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ING Australia appoints Ben Stewart Head of DCM Australia

Published on 30/03/2021

Wednesday 30 March, 2021: ING Australia announces the appointment of Ben Stewart as Head of Debt Capital Market (DCM), Australia. Ben will oversee ING’s new DCM business, a division of the Wholesale Bank.

In his new role Ben will work closely with the onshore teams to cover both corporate and financial institution clients in Australia.

Head of Wholesale Banking Australia, Charles Ho says:

“This is a natural expansion of ING’s wholesale banking business in Australia as it strongly complements our on shore sector teams and significantly lifts ING’s debt solution offering to Australian clients.”

Ben joins ING Australia from Mizuho Securities where he was DCM Director focusing on Financial, Insurance and Government institutions. Prior to that Ben held senior roles with Bank of America in AUD Syndicate in Australia and with TD Securities, Singapore in DCM and Syndicate. During his career Ben’s client focus has varied, from corporate issuers, through Banks and to SSA located across the globe as well as in Australia.  Prior to gaining his DCM experience Ben worked with CBA Group Treasury where he was Executive Manager Group Funding in Sydney and in London.

ING Head of Asia Pacific Sustainable Finance & Global Capital Markets, Helge Muenkel says:

“Ben is well placed to leverage ING’s global DCM platform to deliver a client centric debt solutions to the Australian clients”

ING Australia has more than $8B AUD in wholesale banking assets in Australia with a local team leveraging deep global expertise in sectors such as infrastructure, real estate finance, renewable energy, financial institutions, TMT & heathcare, leveraged finance and food and agriculture.

Notes to editors

For more information contact David Breen on 0412 933 060 or David.Breen@ING.com.au

About ING

ING changed the way Australians bank 21 years ago by launching the country’s first branchless bank. ING now offers Australians award winning home loans, transactional banking, superannuation, credit cards, personal lending, insurance and wholesale banking services.

ING is Australia’s most recommended bank according to RFi XPRT Survey, August 2020 – January 2021 (n = 31,512) when compared to customers of 20 other banks operating in Australia. It is also Australia’s fifth largest main financial institution (MFI) with 6% of market share according to RFi XPRT Survey, August 2020 – January 2021 (n=31,512). MFI is defined as the bank that the consumer says is their main financial institution.

 

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