EQS-News

Supervisory Board appoints Dr Christian Ricken as new CEO – Jochen Klösges to leave Aareal Bank Group - Seite 2

Aareal Bank AG’s Chairman of the Supervisory Board, Jean Pierre Mustier, said: “I am very pleased to welcome Christian Ricken as a new leader for Aareal Bank Group. He brings a wealth of experience in capital markets, asset management and in leading international teams and operations which will be highly beneficial for Aareal Bank Group. I’d also like to thank Jochen Klösges on behalf of the entire Supervisory Board for his strong and successful leadership, also in very challenging times. Under his management, Aareal further strengthened its market position as a leading Commercial Real Estate financer and as the preferred banking partner and software provider for the German and European housing industries respectively. The Group is in a position of strength, has significantly increased its profitability, shows excellent liquidity and capital ratios and is ready to start a new chapter.”
 

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About Aareal Bank Group

Aareal Bank Group, headquartered in Wiesbaden, is a leading international property specialist. The Bank uses its expertise to identify trends, challenges and opportunities at an early stage, and to exploit them for the benefit of its stakeholders. Aareal Bank Group provides smart financings, software products, and digital solutions for the property sector and related industries, and is present across three continents, Europe, North America and the Asia/Pacific region. Aareal Bank Group’s business strategy focuses on sustainable business success, with environmental, social and governance (ESG) aspects as an integral part of this strategy.