ING Hires Dan McDonald As Head Of Life Wholesale Distribution Channel -- ING LifeDesign Team

PRNewswire-FirstCall
ATLANTA
May 5, 2003

ING's U.S. financial services operations announced today that it has hired Dan McDonald as the head of its re-branded life wholesale distribution channel, ING LifeDesign Team. McDonald has more than 15 years of experience in a variety of sales management positions, particularly within the affluent and executive benefits marketplace.

"ING is fortunate to attract someone with the talent, enthusiasm and experience of Dan McDonald," said Jim Gelder, president, Individual Insurance Distribution & Specialty Markets Distribution, ING U.S. "ING's life wholesale channel has a rich history of offering comprehensive products enhanced by exceptional advanced case design. Now, the ING LifeDesign team is adding another essential element to its value proposition -- strong leadership. There has never been a better time for life producers to be affiliated with ING."

McDonald's career has included a number of senior level sales and management positions, most recently with Jefferson Pilot Financial. McDonald, a Chartered Life Underwriter (CLU), also has experience with GenAmerica Financial, and Lincoln Financial Group. McDonald has a proven track record of organizing, building and growing distribution across many distribution channels.

"This is a tremendous career opportunity that has me very excited," McDonald said. "Everything is in place for the ING LifeDesign Team to succeed: a strong commitment to the life insurance business, an exciting and fresh new brand that appeals to consumers and distributors alike, and most importantly, extremely talented people supporting the business. Together, the ING LifeDesign Team will make ING one of the most attractive, and most sought after, life insurance partners in the industry."

ING's LifeDesign wholesale channel is focused on serving the affluent and executive benefits marketplace. ING's other core life insurance distribution channel, Independent General Agency (IGA) Team, has a similar marketplace focus with independent intermediaries. Producers with questions about either of ING's core life insurance distribution channels should call ING's National Sales Support Team at 1-866-ING-SELL.

ING's U.S. financial services operations (www.ing-usa.com) offers a comprehensive array of products and services, including mutual funds; fixed and variable annuities; retirement programs; financial planning; employee benefits; life insurance; and trust services through a variety of distribution channels. ING U.S. Financial Services (NYSE: ING) is part of Amsterdam-based ING Groep N.V., one of the largest integrated financial services organizations in the world. ING Groep N.V. has approximately $470 billion in assets under management.

Press contact: Dana E. Ripley - 770.980.3317 or 404.668.8244 (mobile)

SOURCE: ING Americas

CONTACT: Dana E. Ripley of ING Americas, +1-770-980-3317, or mobile,
+1-404-668-8244

Web site: http://www.ing-usa.com/