INSURANCE FIRM ING has made Delfin Rueda CFO of insurance and investment management Eurasia.
He joins from the world's second-largest credit insurer, Atradius, where he was CFO from 2005, and in 2010 added the chief risk officer role to his responsibilities.
Previously, Rueda was senior vice president of corporate finance in the financial institutions group of JP Morgan in London, having joined from UBS, where he had held the executive director of corporate finance role. He has also worked as an IT management consultant in Madrid.
He has a degree in economic analysis and quantitative economics from the Complutense University of Madrid and an MBA from the Wharton School, University of Pennsylvania, where he also held the position of teaching assistant of macroeconomics.
Chief administrative officer Matt Rider will hand over duties to Rueda before stepping down on 31 December to return to his family in the US. He will continue in an advisory role until March 2013.
ING group CEO Jan Hommen said: "Delfin has a great track record over many years in different capacities in the financial industry. At the same time, I want to take this opportunity to thank Matt Rider for his many years of dedicated service to ING's international insurance and investment management operations."
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