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ING Launches Group Focused on Grain Lending

Dienstag, 18.07.2017 15:05 von PR Newswire

PR Newswire

NEW YORK and DALLAS, July 18, 2017 /PRNewswire/ -- ING announced today the expansion of its Food & Agri platform with the hiring of Eanna Mulkere, director. He will join ING's Dallas, Texas, office and report to Dan Lamprecht, head of Food & Agri at ING Americas.

ING Logo. (PRNewsFoto/ING Financial Holdings Corporation)

Eanna will be responsible for a national calling effort that will augment robust coverage in protein, dairy and value-added food product manufacturing.

"By hiring Eanna we are able to immediately expand our coverage with his established expertise and deep relationships across the agriculture industry," said Lamprecht. "Over time we plan on expanding this group to ensure ING has the capacity to scale with the demand of the market and help our clients meet their long-term financing needs."

Eanna joins from BBVA Compass, where as a senior vice president he was the founder and head of the US BBVA Compass Food & Agribusiness platform, a business he grew into a $700 million portfolio. Previously, he served as a vice president in Allied Irish Banks' cash flow and ABL US team, where he originated over $520 million in new loan exposure.

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ING Capital LLC is a financial services firm offering a full array of wholesale financial lending products and advisory services to its corporate and institutional clients. ING Capital LLC is an indirect U.S. subsidiary of ING Bank NV, and a part of ING Group (NYSE: ING), a global financial institution of Dutch origin. The purpose of ING Bank is empowering people to stay a step ahead in life and in business.

The Food & Agri Group of ING Capital LLC, located in Dallas and New York, offers corporate finance solutions with specialist multi-sector coverage, including food, beverage, agribusiness, consumer branded products, and restaurants.  The group serves a broad mix of clients - public, private, corporate and cooperatives - adding value as a lender with strong industry focus and expertise.

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