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Ralph Hamers

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Person.png Ralph Hamers   LinkedInRdf-entity.pngRdf-icon.png
( businessman,  banker,  money launderer?)
Ralph Hamers.jpg
Born25 May 1966
 Simpelveld,  Netherlands
Nationality Dutch
Alma mater Tilburg University
Member ofInstitute of International Finance
Attended the 2017 Bilderberg as ING CEO'. Prosecuted for massive corruption at ING concerning at least $1,25 billion. Even after the settlement with ING, the Dutch court prosecuted Hamers personally, acquitted in 2024 on insufficient evidence.

Employment.png ING/CEO

In office
October 2013 - June 2020

Employment.png UBS/CEO

In office
June 2020 - Present
Money laundering? Not a problem. No... no... not at all.

Ralph Adrianus Joseph Gerardus Hamers is a Dutch businessman who was CEO of Dutch bank ING Group from October 2013 until June 2020,[1] and CEO of UBS Group from September 2020 to April 2023.[2][3]

Education

He holds a master of science (MS) in business econometrics/operations research from Tilburg University.[4][1][4]

Career

Hamers joined UBS in September 2020 as a member of the group executive board and became group CEO on 1 November 2020, replacing Sergio Ermotti.[2][5][6]

Prior to UBS, Hamers spent 29 years at Dutch bank ING Group.[4]

Hamers joined ING in 1991 and was the CEO of ING from 1 October 2013 to June 2020.[7] During his time as CEO, he steered the bank to profitability while repaying the Dutch government money it received during the financial crisis. Also under his leadership, ING invested heavily in its digital transformation, relying far more on its online offering and less on its branch network than most rivals, leading to the bank having one of the lowest cost-to-revenue ratios in Europe at the time.[8]

In 2018, there was an uproar in the Netherlands following a proposal to raise Hamers' yearly salary from 1.6 million euro to 3 million euro.[9] Following the uproar, the Board withdrew the offer, leaving his salary unchanged.

Shortly after the acquisition of Credit Suisse by UBS in March 2023, Hamers stepped down as CEO with Sergio Ermotti returning as CEO. Hamers would take on a role as an advisor during a transition period.[10][11][12]

Criminal prosecution

In December 2020, a Dutch court ordered the public prosecutor to open a probe into Hamers' involvement in his previous role as CEO of ING in the company's failure to comply with anti-money laundering regulations in 2018. Although the investigation was settled in 2018 with a €775 million fine paid by ING and, according to Bloomberg News, the public prosecutor stated that "it didn’t find enough evidence for criminal accusations against individuals at ING, including the top management",[13] Hamers' investigation could continue into 2022 at the earliest.[14][15]

On 9 December 2020, the Court of Appeal of The Hague had decided that Hamers should be personally prosecuted for non-compliance at ING Nederland, what had happened during his time as chairman of ING and why ING Nederland had reached a record settlement with the FIOD in 2018.[16] the Stichting Onderzoek Bedrijfs Informatie (Sobi), led by Pieter Lakeman, had initiated a so-called Article 12 Criminal Procedure. In doing so, the court was asked to order the public prosecutor's office to proceed with personal criminal prosecution. "The facts are serious, no settlement has been reached with the driver himself, nor has he taken public responsibility for his actions,"[17] according to the court.[18]

After four years of investigation, the prosecution concluded on 18 December 2024 that there was insufficient evidence to prosecute Ralph Hamers criminally.[19]

Other activities

Personal life

Hamers is married, with twins.[22]


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/20171 June 20174 June 2017US
Virginia
Chantilly		The 65th Bilderberg Meeting
Bilderberg/20222 June 20225 June 2022US
Washington DC
Mandarin Oriental Hotel		The 68th Bilderberg Meeting, held in Washington DC, after an unprecedented two year hiatus during which a lot of the Bilderberg regulars were busy managing COVID-19
WEF/Annual Meeting/201422 January 201425 January 2014Switzerland
WEF		2603 guests in Davos considered "Reshaping The World"
WEF/Annual Meeting/201620 January 201623 January 2016Switzerland
WEF		Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values".
WEF/Annual Meeting/201717 January 201720 January 2017Switzerland
WEF		2952 known participants, including prominently Bill Gates. "Offers a platform for the most effective and engaged leaders to achieve common goals for greater societal leadership."
WEF/Annual Meeting/201922 January 201925 January 2019Switzerland
WEF		"The reality is that we are in a Cold War [against China] that threatens to turn into a hot one."
WEF/Annual Meeting/202222 May 202226 May 2022Switzerland
WEF		1911 guests in Davos
WEF/Annual Meeting/202316 January 202320 January 2023Switzerland
WEF		The theme of the meeting was "Cooperation in a Fragmented World"
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References

  1. ↑ Jump up to: a b https://beta.companieshouse.gov.uk/officers/XwddWZ2f4kmHJ-6Xmq426PxIrmg/appointments
  2. ↑ Jump up to: a b https://www.ubs.com/global/en/media/display-page-ndp/en-20200219-group-ceo.html
  3. ↑ UBS-Generalversammlung: Darum geht es. In: SRF.ch, 5. April 2023.
  4. ↑ Jump up to: a b c http://www.ing.com/About-us/Corporate-Governance/Executive-Board/Profile-Detail-Page/R.A.J.G.-Ralph-Hamers.htm%7C
  5. ↑ https://www.ft.com/content/bd7649ba-535b-11ea-90ad-25e377c0ee1f
  6. ↑ https://www.wsj.com/articles/ubs-puts-digital-first-with-new-tech-savvy-ceo-11582207479
  7. ↑ https://www.youtube.com/watch?v=1ikdR4fzU7g&list=PLtpSj6KvaTTEuwlszPWQeJqrjB9QBbfAm&index=2
  8. ↑ Michael Shields and Bart H. Meijer (February 19, 2020), Switzerland's UBS starts new chapter with Dutch tech innovator as chief Reuters.
  9. ↑ Increase salary Dutch ING CEO, Dutch news, March 8, 2018.
  10. ↑ https://www.cnbc.com/amp/2023/03/29/ubs-names-sergio-ermotti-as-its-new-ceo-following-acquisition-of-credit-suisse.html
  11. ↑ https://www.ubs.com/global/de/media/news-display-new-ndp/en-20230329-change.html
  12. ↑ https://www.cnn.com/2023/03/29/business/ubs-new-ceo-sergio-ermotti-intl-hnk/index.html
  13. ↑ https://www.bloomberg.com/news/articles/2020-12-09/ubs-ceo-ralph-hamers-probed-over-ing-money-laundering-issues
  14. ↑ https://www.reuters.com/article/us-ubs-ceo-probe-investigation-idUSKBN28J0VQ
  15. ↑ https://www.wsj.com/articles/europe-goes-harder-on-money-laundering-with-record-ing-fine-1536072973
  16. ↑ https://www.fiod.nl/ing-betaalt-775-miljoen-vanwege-ernstige-nalatigheden-bij-voorkomen-witwassen/
  17. ↑ https://uitspraken.rechtspraak.nl/#!/details?id=ECLI:NL:GHDHA:2020:2347
  18. ↑ https://nos.nl/l/2359904
  19. ↑ https://nos.nl/artikel/2548796-onvoldoende-bewijs-tegen-oud-ing-topman-hamers-zaak-tegen-zalm-stopgezet
  20. ↑ https://www.iif.com/About-Us/Board
  21. ↑ https://www.paloaltonetworks.com/company/press/2025/palo-alto-networks-appoints-two-new-members-to-board-of-directors
  22. ↑ https://web.archive.org/web/20180310201717/https://www.ing.com/Newsroom/All-news/Features/Feature/CEO-Ralph-Hamers-featured-in-Elsevier.htm
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