Commerzbank (DE:CBK) has released an update.
Commerzbank AG has announced a leadership change with Bettina Orlopp stepping in as the new CEO, succeeding Manfred Knof, and Michael Kotzbauer taking on the role of Deputy CEO. The transition is set to take place soon as the Supervisory Board commences a structured search for a new CFO. Both Orlopp and Kotzbauer have been instrumental in shaping the bank’s strategy and are expected to steer the company towards growth, profitability, and enhanced customer focus.
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