EconomyMarkets

Commerzbank to appoint new board members from Erste and Roland Berger

© Reuters. FILE PHOTO: A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, February 9, 2017. REUTERS/Ralph Orlowski/File Photo

FRANKFURT (Reuters) – Commerzbank (DE:) is planning to appoint Erste Group’s (VI:) Thomas Schaufler and Roland Berger’s Joerg Oliveri del Castillo-Schulz to its management board, Handelsblatt reported on Wednesday.

The German lender’s supervisory board is debating personnel issues at a meeting on Wednesday and is expected to make an announcement in the afternoon.

Handelsblatt, citing unnamed sources, said Schaufler would take over the retail banking division, while Oliveri del Castillo-Schulz would oversee IT.

Commerzbank, Erste Group and Roland Berger declined to immediately comment on the matter.

The bank, which is in the process of cutting 10,000 jobs, has been undergoing a major reshuffling of top management.

Manfred Knof took over as chief executive officer earlier this year.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button