Martin Zielke

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

Early life and education

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

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
  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) (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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