Ralph Hamers Net Worth 2023, Age, Wife, Children, Height, Family, Parents, Salary

Ralph Hamers net worth

Read about Ralph Hamers net worth, age, wife, children, height, family, parents, salary, and UBS as well as other information you need to know.

Introduction

Ralph Hamers is a Dutch businessman who is the UBS Group CEO. He was the chief executive officer (CEO) of the Dutch bank ING Group from October 2013 until June 2020.

Early life

Name Ralph Hamers
Net Worth$10 million
OccupationBusinessman
Age57 years
Height1.75m
Ralph Hamers net worth

Ralph Adrianus Joseph Gerardus Hamers was born on May 25, 1966 (age 57 years) in Simpelveld, Netherlands. He has a master of science (MS) in business econometrics/operations research from Tilburg University.

Career

Ralph Hamers joined UBS in September 2020 as Group Executive Board member and became the UBS Group Chief Executive Officer (CEO) on 1 November 2020 replacing Sergio Ermotti. Prior to UBS, Hamers spent 29 years at the Dutch bank ING Group.

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Hamers joined ING in 1991 and was the CEO of ING between 1 October 2013 and June 2020. During his time as CEO, he steered the bank to profitability while repaying the Dutch government money it received during the financial crisis.

Also under his leadership, ING invested heavily in its digital transformation, relying far more on its online offering and less on its branch network than most rivals, leading to the bank having one of the lowest cost-to-revenue ratios in Europe at the time.

In 2018, there was an uproar in the Netherlands following a proposal to raise Hamers’ yearly salary from 1.6 million euros to 3 million euros. Following the uproar, the Board withdrew the offer, leaving his salary unchanged.

In December 2020, a Dutch court ordered the public prosecutor to open a probe into Ralph Hamers’ involvement in his previous role as CEO of ING in the company’s failure to comply with anti-money laundering regulations in 2018.

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Although the investigation was settled in 2018 with a €775 million fine paid by ING and, according to Bloomberg News, the public prosecutor stated that “it didn’t find enough evidence for criminal accusations against individuals at ING, including the top management”, Hamers

‘ investigation could continue into 2022 at the earliest.

Wife

Ralph Hamers is married to Patricia van Nimwegen, they had their wedding in 1997. His wife is a private person and they have two children together. He stands at an appealing height of 1.75m and has a good body weight which suits his personality. As of March 2023, Ralph Hamers and his wife Patricia van Nimwegen are still married.

Ralph Hamers net worth

How much is Ralph Hamers worth? Ralph Hamers net worth is estimated at around $10 million. His main source of income is his primary work as a business executive. Ralph Hamers’s salary per month and other career earnings are over $1 million dollars annually. His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. Ralph Hamers is one of the richest and most influential business executives in the Netherlands.