ING Investment Management [see profile] has tapped Robert G. Leary to succeed Robert W. Crispin, the firm's chairman and CEO, who is retiring.

Leary, most recently executive vice president at AIG Financial Products Corp., will take over as ING Investment Management's CEO on September 4 and will assume the position of chairman upon Crispin's retirement at yearend.

"Bob has had a significant and lasting impact on our investment management businesses in North America and Latin America," Tom McInerney, ING executive board member, and chairman and CEO of ING Insurance Americas, in a news release.

"We wish Bob the very best, knowing that the foundation he helped put in place will provide a strong base for ING Investment Management's continued growth under Rob," he said.

Of Leary, McInerney said: " "Rob brings a great complement of capabilities to the organization and our future strategy."

Prior to his stint at AIG, Leary was with JPMorgan, developing derivatives and structured products for institutions. He began his career as a lawyer with White & Case, where he helped establish the firm's Middle East presence.  

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