements for a term of four years starting on 1 January 2026.
Full details of all agenda items are included in the proxy materials for our AGM. The proxy materials also include the 2024 Annual Report of ING, including the Annual Accounts and the reports of the Executive Board and the Supervisory Board, as published on 6 March 2025, as well as other information and documents as required by law. The proxy materials, including the agenda for the AGM, are available on our website (ing.com/agm).
Registered shareholders may attend the AGM starting at 2 p.m., either in person at Muziekgebouw aan 't IJ (Piet Heinkade 1, 1019 BR Amsterdam, the Netherlands) or remotely, by logging on to the electronic platform 'Evote by ING', available via ing.com/agm. The supporting materials published today provide further details on how to register, participate and vote. The AGM will also be webcast live via ing.com. Shareholders are advised to check the information on the website regularly for any updates, including details on admission requirements.
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