Company: INGVF
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001628280-25-010764
Chunk: 153

Company: ING GROEP NV
Filing Date: 2025-03-06
Form: 20-F
Item: Item 6
Chunk 153
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utive member of the board of ING Belgium N.V./S.A. and member of the supervisory board of ING-DiBa A.G.                                                                                                                                                                                                                                                        Relevant CRD IV position(s)Member of the MBB                                                                         Relevant CRD IV position(s)Member of the MBB                                                                                           Relevant CRD IV position(s)Member of the MBB                                                                                                                                                                                        
Other ancillary positions▪Member of the Management Board of the Nederlandse Vereniging van Banken (NVB)▪Member of the Cyber Security Council (CSR)                                                                                  Other ancillary positions▪None                                                                                                                                                                                                                     Other ancillary positions▪None                                                                                                                                                                                                   Other ancillary positions▪Member of the board of EPI Company SE                                                                                                                                                                                                                                                                                                                                                      Other ancillary positions▪None                                                                                       Other ancillary positions▪None                                                                                                         Other ancillary positions▪None                                                                                                                                                                                                      
ING Group Annual Report 2024 on Form 20-F 

Contents       Part I         Part II        Part III       Additional information        Financial statements    
Supervisory Board
Roles and responsibilities 
The Supervisory Board (SB) members are collectively responsible for supervising and advising the Executive Board (EB) and for overseeing the activities of ING and the business connected with it. The organisation, powers and modus operandi of the SB are set out in the Charter of the Supervisory Board, available on ing.com.
In performing their duties, members of the SB are required to: 
•be guided by the interests of ING and the business connected with it, thereby carefully balancing the interests of all stakeholders of ING and in this consideration give paramount importance to customers' interests, as set out in the Dutch Banker’s Oath; 
•foster a culture focused on sustainable long-term value creation, financial and non-financial risk awareness, compliance with ING’s risk appetite, responsible and ethical behaviour;
•stimulate openness and accountability within ING and its subsidiaries; and
•act without mandate from third parties and independent of any interest in the business of ING; and
•ensure that the Supervisory Board functions effectively. 
The articles of association of ING Group (Articles of Association), the Management Board Charter and the Supervisory Board Charter outline which resolutions of the EB are subject to approval by the SB.
ING Group indemnifies the members of the SB as far as legally permitted against direct financial losses in connection with claims from third parties filed, or threatened to be filed, against them by virtue of their service as a member