Tanate Phutrakul - ING Groep CFO, Member of the Management Board

INGVF Stock  USD 15.09  0.89  5.57%   

CFO

Mr. Tanate Phutrakul was Chief Financial Officer, Member of the Management Board Banking of ING Groep N.V. since February 7, 2019. He ahs recently been ING Group Controller. He first joined ING in 1998 as managing director of ING Barings Securities Thailand. From 2003 until 2008 he served as head of Wholesale Banking and chief financial officer of TMB Bank in Thailand. In 2008 he rejoined ING to become CFO of the Operations and IT unit and later of Retail Banking International. In 2015 he took up the position of CFO of ING in Belgium, a role he held until October 1, 2018. Tanate Phutrakul holds a masters degree in Engineering from Imperial College, University of London, and an MBA from Harvard Business School. since 2019.
Age 58
Tenure 5 years
Professional MarksMBA
Phone31 20 563 9111
Webhttps://www.ing.com

ING Groep Management Efficiency

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.
ING Groep NV has accumulated 111.7 B in total debt. 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.

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ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands. ING GROEP operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 57000 people. ING Groep NV [INGVF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

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.
Steven Rijswijk, Chief Risk Officer, Member of the Management Board Banking, Member of the Executive Board
BA BSc, Challengers Retail
Marnix Stiphout, Chief COO
Ljiljana Cortan, Chief Banking
Erwin Olijslager, Principal Officer
Andrew Bester, Head Banking
Ron Kemenade, Chief Banking
Tanate Phutrakul, CFO, Member of the Management Board
HanTsung Ho, Ex Director
Pinar Abay, Head Banking

ING Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet 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.

Currently Active Assets on Macroaxis

Other Information on Investing in ING Pink Sheet

ING Groep financial ratios help investors to determine whether ING Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ING with respect to the benefits of owning ING Groep security.