ING announced March 21 that Randall Ciccati, president and CEO of PrimeVest Financial Services, will replace Valerie Brown as president of ING Advisors Network, effective April 1. In his new position, Ciccati will report directly to ING Advisors Network CEO John Simmers. Ciccati will be replaced as PrimeVest president by Catherine Bonneau, the B/D's current COO, but he will remain CEO of PrimeVest, one of the four broker/dealers that are under the ING Advisors Network umbrella.
Brown will become executive VP of wealth management and annuities for ING U.S. Financial Services.
Finally, Kevin Laraia, the current COO of ING Financial Partners, will become COO at ING Advisors Network.