Martin Zielke

Martin Zielke
Martin Zielke (2015)
Born (1963-01-17) January 17, 1963 (age 61)
NationalityGerman
Alma materGeorg August University
OccupationBanker
EmployerCommerzbank
TitleChairman of the Board of Managing Directors

Martin Zielke (born 17 January 1963 in Hofgeismar, Hesse, Germany) is a German bank manager[1] who served as chief executive officer and chairman of the board of managing directors of Commerzbank from 2016 until 2020.[2]

Early life and education

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After training as a banker from 1983 to 1985, Zielke attended the Georg August University in Göttingen from 1985 to 1990 and graduated with a degree in business administration.[3]

Career

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After graduating, Zielke worked for Dresdner Bank’s and Deutsche Bank’s private banking and asset management.[4]

In 2002, Zielke joined Commerzbank as divisional board member.[5][6] During his early years there, he held management roles in retail and corporate banking.[7][8] From 2006 to 2008, Zielke has been chief financial officer and member of the board of managing directors of Eurohypo,[9] which had been acquired by Commerzbank a few months before.[10][11] In early 2008, he became head of group finance at Commerzbank.[12] Finally, in 2010, Zielke was appointed to the board of managing directors of Commerzbank, being responsible for the private customers segment.[13][14]

After having been appointed as Martin Blessing’s successor, Zielke took on the position of chief executive officer of Commerzbank on May 1, 2016.[15] He focused on core businesses and digitalization.[16] Although he had a contract until November 2023, he eventually resigned after disagreements with the bank's second-biggest shareholder, Cerberus Capital Management, in July 2020.[17]

Other activities

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References

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  1. ^ Seibel, Karsten (March 6, 2016). "Neuer Chef: Außenseiter übernimmt das Ruder bei der Commerzbank". Die Welt (in German). Retrieved August 27, 2018.
  2. ^ Thomas, Andrea; Dauer, Ulrike; Henning, Eyk (March 6, 2016). "Martin Zielke Named as New CEO of Commerzbank". The Wall Street Journal. Retrieved August 29, 2018.
  3. ^ "Martin Zielke". DLD Conference. Retrieved August 29, 2018.
  4. ^ "Neuer Retail-Chef bei Commerzbank". Börsen-Zeitung (in German). December 11, 2001. p. 6.
  5. ^ "Das Porträt: Martin Zielke". Die Welt (in German). February 24, 2011. Retrieved August 29, 2018.
  6. ^ "Der neue Chef bei der Commerzbank". Westdeutsche Zeitung (in German). March 7, 2016.
  7. ^ Bartz, Tim; Clausen, Sven (March 6, 2016). "Warum die Commerzbank noch deutscher wird". Manager Magazin (in German). Retrieved August 29, 2018.
  8. ^ "Martin Zielke". Munzinger-Archiv. July 5, 2016. Retrieved October 5, 2018.
  9. ^ "Zielke wird bei Eurohypo Finanzchef". Börsen-Zeitung (in German). March 25, 2006. p. 7.
  10. ^ Benders, Rolf; Potthoff, Christian (November 18, 2005). "Eurohypo-Kauf: Commerzbank baut auf Büros und Wohnungen". Handelsblatt (in German). Retrieved August 29, 2018.
  11. ^ von Heusinger, Robert (2005). "Wette auf Deutschland". Die Zeit (in German). No. 48.
  12. ^ Lebert, Rolf (July 2, 2008). "Commerzbank gibt Essen Hyp an Eurohypo ab. Integration soll bis Ende August abgeschlossen sein". Financial Times Deutschland (in German). p. 16.
  13. ^ "Martin Zielke". Bloomberg. Retrieved August 29, 2018.
  14. ^ Nagl, Hans (November 19, 2010). "Martin Zielke: Vertrauter des Commerzbank-Chefs muss nochmal ran". Handelsblatt (in German). Retrieved August 29, 2018.
  15. ^ Kaiser, Stefan (March 6, 2016). "Neuer Konzernchef Zielke: Dieser Mann soll die Commerzbank wieder normal machen". Spiegel Online (in German). Retrieved August 27, 2018.
  16. ^ Kaiser, Stefan (September 30, 2016). "Neue Commerzbank-Strategie: Finger weg vom Zocken". Spiegel Online (in German). Retrieved August 29, 2018.
  17. ^ Olaf Storbeck (July 3, 2020), Commerzbank chairman and chief to quit in Cerberus row Financial Times.
  18. ^ Board of Directors Association of German Banks.
  19. ^ Board Baden-Badener Unternehmer-Gespräche (BBUG).
  20. ^ Board Institute of International Finance (IIF).
  21. ^ Board of Experts advises Faculty of Business and Economics, press release of May 2019.
  22. ^ Board of Trustees Working Group of Protestant Businesses (AEU).
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