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Aareal Bank AG (ARLG.DE)

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16 Nov 2018
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Summary

Name Age Since Current Position

Marija Korsch

70 2013 Chairwoman of the Supervisory Board

Hermann Merkens

52 2015 Chairman of the Management Board, Associate

Dieter Kirsch

63 2018 Vice Chairman of the Supervisory Board, Employee Representative

Stephan Schueller

65 2015 Vice Chairman of the Supervisory Board

Marc Hess

45 2018 Chief Financial Officer, Member of the Management Board

Christiane Kunisch-Wolff

52 2016 Member of the Management Board, Chief Risk Officer

Dagmar Knopek

60 2016 Chief Credit Officer , Member of the Management Board

Thomas Ortmanns

58 2005 Member of the Management Board

Christof Winkelmann

43 2016 Member of the Management Board

Thomas Hawel

55 2006 Member of the Supervisory Board, Employee Representative

Petra Heinemann-Specht

50 2018 Member of the Supervisory Board, Employee Representative

Richard Peters

61 2013 Member of the Supervisory Board

Hans-Werner Rhein

66 2015 Member of the Supervisory Board

Sylvia Seignette

68 2015 Member of the Supervisory Board

Elisabeth Stheeman

54 2015 Member of the Supervisory Board

Hans-Dietrich Voigtlaender

59 2015 Member of the Supervisory Board

Hermann Wagner

62 2015 Member of the Supervisory Board

Beate Wollmann

53 2015 Member of the Supervisory Board, Employee Representative

Juergen Junginger

Head of Investor Relations

Biographies

Name Description

Marija Korsch

Ms. Marija Korsch is Chairwoman of the Supervisory Board of Aareal Bank AG since May 22, 2013. She is Chairman of Executive and Nomination Committee, the Remuneration Control Committee and Deputy Chairman of the Technology and Innovation Committee and Member of the Audit Committee, the Risk Committee, and the Committee for Urgent Decisions at the Company. She was Member of Supervisory Board of Aareal Bank AG since July 12, 2012 till May 22, 2013. As a partner in German private bank Bankhaus Metzler seel. Sohn & Co. Holding AG until 2008, she was responsible for the bank’s Corporate Finance business, having headed the business as a Managing Director from 1993 to 1998. Previously, she was a Managing Director at Bankers Trust Company, responsible for the bank's Corporate Finance and Merchant Banking activities in Germany, Austria and Switzerland; at Vereins- und Westbank AG, she was responsible for the business in North America and Latin America. Ms. Korsch started her career in 1973, with the European American Bank in New York, Los Angeles and San Francisco, before joining Bankers Trust Company in New York. She studied Mathematics at St Peters College, New Jersey, USA, and Economics at Universita di Roma, Italy. She is a member of the statutory Supervisory Boards of Just Software AG and Instone Real Estate Group N.V., among others.

Hermann Merkens

Mr. Hermann Josef Merkens has been Chairman of the Management Board of Aareal Bank AG since September 17, 2015. He also served as Vice Chairman of the Management Board, Chief Financial Officer, Member of the Management Board at Aareal Bank AG from December 4, 2014 till September 17, 2015. His responsibilities include Finance, Controlling, Corporate Strategy, Project and Credit Portfolio Management, Corporate Communications, Investor Relations, Sustainability, Board Office, Human Resources, Legal and Audit. Until September 30, 2010, he served as Chairman of the Supervisory Board of Aareal Property Services B.V. Until December 22, 2010, he served as Member of the Supervisory Board of Aareal Valuation GmbH. Until December 8, 2010, he served as Member of the Council of Shareholders of Deutsche Interhotel Holding GmbH & Co. KG. He has been Chairman of the Supervisory Board of Aareal Estate AG, Member of the Board of Directors of Aareal Bank Asia Limited and Aareal Capital Corporation, and Chairman of the Supervisory Board of Deutsche Bau- und Grundstuecks-Aktiengesellschaft, among others.

Dieter Kirsch

Mr. Dieter Kirsch has been Vice Chairman of the Supervisory Board and Employee Representative of Aareal Bank AG since 2018. He was Member of the Supervisory Board and Employee Representative of Aareal Bank AG from May 19, 2010. He is he is Deputy Chairman of the Executive and Nomination Committee and the Remuneration Control Committee. He has been working full-time as Works Council since 2002 and Deputy Chairman of the General Works Council of Aareal Bank Group since 2003. He entered Aareal Bank AG in 1983 and worked in various positions including the Work-Out Department and the Legal Department. Mr. Kirsch holds a diploma in legal affairs, which he completed at Saarland University in 1982.

Stephan Schueller

Prof. Dr. Stephan Schueller is Deputy chairman of the Supervisory Board of Aareal Bank AG since May 20, 2015. He was Member of the Supervisory Board at from May 23, 2006 until May 20, 2015. Furthermore, he is Deputy Chairman of the Executive and Nomination Committee and the Remuneration Control Committee as well as Member of the Audit Committee. Until March 31, 2018 Prof. Dr. Stephan Schueller was Spokesman of the general partners of Bankhaus Lampe KG. From 1984 to 2003 he worked for the HypoVereinsbank Group. Among other things, he was Member of the Management Board at Bayerische Vereinsbank AG, HypoVereinsbank AG and, most recently, Spokesman for the Management Board of Vereins- und Westbank AG. From 2003 to 2005 he was Managing Partner of a private equity firm. Prof. Dr. Stephan Schueller gained his diploma in Business Administration after studying the subject at the University of Muenster. He also gained his doctorate in that faculty. He is a contract lecturer in banking at the Mercator School of Management of the University Duisburg-Essen. He is Member of the Supervisory Board of the Depfa Holding Verwaltungsgesellschaft mbH. As the liquidation of this company is being prepared, the mandate is inactive. Furthermore, he is Chairman of the Supervisory Board of Howaldt & Co. Investmentaktiengesellschaft TGV.

Marc Hess

Mr. Marc Oliver Hess has been appointed Chief Financial Officer of Aareal Bank AG since October 1, 2018. Mr Hess assumes additionally responsibility for the Treasury division and he thus also maintains relationships with debt investors. The Chairman of the Management Board retains responsibility for Investor Relations, with its focus on equity investors. Previously Mr. Marc Oliver Hess was Chief Financial Officer of Deutsche Postbank AG in 2007, a position he held until leaving the bank at the end of March 2018. Mr Hess first joined Deutsche Postbank - part of Deutsche Bank Group - in 2004, having previously worked at HVB Group and Deutsche Post.

Christiane Kunisch-Wolff

Ms. Christiane Kunisch-Wolff is Member of the Management Board and Chief Risk Officer of Aareal Bank AG since March 15, 2016. As Chief Risk Officer, she is responsible for Risk Controlling, as well as for Compliance and Regulatory Affairs. Prior to her arrival at Aareal Bank, she was a member of the Management Board of Westdeutsche Immobilienbank AG (WestImmo) in Mainz, where she was responsible for accounting and financial reporting, administration and organization, IT, private customers (portfolio management), as well as the Compliance/Anti-Money Laundering division. Having started her professional career with WestLB in 1993, she was appointed to the Management Board of readybank AG in October 2006; her responsibilities included risk management, finance and controlling, IT, organization and business process management, together with associated projects, internal audit, as well as the readypartner GmbH subsidiary. She she is a qualified bank clerk, and studied economics at the University of Applied Sciences, Hochschule Niederrhein. In 2006, she obtained a Master's degree in Business Administration (MBA).

Dagmar Knopek

Ms. Dagmar Knopek has been Chief Credit Officer and Member of the Management Board of Aareal Bank AG since July 1, 2016. As Chief Credit Officer she is responsible for Credit Management (CM) (encompassing loan administration and management), Operations (OPS), and the Workout (WO) portfolio. She was Member of the Management Board at the Company from June 1, 2013 to July 1, 2016. She started working for DePfa Bank AG - Aareal Bank AG's predecessor, as Head of Desk Great Britain in 1999. In 2004, she started heading the Credit Management division for international property financings, before going to New York in 2008 as Chief Credit Officer at Aareal Capital Corporation. From 2010 onwards, she was Head of the CM Division for accompanying the Bank's activities in Europe, the USA and Asia. From 2013 to 2016 Ms. Knopek held responsibility for the markets in the Structured Property Financing segment as a Member of the Management Board at Aareal Bank AG. Her professional career started in 1980 at Bayerische Hypotheken- und Wechsel Bank AG.

Thomas Ortmanns

Mr. Thomas Ortmanns has been Member of the Management Board of Aareal Bank AG since September 1, 2005. His areas of responsibility comprise the Bank's activities in relation to the housing and property industry in the Consulting/Services business segment as well as the Treasury and IT & Organization Services divisions. He holds various offices, for example as the Chairman of the Supervisory Boards at Aareon AG as well as Member of the Management Board at the Association of German Pfandbrief Banks (vdp). Before, Mr. Ortmanns was managing partner at the Consart Management Consultant GmbH. He started his professional career at the Bayerische Hypotheken- und Wechsel Bank. He holds a degree in business administration (Diplom-Kaufmann) from the Technische Universität in Berlin.

Christof Winkelmann

Mr. Christof Winkelmann has been Member of the Management Board at Aareal Bank AG since July 1, 2016. He is responsible for the markets in the Structured Property Financing segment. Prior to this, Mr. Winkelmann was Head of the Special Property Finance division of Aareal Bank. He first worked for Aareal Bank from 2000 to 2006, being responsible for the Bank's hotel financing business. He moved to Zurich-based Valartis Bank in 2006, as a Managing Director, returning to Aareal Bank in 2008 as Managing Director Special Property Finance. In this function, he was responsible for the Bank's Special Property Finance business, i.e. financings for hotels, retail and logistics properties. Mr. Winkelmann started his career at the Palace Hotel, New York City, and with consultancy firm Arthur Andersen in Frankfurt/Main. He studied Hospitality Management and Business Administration at the University of Las Vegas, Nevada. He is a member of the Lodging Industry Investment Council (LIIC), the International Council of Shopping Centres (ICSC Europe) and the Urban Land Institute (ULI Europe), among others.

Thomas Hawel

Mr. Thomas Hawel has been Member of the Supervisory Board and Employee Representative of Aareal Bank AG since May 23, 2006. He is Deputy Chairman of the Supervisory Board at Aareon Deutschland GmbH. He is Member of the Technology and Innovation Committee at the Company. He works full-time as Works Council of Aareon Deutschland GmbH, currently holding the office of Chairman of Aareons Group's General Works Council. He started his professional career at Aareon Deutschland GmbH, which he joined in 1989. He worked there in various positions. Mr. Hawel holds a degree in economics, which he completed at the University of Bonn in 1988.

Petra Heinemann-Specht

Ms. Petra Heinemann-Specht has been Member of the Supervisory Board and Employee Representative of Aareal Bank AG since April 1, 2018. Furthermore, she is Member of the Risk Committee and the Committee for Urgent Decisions at the Company. She works full-time as Works Council member and is a member of the Economic Committee of Aareal Bank AG. Ms. Heinemann-Specht has been working at Aareal Bank since October 1999 and has held various positions in Credit Management and Treasury. After having passed her school-leaving exam in 1988 she completed an apprenticeship as a banker in 1990 and studied law afterwards. She passed the Second State Examination in law in 1997 and started working as a lawyer and specialized commercial lawyer for the Sparkasse Bodenwerder in 1998. Later she worked for the law firm Joachim Lederle until she joined Aareal Bank.

Richard Peters

Mr. Richard Peters has been Member of the Supervisory Board of Aareal Bank AG since May 22, 2013. Furthermore, he is a member of the Executive and Nomination Committee, the Audit Committee, and the Technology and Innovation Committee. He is Chairman of the Management Board of Versorgungsanstalt des Bundes und der Laender (VBL) in Karlsruhe. He has been a member of the VBL Management Board since January 1998. During his first ten years with VBL, he was responsible for VBL's investments, followed by five years' responsibility for VBL's insurance products and benefits. Having studied law, Mr. Peters began his professional career at the head office of Karstadt AG in Essen, as head of the social and wage policies department. Following his appointment as a government official by the German State of Thuringia at the beginning of 1992, he worked as Human Resources officer at the Regional Tax Office in Erfurt for three years, followed by three years as head of the Collective Bargaining and Labour Law Department at the Thuringia Ministry of Finance. He is Member of the Supervisory Board of DePfa Holding Verwaltungsgesellschaft mbH and Member of the Board of Directors of EAPSPI (European Association of Public Sector Pension Institutions).

Hans-Werner Rhein

Dr. Hans-Werner Rhein is Member of the Supervisory Board of Aareal Bank AG since May 20, 2015. He is Member of the Executive and Nomination Committee, the Risk Committee, and the Committee for Urgent Decisions. He has been practicing law in his own law firm since 2011 and, since 2006, has been a lecturer for reinsurance law in the JurGrad (LL.M programme) at the University of Muenster. Dr Rhein commenced his career in 1982 at the insurance and reinsurance broker Jauch & Huebener and in 1994 joined the management of its legal successor Aon Jauch & Huebener and Aon Benfield, where he worked as Managing Director from 1998 to 2011. In addition to his management duties he advised domestic and foreign insurance companies on risk management and the structuring of their reinsurance cover. Dr. Hans Werner Rhein has studied law, economics and psychology at the University of Hamburg and the University of Freiburg. After both law exams under the German system he gained his doctorate in law in 1980 in Hamburg. He was in Miami from 1979 to 1980 and did completed a Master's in Comparative Law there. In 1982 he was admitted to the bar in Hamburg. He is is Chairman of the Supervisory Board of Deutsche Familienversicherung AG and Member of the Supervisory Board of Gothaer Allgemeine Versicherung AG and the joint Audit Committee of the Group companies. He is also Chairman of the Mueller-Mathieu Foundation and of ARIAS Deutschland e.V. and he is Member of the Management Board of the St. Petri Foundation, Hamburg.

Sylvia Seignette

Ms. Sylvia Seignette is Member of the Supervisory Board of Aareal Bank AG since May 20, 2015. Furthermore, she is Chairman of the Risk Committee and Member of the Committee for Urgent Decisions at the Company. Until 2013 she was at Credit Agricole Corporate and Investment Bank as Chairman of the Board responsible for the banking business in Germany and Austria, and had had that position since 2005. As from 2007 she had also been Group Senior Country Officer for the entire Credit Agricole Group in Germany. At that time, the Group consisted of eight companies, among them Amundi, CACEIS, Creditplus, and Eurofactor. Prior, she had worked until 2005 at the Bank of America as Managing Director for Germany, Switzerland and Austria with responsibility for the client and investment banking business. From 1989 until 2002 Ms. Seignette was Member of the Management Board at JP Morgan AG in Germany and its predecessor banks. As Management Board Member she was responsible for the corporate customers and investment banking divisions for Germany, Austria and Switzerland. In the previous years she had worked in various international positions, among them a management position in the Credit department of the Bank of Nova Scotia and a trainee position at Morgan Guaranty Trust Co. She had started her career in 1969 at Hessische Landesbank. She is a certified banker and holds a diploma in wholesale and foreign trades.

Elisabeth Stheeman

Ms. Elisabeth Stheeman has been Member of the Supervisory Board of Aareal Bank AG since May 20, 2015. She is Deputy Chairman of the Risk Committee and Member of the Committee for Urgent Decisions as well as the Technology and Innovation Committee. Since early 2018 Ms. Stheeman is an External Member of the Financial Policy Committee of the Bank of England. From September 2015 until the beginning of 2018 she was Senior Advisor for the Bank of England at the Prudential Regulation Authority. Until 2014 she was global Chief Operating Officer and Member of the Global Management Committee of LaSalle Investment Management and member of the worldwide Operating Committee of Jones Lang LaSalle (JLL). Prior, she had had various positions from 1988 to 2012 at Morgan Stanley. Her last position at Morgan Stanley was Chief Operating Officer in the Investment Banking Division, in Real Estate and Natural Resources with responsibility for Strategy / M&A, Finance and Operations, Legal and Compliance and Tax and Human Resources. In 2003 Ms. Stheeman became Executive Director / Chief Operating Officer of the Financial Institutions Group. In 2001 she was appointed Executive Director of the Media & Communications Group. From 1996 to 2001 she was responsible for Financing Services Group and Financial Sponsors Group as Vice President. Elisabeth Stheeman began as analyst and later as associate in corporate finance, private equity and equity capital markets. She had commenced her career in 1982 at Vereins- und Westbank AG in Hamburg. Ms. Stheeman has studied Business Administration at the Hamburg School of Business (Wirtschaftsakademie Hamburg) and then obtained a diploma in Business Studies at the London School of Economics. She is Member of the Supervisory Board of Korian SA in Paris, France.

Hans-Dietrich Voigtlaender

Mr. Hans-Dietrich Voigtlaender has been Member of the Supervisory Board of Aareal Bank AG since May 20, 2015. He is Chairman of the Technology and Innovation Committee and Member of the Audit Committee as well as the Remuneration Control Committee. He is entrepreneur and consultant in the field of innovation and transformation management and currently works, for example, as Associate Partner for BDG Innovation + Transformation GmbH & Co. KG. From 2009 to 2014 Mr. Voigtlaender was Chairman of the Managing Board at Portigon AG, the legal successor to WestLB AG. At WestLB AG he first worked from 2008 as Deputy Chairman of the Managing Board and became temporary Chairman of the Managing Board in 2009. Until 2008 he was Member of the Board of Managing Directors at DZ BANK AG and its predecessor banks, GZ-Bank and SGZ-Bank AG. He commenced his career at SGZ-Bank AG in 1985 and took on various management and project management tasks at home and abroad. Closely associated with him are the development of the bwsbank and the subsequent merger of bwsbank and WPS-Bank into dwpbank Deutsche Wertpapier-Servicebank AG in 2003 and the cross-border mergers that led to establishing Equens SE as one of the market leaders in the European payment transactions market. Mr. Voigtlaender studied Business Administration and Engineering from 1978 to 1983 at the Technical University of Karlsruhe, specializing in Assembly.

Hermann Wagner

Prof. Dr. Hermann Wagner has been Member of the Supervisory board of Aareal Bank AG since May 20, 2015. Furthermore, he is Chairman of the Audit Committee and Member of the Risk Committee as well as the Committee for Urgent Decisions. He works as auditor and tax advisor. Since 2008 he holds a professorship at the Frankfurt School of Finance and Management. He began his career in 1983 as audit assistant in bank auditing at Peat, Marwick, Mitchell & Co. In 1986 he passed his exams as tax advisor and in 1990, as German public auditor. In 1992 Prof Wagner became partner and Managing Director at KPMG Peat, Marwick Treuhand GmbH and in 1993 at KPMG Deutsche Treuhand-Gesellschaft AG after the merger. In 1998 he became Branch Manager in Frankfurt and moved in to Arthur Andersen in 1999 as Regional Managing Partner Frankfurt and Managing Partner Financial Services Deutschland. Subsequent to the merger of Arthur Andersen and Ernst & Young in 2002, Prof. Dr. Wagner became Member of the Management Board and partner at Ernst & Young AG. He was responsible for Global Financial Services, and also assumed various international management functions in the global Ernst & Young organization until he left the firm in 2008. He had originally studied Economics at the Justus Liebig University in Giessen (diploma in 1980) and worked as academic assistant until obtaining his Ph.D. He is Chairman of the DEMIRE Deutsche Mittelstand Real Estate AG listed on the regulated market and Member of the Supervisory Board of the PEH Wertpapier AG listed on the open market, the btu beraterpartner Holding AG, and the Squadra Immobilien GmbH & Co. KG.

Beate Wollmann

Ms. Beate Wollmann has been Member of Supervisory Board and Employee Representative of Aareal Bank AG since May 20, 2015. She is also Member of the Audit Committee at the Company. Since 2000, Ms. Wollmann has been working for Aareon Deutschland GmbH as accounting specialist in the Accounting and Taxes team within the Finance and Internal Services division. Since 2002, she has been holding the position of an elected member of the Aareon Deutschland GmbH's Works Council. Before joining Aareon, she had been active in various functions at Stadtwerke Mainz AG, including the areas of Accounting as well as Taxes and Loans. From 1993 until 2000, She headed the Tax and Loans department.

Juergen Junginger