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New boss for ING announced

ING New Zealand has confirmed the appointment of Marc Lieberman as its new managing director who will replace Paul Fyfe when he retires next year.

Wednesday, October 5th 2005, 12:12AM
Lieberman’s appointment follows an extensive internal global search to find a successor for Fyfe.

Lieberman (pictured) is currently head of strategic distribution with ING Life in Minneapolis, USA. He has been with the ING Group since April 2000 in a number of senior financial services roles.

Lieberman has 20 years' industry experience covering the full scope of operational and sales functions across insurance, managed funds and investment markets.

"His experience is well suited to the breadth of ING’s business in New Zealand today and I have no doubt he will prove a great asset in further strengthening the company’s presence in this marketplace," Fyfe says.

"His appointment gives me great confidence that the excellent work achieved by the company to date will continue in the future."

Lieberman is due to arrive in New Zealand, with his family, early in the New Year.

Fyfe will leave the company at the end of February 2006, after a career spanning four decades in the financial services sector.

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