Also Chairman of the Supervisory Board is: Commerzbank chief Zielke prior to the withdrawal,

Commerzbank is already in a deep break, as two of the Top person alien to shake, the Institute in addition: Chairman of the Board Martin Zielke and Chairman of

Also Chairman of the Supervisory Board is: Commerzbank chief Zielke prior to the withdrawal,

Commerzbank is already in a deep break, as two of the Top person alien to shake, the Institute in addition: Chairman of the Board Martin Zielke and Chairman of the Supervisory Board Stefan Schmittmann want to resign from their Posts.

The Presiding and nomination Committee of the Supervisory Board have recommended the appointment Zielkes no later than 31. To end of December, 2020, the Bank said on Friday. The Supervisory Board will in its meeting on may 8. July 2020 to make a decision. Schmittmann had announced his mandate in the Supervisory Board with effect as of 3. August 2020 to lay down.

Commerzbank is considering, as we Heard, also, the foreign business to match trim. Chief Martin Zielke will present the Plan Wednesday to the Supervisory Board, reported the news Agency Bloomberg, citing persons familiar with the issue. A Commerzbank spokeswoman did not comment on the report to Bloomberg. The Commerzbank share price was little changed on the news, first little. Commerzbank employs nearly 14,000 employees in foreign countries.

Recently had a dispute over the austerity plans that a for the 1. July scheduled extraordinary meeting of the Supervisory Board in the short term, was canceled. Employee representatives shall have objected in the control panel that the Management have not submitted to the Supervisory Board of important documents in a timely manner. At the same time, you've noticed that the financial investor Cerberus and the Federal government had been involved as major shareholders in the Revision of the strategy, it said. Therefore, the relocation of the meeting had been requested.

Updated Date: 03 July 2020, 14:19

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