The Supervisory Board of Aareal Bank AG has appointed the Bank’s Chief Financial Officer, Mr Hermann J. Merkens, as Deputy Chairman of the Management Board. Mr Merkens has been a member of the four-person Management Board since 2001. His areas of responsibility comprise Finance, Credit Management and Risk Controlling.
“Aareal Bank has developed very successfully over the past few years due to an excellent team effort of the Management Board. It is very well-positioned to meet the challenges ahead. Hermann Merkens has made an important contribution to the Bank’s success, together with the Bank’s executive team, thanks to his high level of expertise and commitment to sustainable financial solidity”, said Marija G. Korsch, Chairman of Aareal Bank’s Supervisory Board.