Ralph Hamers
Ralph Hamers | |
|---|---|
| Born | May 25, 1966 Netherlands |
| Occupation | Banking executive |
| Years active | 1991–present |
| Known for | CEO of UBS Group (2020–2023), CEO of ING Group (2013–2020) |
Ralph Adrianus Joseph Gerardus Hamers (born 25 May 1966) is a Dutch executive who held the position of chief executive officer (CEO) at UBS Group from September 2020 until April 2023.[1] Prior to this, he served as CEO of the Dutch banking institution ING Group from October 2013 through June 2020.[2]
Early life
Born on 25 May 1966,[3][4] Hamers earned a Master of Science degree in business econometrics and operations research from Tilburg University.[4][2]
Career
Hamers became part of UBS’s group executive board in September 2020 and officially took over as group CEO on 1 November 2020, succeeding Sergio Ermotti.[5][6][7]
Prior to joining UBS, Hamers dedicated 29 years to ING Group.[4] He started at ING in 1991 and was appointed CEO in October 2013, a role he held until June 2020.[8] During his tenure, ING returned to profitability and repaid the government bailout funds received during the financial crisis. He emphasized digital innovation by shifting the bank’s focus toward online platforms and minimizing branch dependency, which led to one of the most efficient cost-to-revenue ratios among European banks.[9]
In 2018, a proposal to increase Hamers’ yearly compensation from €1.6 million to €3 million met with widespread criticism in the Netherlands, prompting the board to rescind the offer.[10]
Dutch prosecutors launched an investigation in December 2020 concerning Hamers' involvement during ING’s failure to meet anti-money laundering standards in 2018. Although ING accepted a €775 million penalty and no criminal charges were filed against senior executives including Hamers, the inquiry into his role was expected to continue into 2022.[11][12]
After UBS acquired Credit Suisse in March 2023, Hamers resigned as CEO, with Sergio Ermotti resuming leadership of the combined organization. During this period, Hamers transitioned into an advisory capacity.[13][14]
Other activities
- Member of the Board at the Institute of International Finance (IIF).
- Serving on the Board of Directors at Palo Alto Networks since February 2025.
Personal life
Hamers is married and has twin children.
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- ↑ Increase salary Dutch ING CEO
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