DGAP-News

Commerzbank Supervisory Board ensures continuity and stability on Board of Managing Directors - Seite 2

Helmut Gottschalk, Chairman of the Supervisory Board, said: "The top priority for all of us is the consistent implementation of our strategy and hence the success of the transformation we have launched at Commerzbank. Continuity, stability, and the unwavering focus of the Board's activities on the common goal are essential here. To ensure this, we are securing the commitment of top executives to Commerzbank for a longer term and are going to further strengthen the Board team who enjoys the full confidence of the Supervisory Board."

Manfred Knof, Chief Executive Officer of Commerzbank, said: "Commerzbank's Board of Managing Directors is a very strong team, one that we are now making even more cohesive and effective. We are determined to work together in the years ahead to shape a Commerzbank that is customer-centric, digitalised, sustainable, and profitable. That is both our team commitment and my own personal commitment."

Press contact
Silvana Herold [phone]
Erik Nebel [phone]

*****

About Commerzbank
Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 30,000 corporate client groups and around 11 million private and small-business customers in Germany. The Bank's two Business Segments - Private and Small-Business Customers and Corporate Clients - offer a comprehensive portfolio of financial services. Commerzbank transacts approximately 30 per cent of Germany's foreign trade and is present internationally in almost 40 countries in the corporate clients' business. The Bank focusses on the German Mittelstand, large corporates, and institutional clients. As part of its international business, Commerzbank supports clients with German connectivity and companies operating in selected future-oriented industries. Following the integration of comdirect, private and small-business customers benefit from the services offered by one of Germany's most advanced direct banks combined with personal advisory support on site. Its Polish subsidiary mBank S.A. is an innovative digital bank that serves approximately 5.5 million private and corporate customers, predominantly in Poland, but also in the Czech Republic and Slovakia. In 2020, Commerzbank generated gross revenues of some €8.2 billion with almost 48,000 employees.