The Supervisory Board of ING Group has the intention to appoint Mr. Karel Vuursteen as member of the Supervisory Board as per 17 April 2002.
Since April 1993, Karel Vuursteen is chairman of the Executive Board of Heineken N.V. As per 25 April 2002, he will step down from this position. At this moment, Mr. Vuursteen is Supervisory Board member of several international companies, such as Gucci Group, Randstad Holding and AB Electrolux. Mr. Vuursteen is also vice-chairman of the Supervisory Board of Universiteit Nyenrode.
The Central Works Council of ING Group has given its positive advice regarding the intended appointment of Mr. Vuursteen. The appointment will be put on the agenda of the Annual General Meeting of Shareholders of ING Group on Wednesday, 17 April 2002.
At this moment, Mr. Vuursteen is chairman of the Advisory Council of ING Group. After he has become a member of the Supervisory Board of ING Group, Mr. Vuursteen will be succeeded by Mr. Gerlach J.N.H. Cerfontaine, chairman of N.V. Schiphol Group and presently a member of the Advisory Council.
Mr. Jan Berghuis and Mr. Jan Kamminga will step down as members of the Supervisory Board of ING Group as per 17 April 2002. They are not available for reappointment because they have reached the maximum term as member of the Supervisory Board.