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]
Martin Zielke | |
---|---|
Born | |
Nationality | German |
Alma mater | Georg August University |
Occupation | Banker |
Employer | Commerzbank |
Title | Chairman of the Board of Managing Directors |
Early life and education
editAfter 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
editAfter 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
edit- Association of German Banks, Member of the Board of Directors[18]
- Baden-Badener Unternehmer-Gespräche (BBUG), Member of the Board (since 2016)[19]
- Institute of International Finance (IIF), Member of the Board[20]
- University of Göttingen, Faculty of Business and Economics, Member of the advisory board (since 2019)[21]
- Working Group of Protestant Businesses (AEU), Member of the Board of Trustees[22]
References
edit- ^ Seibel, Karsten (March 6, 2016). "Neuer Chef: Außenseiter übernimmt das Ruder bei der Commerzbank". Die Welt (in German). Retrieved August 27, 2018.
- ^ 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.
- ^ "Martin Zielke". DLD Conference. Retrieved August 29, 2018.
- ^ "Neuer Retail-Chef bei Commerzbank". Börsen-Zeitung (in German). December 11, 2001. p. 6.
- ^ "Das Porträt: Martin Zielke". Die Welt (in German). February 24, 2011. Retrieved August 29, 2018.
- ^ "Der neue Chef bei der Commerzbank". Westdeutsche Zeitung (in German). March 7, 2016.
- ^ Bartz, Tim; Clausen, Sven (March 6, 2016). "Warum die Commerzbank noch deutscher wird". Manager Magazin (in German). Retrieved August 29, 2018.
- ^ "Martin Zielke". Munzinger-Archiv. July 5, 2016. Retrieved October 5, 2018.
- ^ "Zielke wird bei Eurohypo Finanzchef". Börsen-Zeitung (in German). March 25, 2006. p. 7.
- ^ Benders, Rolf; Potthoff, Christian (November 18, 2005). "Eurohypo-Kauf: Commerzbank baut auf Büros und Wohnungen". Handelsblatt (in German). Retrieved August 29, 2018.
- ^ von Heusinger, Robert (2005). "Wette auf Deutschland". Die Zeit (in German). No. 48.
- ^ 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.
- ^ "Martin Zielke". Bloomberg. Retrieved August 29, 2018.
- ^ Nagl, Hans (November 19, 2010). "Martin Zielke: Vertrauter des Commerzbank-Chefs muss nochmal ran". Handelsblatt (in German). Retrieved August 29, 2018.
- ^ Kaiser, Stefan (March 6, 2016). "Neuer Konzernchef Zielke: Dieser Mann soll die Commerzbank wieder normal machen". Spiegel Online (in German). Retrieved August 27, 2018.
- ^ Kaiser, Stefan (September 30, 2016). "Neue Commerzbank-Strategie: Finger weg vom Zocken". Spiegel Online (in German). Retrieved August 29, 2018.
- ^ Olaf Storbeck (July 3, 2020), Commerzbank chairman and chief to quit in Cerberus row Financial Times.
- ^ Board of Directors Association of German Banks.
- ^ Board Baden-Badener Unternehmer-Gespräche (BBUG).
- ^ Board Institute of International Finance (IIF).
- ^ Board of Experts advises Faculty of Business and Economics, press release of May 2019.
- ^ Board of Trustees Working Group of Protestant Businesses (AEU).