September 5, 2019 / 6:49 AM / 2 months ago

Commerzbank CFO Engels to step down in 2020 to join Danske

FRANKFURT, Sept 5 (Reuters) - Commerzbank’s Chief Financial Officer Stephan Engels is stepping down next year, Germany’s second-largest listed lender said on Thursday.

Engels, CFO since 2012, has told Commerzbank that he would decline a potential offer to extend his contract running until April 2020.

Engels has accepted a job as Chief Financial Officer at Danske Bank, the Danish lender said separately. (Reporting by Tom Sims Writing by Arno Schuetze)

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