Marnix van Stiphout to Join ING as COO/CTO

ING, a global financial institution with a strong European base, announced that it has appointed Marnix van Stiphout as chief operations officer and chief transformation officer (COO/CTO) and member of the Management Board Banking.

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According to the announcement, Marnix will take up his position on 1 September 2021, succeeding Roel Louwhoff, who stepped down from the Management Board Banking on 1 August 2021.

Marnix has broad banking experience with deep expertise in operations and transformation programmes across Wholesale and Retail Banking, as well as orchestrating, streamlining and improving global and local processes, including for Know Your Customer (KYC).

Marnix joined ING in 1998 as Managing Director and then was promoted as global head of Value Chain Management for ING Financial Markets. In 2014, he was appointed COO of ING Wholesale Banking, where he was responsible for the day-to-day operations and global transformation.

Marnix holds a degree in Financial Economics from the Vrije Universiteit Amsterdam and a degree in Economics from the London Metropolitan University. His appointment has been approved by the European Central Bank.