DGAP-News: Supervisory Board appoints Sabine Mlnarsky as Human Resources Director at Commerzbank | News

DGAP-News: Commerzbank Aktiengesellschaft / Keywords: Staff

The Supervisory Board appoints Sabine Mlnarsky to the position of Human Resources Director at Commerzbank

07/06/2022 / 10:42
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  • Taking responsibility for the Group’s Human Resources January 1, 2023
  • Risk Director Marcus Chromik is implementing the contract until the end of 2023.

At today’s meeting, the Supervisory Board of Commerzbank appointed Sabine Mlnarsky to the institute’s management board with effect from January 1, 2023. He will take over the HR department of the Group there. Sabine Schmittroth, who is leaving Commerzbank, is leaving Commerzbank as Human Resources Director and Chief Labor Officer at the end of 2022, in line with her personal life plans.

Sabine Mlnarsky has over two decades of experience in HR. He comes to Commerzbank from the Austrian Erste Group Bank AG. The 47-year-old lawyer has been managing the human resources department at the leading institute of Austrian savings banks since 2016. She returned to the company where she began her career in human resource management in 2001, before being responsible for HR at the Lufthansa subsidiary Austrian Airlines in 2013-2016.

The Chairman of the Supervisory Board of Commerzbank, Helmut Gottschalk, commented on her appointment to the Management Board: We are glad that at Ms. Mlnarsky we have gained an experienced and dynamic manager who not only knows our industry very well, but has also proved successful. in times of unrest. It will give a new impulse to HR work at Commerzbank, develop new job prospects in the bank, and thus strengthen the spirit of optimism in the company and increase the attractiveness of Commerzbank as an employer. At the same time, the Supervisory Board would like to thank Ms Schmittroth for the services she has performed for almost four decades in various functions for our company and wish her all the best in the next stage of her life.

At today’s meeting of the Supervisory Board, Chief Risk Officer Marcus Chromik informed the board that he would implement his management contract, which is valid until the end of 2023, but will not accept a possible offer to extend the contract according to his personal life plans. Chairman of the Supervisory Board Helmut Gottschalk: We respect Mr. Chromik’s long-term decision to start a new chapter in his professional life after 14 years of work in the bank and 8 years in the Management Board, we look forward to the remaining time of our cooperation with mutual respect. Informing the Supervisory Board at an early stage ensures transparency and planning security for an orderly transition in this important function.

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About Commerzbank

Commerzbank is a leading bank for SMEs and a strong partner for some 28,000 groups of corporate clients and approximately 11 million individual and business clients in Germany. The bank offers a comprehensive portfolio of financial services in two business areas: individual and business clients and corporate clients. Commerzbank handles around 30 percent of German foreign trade and is represented internationally in nearly 40 countries in the service of corporate clients. The bank focuses on German medium-sized companies, large companies and institutional clients. In international business, Commerzbank supports clients with business ties to Germany and companies from selected future-oriented sectors. As part of the Comdirect integration, private and business customers benefit from one of the most modern internet banks in Germany for personal on-site consulting. The Polish subsidiary mBank SA is an innovative digital bank and serves approximately 5.6 million individual and corporate clients, mainly in Poland, as well as in the Czech Republic and Slovakia. In 2021, Commerzbank had a gross income of approximately EUR 8.5 billion with approximately 46,500 employees.


This press release contains forward-looking statements. These are statements that do not describe the facts of the past. Such statements in this communication relate, inter alia, to the expected future development of Commerzbank’s business, expected efficiency gains and synergies, expected growth prospects and other opportunities to increase Commerzbank’s value, as well as expected future financial results, restructuring costs and other financial developments and information. These forward-looking statements are based on the Management Board’s current plans, expectations, estimates and forecasts. They depend on a number of assumptions and are subject to known and unknown risks, uncertainties and other factors that could cause actual results or changes to differ materially from those expressed or implied by these forward-looking statements. These factors include the state of financial markets in Germany, Europe, the US and other regions where Commerzbank generates a significant portion of its income and holds a significant portion of its assets, asset price developments and the development of market volatility, in particular due to the ongoing European debt crisis, potentially insolvency of borrowers or commercial contractors, implementation of strategic initiatives to improve the business model, credibility of risk management policies, processes and methods, risk resulting from regulatory changes and other threats. Accordingly, forward-looking statements are valid only as of the date they are made. Commerzbank makes no commitment to update or modify any forward-looking statements in this announcement to reflect events or circumstances after the date of this announcement.

07/06/2022 Publication of Corporate News / Financial News broadcast by DGAP – EQS Group AG service.
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