ING Real Estate Investment Management (ING REIM) announced on Wednesday that CEO George Jautze has decided to retire. The vacancy created by Jautze’s departure from the post he took up in the summer of 2009 will not be filled. William Connelly will assume responsibility for ING REIM in addition to his current responsibilities as head of Banking Services within ING Commercial Banking. The change will be effective as of 1 March 2010.