In its meeting today, the Supervisory Board of Deutsche Postbank AG appointed Wolfgang Klein as the new Chairman of the Management Board of Deutsche Postbank AG effective July 1, 2007. He is thereby following Wulf von Schimmelmann, who resigned his position effective June 30, 2007 on Monday.
Chairman of the Supervisory Board Klaus Zumwinkel expressly thanked von Schimmelmann for his outstanding business achievements at Postbank: “In the space of just a few years, Wulf von Schimmelmann established a magnificent business base for Postbank. The Bank has become a leading financial services provider in Germany with 14.6 million customers and a member of the DAX. For this he is owed great respect and the thanks of the Supervisory Board, the shareholders and the employees.”
Of Schimmelmann’s successor, Zumwinkel said: “I am confident that we have found the right man for the top job at Postbank in Wolfgang Klein. Wolfgang Klein stands for continuity and will position the Bank to face the challenges of the future and the competition at the same time.”
The Supervisory Board of Deutsche Post AG had already appointed Wolfgang Klein as a member of the Post Management Board on Tuesday. Thus, Klein will also be succeeding Wulf von Schimmelmann in this office as of July 1, 2007.
Since 2001, Wolfgang Klein (43) has been the Management Board member responsible for product marketing for Retail Banking at Postbank. He therefore stands for Postbank's most important segment as a retail bank. Under his leadership, Postbank significantly expanded its range for retail customers. Since 2006, he has also been responsible for the Bank’s mobile sales on the Management Board. Before coming to Postbank, Klein was a managing member of the Management Board of Deutscher Sparkassen- und Giroverband. Prior to this, he was executive manager at Dresdner Bank’s direct banking subsidiary, responsible for marketing and sales.
Marc Heß new CFO
The current Chief Financial Officer of Postbank, Henning R. Engmann (56), has requested that the Supervisory Board relieve him of office following the successful integration of the BHW Group into Postbank. The Supervisory Board complied with this request and thanked Engmann for his commitment. In the same meeting, the Board appointed Marc Heß as the new Chief Financial Officer of Postbank as of April 1, 2007.
Since 2004, Heß (33) has been head of Investor Relations & Research at Postbank and is the joint division leader for International Credit Management. He played a key role in the Bank’s IPO and made a significant contribution to Postbank shares becoming successfully established on international capital markets. Prior to this, he worked for the HVB Group.
A photo of Marc Hess is available at www.postbank.de/foto-hess/
