Banking group ING has announced the appointment of Hein Brand as general manager of Real Estate Development (RED). Brand, who has headed ING Real Estate Finance for eight years, replaces Menno Maas who is stepping down from the helm of ING RED in January.

Banking group ING has announced the appointment of Hein Brand as general manager of Real Estate Development (RED). Brand, who has headed ING Real Estate Finance for eight years, replaces Menno Maas who is stepping down from the helm of ING RED in January.

Rudolf Molkenboer, global head of ING Wholesale Banking's Event Finance business, has been appointed to replace Brand as general manager of the finance unit. The new appointments take effect from 1 January 2010.