J.V. (Koos) Timmermans

J.V. (Koos) Timmermans

  • Member and CFO Executive Board ING Group
  • Member, CFO and vice-chairman Management Board Banking
Born: 1960
Nationality: Dutch

Profile

Koos Timmermans started his career at ING in 1996. He was a member of the Executive Board of ING Group and chief risk officer from 24 April 2007 until 1 October 2011. He was also head of Market Leaders from 1 October 2014 to 8 May 2017.

He was appointed vice-chairman of the Management Board Banking as of 1 October 2011.

Koos Timmermans has been a member and chief financial officer of the Executive Board of ING Group and Management Board Banking of ING Bank since 8 May 2017.

Koos Timmermans is responsible for ING’s financial departments, Investor Relations, Sustainability, and Regulatory & International Affairs.

Most important other ancillary position

  • Member of the Supervisory Board of Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (“FMO”, Entrepreneurial Development Bank) (including chairman of its audit and risk committee)

Education

Koos Timmermans graduated from Erasmus University Rotterdam in 1986 with a master’s degree in economics.

Career

2017 Member and CFO Executive Board ING Group, member and CFO Management Board Banking
2011 Vice-chairman Management Board Banking
2014-2017 Responsible for ING Bank’s operations in the Benelux as head of Market Leaders
2007-2011 ING Group, Amsterdam, the Netherlands, member Executive Board and chief risk officer
2006-2007 ING Group, Amsterdam, the Netherlands, deputy chief risk officer ING Group
2000-2006 ING Group, Amsterdam, the Netherlands, head Corporate Market Risk Management
1996-2000 ING Group, Amsterdam, the Netherlands, head Treasury ING Insurance
1991-1996 IBM’S European treasury, Ireland
1986-1991 Amro Bank/ABN Amro Bank, Financial Markets interest-rate and FX derivatives area
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