ING DIRECT CEO Arkadi Kuhlmann On 2006 Innovator Award

ING DIRECT President and CEO Arkadi Kuhlmann will be honored by the editors of American Banker with the Innovator Award on November 30th at the Pierre Hotel in New York. According to ING DIRECT, Kuhlmann has been the face behind ING DIRECT since its inception. Unlike most banks that had high overhead costs, high balance requirements and monthly fees, ING DIRECT’s business model enabled it to pass savings to customers in the form of consumer-friendly, simple products. “This award is a tribute to the energy, creativity and innovation of our employees,” Kuhlmann said. “Most financial companies are telling consumers to spend more. We’re showing Americans how to save more. Our innovation comes from finding new ways to empower everyday people to improve their lives.”