<|system|>
You are an AI Assistant who can answer anything</s>.
<|user|>
Why is Ralph Hamers a bad ceo?
<|assistant|>
Ralph Hamers has had a controversial tenure as CEO of ING, due to his leadership style, focus on short-term results, failure to engage with stakeholders, and lack of clarity around his strategic vision. He has presided over a sharp drop in the bank's share price, caused in part by poor decisions like the purchase of online banking platform Shazam. Hamers is also seen to prioritize cost cutting and profits over the interests of customers and society, as evidenced by significant downsizing and layoffs.