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Dutch banking giant with an orange lion logo

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Possible Answers:

ING.

Last seen on: LA Times Crossword, Thu, Jan 26, 2023

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Gerardus Johannes “Hans” Wijers (born 11 January 1951) is a Dutch retired politician of the Democrats 66 (D66) party, and businessman. He is the chairman of the supervisory board of ING Group since 2018.

After secondary school at Hogere Burgerschool (HBS-B) level, Wijers studied Economics at the University of Groningen, where he graduated cum laude in 1976. As assistant professor, he taught Economics at the Erasmus University, and in 1982 received a doctorate for his research in “Industrial politics: the design of governmental policy for industrial sectors”.

From 1982 till 1984, Wijers worked as a civil servant at the ministry of Social Affairs and Labour and later at the ministry of Economic Affairs. Subsequently, he became a management consultant at, amongst others, Horringa & De Koning, which later became part of Boston Consulting Group.

Wijers, a member of D66 since 1976, was asked in 1994 by his party colleague Hans van Mierlo to take up a ministerial post in the First Kok cabinet. As Minister of Economic Affairs he was responsible for the law change regarding the extending of shop opening hours, and he formulated the Competition Regulation law which triggered the foundation of the Dutch Competition Authority. An important event in his ministry was the bankruptcy of the Fokker aircraft factory in March 1996. When Wijers refused further state aid due to a lack of a clear future perspective, German company DASA withdrew as parent company.

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