DGAP-News

Changes to the Management Board of Aareal Bank AG: Christof Winkelmann appointed as a member of the Management Board - Dagmar Knopek to assume function of Chief Credit Officer (news with additional features)

DGAP-News: Aareal Bank AG / Key word(s): Change of Personnel
Changes to the Management Board of Aareal Bank AG: Christof Winkelmann
appointed as a member of the Management Board - Dagmar Knopek to assume
function of Chief Credit Officer (news with additional features)

20.04.2016 / 18:12
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Changes to the Management Board of Aareal Bank AG: Christof Winkelmann
appointed as a member of the Management Board - Dagmar Knopek to assume
function of Chief Credit Officer

Wiesbaden, 20 April 2016 - During its meeting today, the Supervisory Board
of Aareal Bank AG has resolved upon two changes to the Management Board. Mr
Christof Winkelmann, who has headed Aareal Bank's Special Property Finance
division, will be appointed to the Bank's Management Board, with effect
from 1 July 2016. The appointment is subject to approval by the European
Central Bank. Within the Management Board, Mr Winkelmann will assume
responsibility for the Sales units in the Structured Property Financing
segment, a position held to date by Ms Dagmar Knopek. Specifically, in his
new function, Mr Winkelmann will be responsible for all of the segment's
new business activities. Ms Dagmar Knopek (58), who has been a member of
the Management Board since 2013, will assume the function of Chief Credit
Officer on the Management Board at the same time. In her new function, she
will be responsible for Credit Management (encompassing loan administration
and management), Operations, and the Workout portfolio. To date,
responsibility for these functions has been part of the portfolio of
Hermann J. Merkens, Chairman of Aareal Bank's Management Board.

Christof Winkelmann (40), whose appointment brings the number of Management
Board members to five, first worked for Aareal Bank from 2000 to 2006,
being responsible for the Bank's hotel financing business. In 2006 he moved
to Valartis Bank AG in Zurich as a Managing Director, returning to Aareal
Bank in 2008 as Managing Director, Special Property Finance. He has been
responsible for the Bank's Special Property Finance business - covering
financings for hotels, retail and logistics properties - ever since. Mr
Winkelmann started his career at the New York Palace Hotel and with
consultancy firm Arthur Andersen in Frankfurt/Main.

Marija Korsch, Chairman of Aareal Bank AG's Supervisory Board, stated:
"Christof Winkelmann holds extensive international expertise, gained over
many years of experience in commercial property finance, and is highly
respected in the market. He will make a significant contribution to the
continued expansion of Aareal Bank's position on the world's important
property markets over the years to come. In doing so, he will continue the
successful performance of Dagmar Knopek, under whose governance Aareal
Bank's financing business has developed very well over the past years. We
are delighted that Ms Knopek will take up the key new position of Chief
Credit Officer, where she will contribute her many years of experience,
both in client business and in Credit Management. At the same time, the
appointment will provide CEO Hermann J. Merkens with additional scope to
focus more strongly on the newly launched strategic development process of
Aareal Bank Group."

Note to editors: photographs of Dagmar Knopek and Christof Winkelmann are
available upon request.



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]


+++++
Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=EKUYAKTAHA
Document title: 20160420_Press_release.pdf

---------------------------------------------------------------------------

20.04.2016 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,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------


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; Terminbörse EUREX; Stockholm


End of News DGAP News Service
---------------------------------------------------------------------------

456027 20.04.2016