Stoter succeeds Mark Weber who has returned to the US office of ING IM to resume his responsibilities as executive vice president of structured assets, loans and alternatives.
As CIO, Stoter will also chair ING’s global investment leadership team, which oversees the investment teams, investment processes, portfolio performance, and risk characteristics of mandates and funds managed by ING IM International’s investment boutiques. His appointment is subject to regulatory approval.
Meanwhile, Tim Dowling will succeed Stoter in his former role as head of credit investments and lead portfolio manager global high yield. Dowling is currently lead portfolio manager US high yield and has worked for five years at ING Investment Management.
Dowling will remain located in ING IM International’s satellite office in New York, from where he will lead the multi-site global credit team and have continued responsibility for the investment process for the US region. He will report directly to Stoter.
