Claude Dussault is retiring from his post as president and CEO of ING Canada effective January 1, 2008. He will assume the position of Chairman of the Company after being elected by the Board of ING Canada. Claude has been the main architect of our growth strategy. Under his tenure as CEO, the company has acquired and integrated two large insurance companies and launched one of the largest and most successful Initial Public Offerings, making ING Canada one of the top 100 companies in Canada, Yves Brouillette, chairman of the Board, ING, said in a release. My colleagues on the Board were pleased that he accepted our offer to lead the Board’s activities. Claude has demonstrated a great intellect and outstanding business acumen and we are privileged that we will continue to benefit from his experience and advice.Charles Brindamour will succeed Dussault as president and CEO beginning January 1. Brindamour has helded a number of executives positions both in Canada and Europe since joining ING in 1992. He has served as COO at ING Canada since January of 2007. Charles has demonstrated strong leadership abilities over the years andwas instrumental in the development and execution of the vision and strategy, Brouillette said in a release. Brindamour said in the release, Yves, Claude and the management team have created an outstanding organization and have transformed ING Canada from a collection of regional insurance companies into the largest property and casualty insurance provider in the country. I am looking forward to leading the organization to new heights, together with the ING Canada team, and with the great legacy left by Yves and Claude.Brouillette, who has been the chairman of ING Canada since 2002, will remain a director of ING and continue to play an active role in Board Committees.
Changes at helm of ING Canada