PRIMEVEST Hires Burns as Chief Compliance Officer

PRIMEVEST Financial Services, one of the United States' largest broker-dealers exclusively serving financial institutions, announced today that Michael Burns has been hired as its chief compliance officer, assuming the role from Kevin Maas who was recently appointed as PRIMEVEST's director of strategic initiatives.

As the newest member of PRIMEVEST's executive team, Burns will be responsible for guiding the firm's regulatory compliance and risk management efforts. He will oversee PRIMEVEST's Compliance Department and will also work closely with ING Advisors Network Risk Management.

"Michael brings a wealth of industry knowledge and a proven track record of success," said PRIMEVEST President Catherine Bonneau. "He has extensive experience in the regulatory environment, specifically as it relates to financial institutions, which makes him an ideal fit for us and our clients. We are excited about him joining our Executive Team and his willingness to embrace our mission of making it easier for financial institutions to succeed."

Prior to accepting this position at PRIMEVEST, Burns founded Minneapolis, Minn.-based MB Regulatory Solutions (MBRS), a company specializing in the provision of regulatory consultation for business partners in the financial services industry. Before launching MBRS, he worked in various executive-level positions with Allianz, Capital Professional Advisors, BISYS and National City. He has also served as a FINRA district committee member and as a FINRA hearing panel participant.

Burns is a 1980 graduate of The Ohio State University in Columbus, Ohio, where he earned a Bachelor of Science degree in Business Administration. He earned a certificate in Audit from the Madison, Wis.-based School for Bank Administration in 1987.

About PRIMEVEST

PRIMEVEST Financial Services is a self-clearing broker-dealer serving the clients of nearly 600 financial institutions in 50 states and Guam. PRIMEVEST makes it easier for financial institutions to succeed by delivering innovative investment and insurance solutions, comprehensive support and a flexible program structure. One of the broker-dealers of ING, PRIMEVEST is a shareholder of the Chicago Stock Exchange, and a member of the Depository Trust and Clearing Corporation (DTCC), the Securities Investors Protection Corporation (SIPC), and Financial Industry Regulatory Authority (FINRA).

About ING

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING (NYSE: ING) family of companies offer a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. For more information, visit www.ing.com .

  Press inquiries:
  Per Berger
  PRIMEVEST * 800.245.0467, ext. 63165 * Per-Johan.Berger@us.ing.com

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SOURCE: PRIMEVEST Financial Services

CONTACT: Per Berger, +1-800-245-0467, ext. 63165,
Per-Johan.Berger@us.ing.com, for PRIMEVEST Financial Services

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