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Aareal Bank AG: Changes in Aareal Bank Group's top management (news with additional features)

DGAP-News: Aareal Bank AG / Key word(s): Change of Personnel
Aareal Bank AG: Changes in Aareal Bank Group's top management (news
with additional features)

17.09.2015 / 14:26

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Changes in Aareal Bank Group's top management

- Dr Wolf Schumacher retires as Chairman of the Management Board after 10
years in office

- Hermann J. Merkens appointed new Chairman of the Management Board

Wiesbaden, 17 September 2015 - During its ordinary meeting today, the
Supervisory Board of Aareal Bank AG has resolved to effect a change at the
top of the Management Board: After 10 years as Chairman of the Management
Board, Dr Wolf Schumacher retires from the Management Board of Aareal Bank
AG, by amicable and mutual consent. With immediate effect, the Supervisory
Board appointed the former Deputy Chairman of the Management Board and
Chief Financial Officer, Hermann J. Merkens, as his successor.

Dr Schumacher has headed Aareal Bank Group since April 2005. Under his
stewardship, the Bank first undertook a successful realignment and was
afterwards steered safely through the financial crisis. With its favourable
business development continuing at a steady pace in recent times, the Group
went on expanding its market position as one of the leading property
specialists.

Marija Korsch, Chairman of the Supervisory Board of Aareal Bank AG,
declared: "The Supervisory Board thanks Dr Schumacher for his outstanding
services to the development of Aareal Bank Group, in which he played a
decisive role throughout the last decade. In cooperation with the entire
Management Board team, he has made a key contribution to Aareal Bank's
excellent shape and position to master the challenges of the future. So
this is a good moment to pass on the baton".

His successor Hermann J. Merkens has been a member of the Management Board
since 2001. His areas of responsibility include the Finance, Risk
Controlling and Credit Management divisions. In December 2014, he also
became Deputy Chairman of the Management Board. In his role as Chief
Financial Officer, he held particular responsibility for taking successful
measures to strengthen the capital base over the last few years, and
contributed significantly to the success of Aareal Bank's most recent
acquisitions.

The Chairman of the Supervisory Board, Marija Korsch, declared on his
appointment: "The Supervisory Board is delighted that Hermann J. Merkens,
who has made a substantial contribution to the successful development of
Aareal Bank Group over the last years in his roles as Chief Financial
Officer and Deputy Chairman of the Management Board, now moves to the top
of the Management Board. We are convinced that, under his guidance, the
Bank will continue to keep writing its success story in the future".



Contact:
Aareal Bank AG
Corporate Communications

Sven Korndörffer
Phone: [phone]
[e-mail]

Christian Feldbrügge
Phone: [phone]
[e-mail]

Jorge Person
Phone: [phone]
[e-mail]

Alessandro Schwarz
Phone: [phone]
[e-mail]



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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=JKMPHEKXHS
Document title: 20150917_Press_Release.pdf

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17.09.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Aareal Bank AG
Paulinenstr.15
65189 Wiesbaden
Germany
Phone: [phone] - 0
Fax: [phone] - 2332
E-mail: [e-mail]
Internet: www.aareal-bank.com
ISIN: DE0005408116
WKN: 540811
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Stockholm


End of News DGAP News Service
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395385 17.09.2015