ING Canada today announced changes to its senior executive team. The company says the changes are intended to reinforce the quality of execution in its core insurance business units. The changes are effective immediately.

Charles Brindamour is appointed to the newly created position of chief operating officer of ING Canada. In his new role, Brindamour will be responsible for all of ING Canada’s insurance operations.

Brindamour, who joined ING fifteen years ago, has held a number of executive positions with ING in Canada and Europe and was most recently an executive vice [resident of ING Canada

Derek Iles is appointed president of ING Insurance, ING Canada’s subsidiary responsible for the sale of insurance products and services through independent brokers across the country. Iles joined ING in 1991 and is currently executive vp for ING operations in Ontario and the Western provinces. He will report to Brindamour.

Don Lough, a member of ING Canada’s executive team, has elected to retire in April 2007 after a 17-year career with ING, where he held a number of executive positions.

Jacques Valotaire, who is executive vp responsible for insurance operations in Quebec and the Atlantic provinces as well as for ING Canada’s direct marketing insurance subsidiary, will also retire after a 16-year career with ING.

According to Claude Dussault, president and CEO of ING Canada, “we have been successful as an organization. This new structure will enable us to further leverage our competitive advantages to maintain and expand our market leadership position. I would also like to express my sincere thanks to Mr. Lough and Valotaire for their outstanding contribution to the development of our organization over the years.”