Commerzbank lace back: Zielkes Era ends without gloss

The 27. September 2019 will perhaps be remembered as the day in the history of the Commerzbank, which was started to count the days of Martin Zielke. Without wi

Commerzbank lace back: Zielkes Era ends without gloss

The 27. September 2019 will perhaps be remembered as the day in the history of the Commerzbank, which was started to count the days of Martin Zielke. Without wit, and without any enthusiasm force of the Commerzbank Board of managing Directors Chairman of the relatively news, the growth strategy 5.0. What progress should, listen to, and Yes, perhaps even visionary, was in truth the preparation for the task of self-reliance. In the best case, you could have the impression that the Commerzbank wanted to decorate for a Takeover.

Inken Schönauer

editor in the business, responsible for the financial market.

F. A. Z.

The planned – and now blown – sale of the Polish subsidiary, M Bank wanted to represent Zielke as a result of properly. In Public, it came as what it was: the attempt necessary money for the restructuring to apply. With the integration of the Online subsidiary Comdirect even more, "digitization should move" in the mother house. In fact, it was probably the experimental, a bit of gloss of the Comdirect scrape, to give Commerzbank a determination.

bankers from the Textbook

understood Exactly but Zielke. Now, no one really knows for what Commerzbank is actually, and even worse: What you need it actually still. The staff are highly uncertain, the customer's bill cheerfully, and the shareholders, without perspective, your Investment will at some point again, silver can, which is not enough for the demands of a Chairman of the Board. The Zielke knew and has now drawn the consequence.

Zielke is a Banker, such as from the Textbook. After a banking apprenticeship and studying business administration, the 57-Year-old in 1990, started his career at Dresdner Bank. After stints in the German banking industry in 2008, he joined Commerzbank, joined in 2010, in the Board of Directors and worked there – quite successfully – in the private customer business. After Martin Blessing in 2015, had announced his withdrawal from the post of CEO of Commerzbank, decided by the Supervisory Board in 2016 for Zielke as the successor. Only a few weeks ago Zielke was elected President of the Federal Association of German banks.

Updated Date: 04 July 2020, 12:20

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