Andre van den Heuvel was named chief marketing officer at ING Investment Management, responsible for European marketing and sales, according to spokesman Karl Emerick Hanuska.
He will assume the role previously held by Michel van Elk, who remains ING IM's CEO. Mr. van den Heuvel was previously managing director and head of institutional sales for the Benelux region at BlackRock. Prior to that, he was head of marketing and sales for the Netherlands at F&C Asset Management.
At BlackRock, Hessel van Beijma will replace Mr. van den Heuvel as managing director and head of Benelux institutional sales, according to a source familiar with the matter. Mr. van Beijma was previously managing director in the institutional business unit, working closely with Mr. van den Heuvel.