ING Real Estate Investment Management ('REIM') is pleased to announce the appointment of Jan Meulenbelt as Global Head of ING Real Estate Select, subject to approval FSA and AFM, effectively January 1, 2010.
Jan Meulenbelt succeeds Nick Cooper, who resigned following the recent Head Office decision to re-locate the global Select business to the Netherlands. Jan Meulenbelt has extensive knowledge of the real estate multi-manager business. He joined ING Real Estate Select in 2006 to help build the business in Europe and was also part of the ING Real Estate Select European Investment Committee. Jan Meulenbelt has helped to develop the multi-manager business in Europe into one of the most successful businesses in this area.
Previously Jan Meulenbelt worked for ING Investment Management to develop Structured Bank and Insurance Guarantee Funds for institutional investors.
Commenting on the appointment, Pieter Hendrikse, CEO of ING Real Estate Investment Management Europe, responsible for ING REIM UK and ING RE Select said: "With Jan Meulenbelt's experience and team leadership I am convinced that we can continue to offer clients investment performance with central advice and allocation to the different global regions. He will lead the enhancement of client services with regional and local specialists in the different investment areas, with central support and reporting. ING REIM is a strong supporter of future growth for ING Real Estate Select and will continue to service clients with global- and regional investment solutions".
Jan Meulenbelt commented, "Our job is to strengthen the ongoing focus on servicing UK, European and Global clients with investments in our well-performing fund of funds and managed accounts, regionally and globally. We drive for transparency with clear reporting standards set by INREV."
ING Real Estate Investment Management focuses on the investment management of quality real estate in all major global markets with a total portfolio of over 65 billion.ING Real Estate Investment Management is part of ING Group, a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries.
Source: ING Real Estate