Gilreath to Lead ING Employee Benefits Business

PRNewswire-FirstCall
MINNEAPOLIS
May 5, 2008

Ivan Gilreath has been named president of ING Employee Benefits effective June 1, replacing Curt Olson, who was recently named chief executive officer for ING Life Korea, according to an announcement by Catherine Smith, CEO of ING's U.S.-based Life insurance businesses (NYSE: ING). Gilreath has been chief operating officer for ING Employee Benefits since joining the company in 2006.

"The prospect of Ivan Gilreath leading what has become recognized as a successful customer-centric business is exciting. Ivan and the entire ING Employee Benefits team will continue to focus on service-related technology and sales support to ensure ING remains a leader in group and voluntary insurance benefits," Smith said.

ING Employee Benefits is a leading provider of employer-based group life, disability income and stop loss insurance, as well as other voluntary insurance products, through ING member insurers ReliaStar Life Insurance Company and ReliaStar Life Insurance Company of New York. The business employs more than 700 people and currently provides group and voluntary insurance policies to 6.5 million customers. Smith said that employer sponsored insurance is an integral part of ING's family of U.S.-based insurance businesses and its focus on wealth protection and wealth management.

Before joining ING Employee Benefits in Minneapolis two years ago, Gilreath held increasingly responsible leadership roles with Mutual of Omaha for nearly 20 years. He is a 1982 marketing graduate of the University of Nebraska, where he also played on the university's varsity basketball team, and he has an MBA from University of Nebraska-Omaha. Gilreath has been active in numerous community organizations over the years, including Urban League, Chambers of Commerce, and various mentoring and youth-focused programs.

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SOURCE: ING Americas

CONTACT: Chuck Eudy of ING Americas, +1-770-980-5209, +1-770-490-6420
(mobile), chuck.eudy@us.ing.com

Web site: http://www.ing.com/us