ING said yesterday that Jeroen Plag will replace Erik Versavel as country manager and head of clients in Korea. He will also become branch manager of ING Bank NV's Seoul office, subject to regulatory approval.
Plag's appointment became effective on March 1. He reports to Wilfred Nagel, chief executive officer of ING wholesale banking, Asia. Nagel says that he is delighted that Jeroen will stay in Asia with his move to Korea -- a country to which we have a long-term commitment. He adds that, with his high-level client contacts and his experience in some key areas relevant to our Korean franchise, I am confident that Jeroen will further build our business there...