Ralph Hamers
Dutch private banker
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Key Takeaways
- Ralph Adrianus Joseph Gerardus Hamers (born 25 May 1966) is a Dutch businessman who was the chief executive officer (CEO) of UBS Group from September 2020 to April 2023.
- Early life Ralph Hamers was born on 25 May 1966.
- 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.
- Hamers joined ING in 1991 and was the CEO of ING Group from 1 October 2013 to June 2020.
- Also under his leadership, ING Group 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.
Ralph Adrianus Joseph Gerardus Hamers (born 25 May 1966) is a Dutch businessman who was the chief executive officer (CEO) of UBS Group from September 2020 to April 2023. He was the CEO of Dutch bank ING Group from October 2013 until June 2020.
Early life
Ralph Hamers was born on 25 May 1966. He holds a master of science (MS) in business econometrics/operations research from Tilburg University.
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.
Prior to UBS, Hamers spent 29 years at Dutch bank ING Group.
Hamers joined ING in 1991 and was the CEO of ING Group from 1 October 2013 to June 2020. 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 Group 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.
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. Following the uproar, the Board withdrew the offer, leaving his salary unchanged.
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