DGAP-News: Stephan Engels to be new Chief Financial Officer of Commerzbank
(firmenpresse) - DGAP-News: Commerzbank AG / Key word(s): Change of Personnel
Stephan Engels to be new Chief Financial Officer of Commerzbank
02.12.2011 / 11:54
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Stephan Engels to be new Chief Financial Officer of Commerzbank
At its meeting today the Supervisory Board of Commerzbank appointed Stephan
Engels to the Board of Managing Directors of Commerzbank as the successor
to Dr. Eric Strutz. Engels is expected to assume his new role as Chief
Financial Officer (CFO) with effect from April 1, 2012. Since 2007 the
49-year-old has been Head of Finance&Controlling at Mercedes-Benz and
Head of Group Controlling and Reporting at Daimler AG. Prior to this he was
CFO - among others at DaimlerChrysler Bank and at DaimlerChrysler Services
AG - as well as a member of the Executive Committee Mercedes Benz Cars. 'We
are pleased, that Stephan Engels joins the bank. He will contribute his
many years of experience as the CFO of a leading international automotive
manufacturer,' said Klaus-Peter Müller, the Chairman of the Supervisory
Board of Commerzbank. 'We wish Stephan Engels a very warm welcome as a
member of our team and look forward to working with him,' said Martin
Blessing, the Chairman of the Board of Managing Directors of Commerzbank.
Engels is succeeding Eric Strutz, who, as already reported in August 2011,
is leaving the bank at his own request. Strutz has been active for
Commerzbank in leading positions for over a decade, and since 2004 as a
member of the Board of Managing Directors. 'On behalf of all the members of
the Supervisory Board I would once again like to thank Eric Strutz for his
excellent work, and wish him all the very best for the future and every
success,' said Klaus-Peter Müller.
Stephan Engels is married and the father of two children. Born in Hamburg
he studied economic sciences at the Hochschule St. Gallen.
Press contact:
Armin Guhl + 49 69 13 642 764
Reiner Rossmann + 49 69 13 646 646
*****
About Commerzbank
Commerzbank is a leading bank for private and corporate customers in
Germany. With the segments Private Customers, Mittelstandsbank, Corporates&Markets, Central&Eastern Europe as well as Asset Based Finance, the
Bank offers its customers an attractive product portfolio, and is a strong
partner for the export-oriented SME sector in Germany and worldwide. With a
future total of some 1,200 branches, Commerzbank has one of the densest
networks of branches among German private banks. It has around 60 sites in
more than 50 countries and serves more than 14 million private clients as
well as 1 million business and corporate clients worldwide. In 2010, it
posted gross revenues of EUR 12.7 billion with some 59,000 employees.
Contact:
Commerzbank AG
Group Communications
Tel.: +49 69 136 - 22830
mediarelations(at)commerzbank.com
End of Corporate News
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02.12.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: EnglishCompany: Commerzbank AG
Kaiserplatz
60261 Frankfurt am Main
Germany
Phone: +49 (069) 136 20
Fax: -
E-mail: ir(at)commerzbank.com
Internet: www.commerzbank.de
ISIN: DE0008032004
WKN: 803200
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München, SIX, Stuttgart;
Terminbörse EUREX; London
End of News DGAP News-Service
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Datum: 02.12.2011 - 11:54 Uhr
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