Financial Daily from THE HINDU group of publications
Saturday, Jan 14, 2006
Financial Daily from THE HINDU group of publications Saturday, Jan 14, 2006 |
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Money & Banking
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Private Banks Vaughn Richtor is ING Vysya Bank CEO Our Bureau
Bangalore , Jan.13 ING Vysya Bank has appointed Mr Vaughn Richtor as Chief Executive and Managing Director for a three-year term effective from February this year. Mr Richtor succeeds Mr Bart Hellemans, who has moved back to ING group, a bank release said. Mr Richtor has been with the group since 1991 and has worked in the financial sector in the UK and Australia for more than 25 years. His experience included positions in wholesale and retail banking, the release added. Since 1999 Mr Richtor has been the Chief Executive Officer of ING Direct, Australia, the release said. The move marks a return to Bangalore by Richtor (50), who was born and had spent his early childhood in the city. The bank hoped to leverage on Mr Richtor's experience in strengthening its retail banking operations in the country, the release added.
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