ING Wholesale Banking and the role of Nijhuis
Back to the beginning. What exactly does ING Wholesale Banking do and what is Nijhuis' role? Large corporates have unique needs: international payments, trade finance, financial markets and they take out large loans. This is, in a nutshell, Wholesale Banking. ING Wholesale Banking serves these multinationals in more than 40 countries.
As Chief Operating Officer (COO) of ING Wholesale Banking, Danny Nijhuis speaks with his team from Asia in the morning, his team from Europe in the afternoon and his team in America in the evening. Nijhuis has spent his entire working life in the financial world. Thirty years ago, he started as a data analyst and project leader at ABN Amro. After working extensively in the IT world and leading transformation programmes, he has been COO of ING Wholesale Banking since 2020.
In his role as COO, Nijhuis is responsible for product handling as well as transformation into the future. In addition, Nijhuis is responsible for WB CISO (Corporate Information Security Officer), for WB data management and data privacy and is in charge of the WB KYC (Know Your Customer) section. He monitors areas such as cybersecurity, fraud, business control and business continuity. In total, he manages some 4,000 people, about half of whom work in the Shared Service organisations in Manila and Bratislava. An enormous range of tasks and therefore capable of understanding the wholesale market like no other.