Krijgsman favourite for ING Barings frontline

Former financial journalist Peter Krijgsman is tipped to take the top communications job at investment bank ING Barings.

Former financial journalist Peter Krijgsman is tipped to take the

top communications job at investment bank ING Barings.



The appointment, which is due to be announced officially next week, ends

a three month search. Late last year the Dutch-owned bank hired

headhunters to trawl the market for suitable journalists and PR

professionals (PR Week, 15 November, 1996).



Based in London, Krijgsman will take overall responsibility for five

existing communications staff across four divisions: media relations,

internal communications, corporate entertaining and advertising. It is

not yet clear if his brief will also allow for the hiring of external PR

consultancies.



An experienced journalist, Krijgsman was editor-in-chief of

International Financing Review for five years. In 1993 he became a

freelance writer and worked for, among others, the Evening Standard. In

March last year he joined Merrill Lynch as an internal communications

consultant but has now left the post.



ING Barings was formed in March 1995 when Dutch financial services group

Internationale Nederlanden Groep (ING) bought Barings Bank and its

investment arm Baring Asset Management for the nominal price of one

pound. The bank collapsed the previous month as a result of the

activities of rogue trader Nick Leeson, which left Barings with pounds

860 million of liabilities.



Communications for the former Barings Bank was managed by Francis

Baring, who joined SBC Warburg as head of corporate communications in

June.



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