NETHERLANDS - Dutch bancassurer ING has appointed Jan Nijssen to the new post of global head of pensions.

Nijssen will be responsible for the development and co-ordination of ING's global pension strategy.

ING says Nijssen's task will be “to initiate, support and expand local pension activities, to leverage global opportunities and to utilise and export proven pension business models”.

He will report directly to Fred Hubbell, a member of ING’s six-strong executive board. Hubbell assumed board level responsibility for ING’s global pensions business in March.

Nijssen, 49, is currently chairman of the management committee ING Central Europe. He has been responsible for rolling out employee benefit programmes in Romania and Greece. In October, ING Europe launched the first foreign non-state pension fund in Russia, a voluntary pension fund for corporate clients.

Nijssen takes up his appointment on July 1. He will remain a member of the executive committee ING Europe and will become a member of the executive committees ING Americas and ING Asia/Pacific

ING spokesman Michiel Gosens said the appointment reflected the importance ING attaches to pensions and employee benefits. “ING has made pensions one of its global priorities and Mr Nijssens’ new appointment raises responsibility for global pensions to the executive board level.”