ING continues push to be “best European bank” with new CTO

credit: Shutterstock
credit: Shutterstock

Dutch bank ING has confirmed the appointment of Daniele Tonella as its new Chief Technology Officer to continue its push to become Europe’s leading bank. 

As well as becoming a new member of ING’s Management Board Banking, effective 5 August, Tonella’s role as CTO will see him buildout technological payment infrastructure and lean on over 20 years of experience in the tech financial field. 

Steven van Rijswijk, CEO of ING, commented: “Daniele’s experience and track record in digital leadership will greatly benefit ING in executing our strategy to be the best European bank, by accelerating growth, increasing impact, and delivering value. 

“I would like to thank Marnix for leading the team ad interim and the CTO management team for supporting the organisation and delivering on our Tech priorities.’’

Tonella will succeed Marnix van Stiphout who has held the role in interim since 1 November 2023, in addition to his roles as Chief Operations Officer and Chief Transformation Officer.

Tonella is currently active in advisory and board roles for several companies. From 2017-2021, he worked at UniCredit, including a tenure as group Chief Information Officer and CEO of UniCredit Services. Before that he held various roles at AXA Group, Evalueserve and Swiss Life.

He started his career as a consultant at Mercer and later at McKinsey & Company in Switzerland. Tonella holds a master’s degree in industrial engineering from the Eidgenössische Technische Hochschule Zürich in Switzerland, completing various executive education programmes at Harvard, IMD, INSEAD and MIT Sloan.

Tonella added: “ING is a bank with a purpose that pushes the boundaries of what engineering in banking can be and of what technology in banking can do. I am proud to become part of this team that looks beyond the horizon and gets there.”