Navin Suri, CEO of ING Investment Management, resigns

Decides to continue his career outside India owing to his family commitments

Navin Suri, the CEO of ING Investment Management (India), resigned on Tuesday and decided to continue his career outside India owing to his family commitments.

In his place, Nityanand Prabhu has been appointed as acting CEO of the fund house. Prabhu has been with ING for five years. Prior to this, he was chief operating officer at the fund house responsible for operations, technology and administration.