ING hub expands local head count to 6K

Shared services organization ING Hubs Philippines has expanded its manpower by more than 30 percent to nearly 6,000 this year to meet rising demand for the group’s banking products.

ING Hubs, which supports the operations of multinational banking and financial services firm ING Bank, said in a statement on Wednesday that it was further expanding its network to fuel its global growth.

“We want ING Hubs Philippines to not just be a great place to work, but the ultimate place to grow,” ING Hubs Philippines country manager Hazel delos Santos said.

“Our continued focus on talent development, operational excellence and business transformation is essential to supporting ING’s global expansion and making a positive impact in the communities we serve,” Delos Santos added.

ING Hubs currently offers services related to financial markets, trade finance, risk management, information technology and software management and data management, among others, to at least 40 countries.

Launched in 2013, ING Hubs grew its employee count to 1,900 in 2020 before further ballooning to almost 6,000 this year.

ING Hubs said its “inclusive and collaborative” culture encouraged its employees to stay with the company and “make a meaningful impact.”

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In 2022, ING Bank announced plans to beef up manpower in its Manila operations to focus on wholesale banking and double down on sustainability-related initiatives.

The bank has identified the Asia-Pacific region as a market with a potential for revenue diversification.

In the Philippines, ING Bank is often tapped as an advisor in mergers and acquisition, capital markets and various other sectors like energy, technology and telecommunications.