ING Investment Management (ING IM) has appointed Hans Stoter as chief investment officer and member of its International Management Committee.
Stoter has been with ING IM since 1998 and succeeds Mark Weber, who has returned to the US office of ING IM to resume his responsibilities as executive vice president of structured assets, loans and alternatives.
As CIO, Stoter will also chair the global investment leadership team, which oversees the investment teams, investment processes, portfolio performance, and risk characteristics of mandates and funds managed by ING IM International’s investment boutiques.
Tim Dowling will succeed Stoter in his former role as head of credit investments and lead portfolio manager of global high yield.
Dowling, currently team leader and lead portfolio manager of US high yield, will remain located in ING IM International’s satellite office in New York, from where he will lead the multi-site global credit team and have continued responsibility for the investment process for the US region. He will report directly to Hans Stoter.
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