The Management Board

The Management Board is responsible for managing the company. In doing so, it is obliged to act in the best interest of the company and undertakes to increase its sustainable enterprise value. The Management Board ensures that all provisions of law are complied with, and endeavours to achieve their compliance throughout Group companies.

The Management Board develops company strategy, coordinates it with the Supervisory
Board, and ensures its implementation. It ensures appropriate and sustainable risk management and risk controlling throughout the company. The Management Board cooperates on the basis of trust with Aareal Bank AG's other executive bodies, and with employee representatives.

Marc Hess Member of the Management Board (Chief Financial Officer)

Curriculum vitae as pdf-download

Date of birth: 30.08.1973
Nationality: German
First appointment: 2018
Independence: Yes
Expertise: Strategic planning; finance/accounting; non-financial data; investor relations; liquidity and funding planning; management of market, liquidity, IRRBB and business risk
   
Professional milestones
Since 2018 Member of the Management Board, Aareal Bank AG
2012 - 2014 Global Chief Financial Officer Private & Business Clients, Deutsche Bank AG
2007 - 2018 Chief Financial Officer, Deutsche Postbank AG
2007 - 2007 Co-head Credit Management International, Deutsche Postbank AG
2004 - 2007 Managing Director Investor Relations & Research, Deutsche Postbank AG
2000 - 2004 Deputy Head Investor Relations, HypoVereinsbank Group
   
Education
  Studied business administration at the University of Bayreuth
   
Positions on non-Group supervisory boards or comparable bodies
  None
   
Additional positions on governing bodies of other organisations
  Plan International Germany e.V., member of the Board of Trustees
  vdp Board of Directors, member
  vdp Pfandbrief, Capital Markets and Investor Relations Committee, Chairman of the Committee
  Accounting Standards Committee of Germany (ASCG), member

Curriculum vitae as pdf-download

Dagmar Knopek Member of the Management Board (Chief Lending Officer)

Curriculum vitae as pdf-download

Date of birth: 18 March 1958
Nationality: German
First appointment: 2013
Independence: Yes
Expertise: SPF segment; problem loan processing; lending development and quality; downstream loan processing; loan processing control; intensive care; trading transaction settlement and control; management of property, credit, market and IRRBB risk
   
Professional milestones
Since 2013 Member of the Management Board, Aareal Bank AG
2010 - 2013 Head of Credit Management for Europe, the USA and Asia, Aareal Bank AG
2008 - 2010 Chief Credit Officer, Aareal Capital Corporation, New York, USA
2004 - 2008 Head of Credit Management for International Property Finance, Aareal Bank AG
1999 - 2004 Head of UK Desk, Aareal Bank (formerly DePfa Bank AG)
1980 - 1999 Various team member and management positions at Bayrische Hypotheken- und Wechsel-Bank AG, Germany and UK
   
Education
  Banking apprenticeship
   
Positions on non-Group supervisory boards or comparable bodies
  HypZert GmbH, Supervisory Board Chair
   
Additional positions on governing bodies of other organisations
  vdp International Real Estate Finance Committee, member
  vdp Real Estate Market and Real Estate Finance Germany Committee, member
  German Property Federation (ZIA), member

Curriculum vitae as pdf-download

Christiane Kunisch-Wolff Member of the Management Board (Chief Risc Officer)

Curriculum vitae as pdf-download

Date of birth: 9 December 1966
Nationality: German
First appointment: 2016
Independence: Yes
Expertise: Management of all key financial and non-financial risks; effectiveness of risk management systems at banks; evaluation of systems for preventing money laundering, terrorist financing and other criminal offences; compliance management systems; organisation and effective design of banks' control departments; development, quality, monitoring and deployment of risk classification procedures; legal and regulatory requirements; evaluation and effectiveness of the governance framework
   
Professional milestones
Since 2016 Member of the Management Board, Aareal Bank AG
2012 - 2016 Member of the Management Board of Westdeutsche ImmobilienBank AG
2006 - 2012 Member of the Management Board of readybank AG
1993 - 2006 Various positions at WestLB AG
   
Education
  Master of Business Administration (MBA)
  Studied economics at the Hochschule Niederrhein University of Applied Sciences
   
Positions on non-Group supervisory boards or comparable bodies
  None
   
Additional positions on governing bodies of other organisations
  Frankfurt Institute for Risk Management and Regulation (FIRM), member of the Advisory Council
  Association of German Public Banks (Bundesverband Öffentlicher Banken - "VÖB"), Risk Management and Accounting Committee, member

Curriculum vitae as pdf-download

 

Thomas Ortmanns Member of the Management Board (Chief Digital Officer)

Curriculum vitae as pdf-download

Date of birth: 19 July 1960
Nationality: German
First appointment: 2005
Independence: Yes
Expertise: Banking & Digital Solutions segment; Aareon segment; information technology; participation risks; management and monitoring of all key risks; design of control functions for banks; strategic planning
   
Professional milestones
Since 2005 Member of the Management Board, Aareal Bank AG
1997 - 2005 Consart Management Consultants GmbH, Managing Partner
1996 - 1997 Consart Management Consultants GmbH, Project Manager
1994 – 1996 Self-employed project developer
1985 - 1994 Bayrische Hypotheken- und Wechsel-Bank,
Member of the Management Board Office's strategy development team; Head of Planning and Product Development Department (Retail Banking and Asset Management); regional branch manager
   
Education
  Degree in business administration (Diplom-Kaufmann) from the Technical University of Berlin
   
Positions on non-Group supervisory boards or comparable bodies
  None

Curriculum vitae as pdf-download

 

Christof Winkelmann Member of the Management Board (Chief Market Officer)

Curriculum vitae as pdf-download

Date of birth: 9 May 1975
Nationality: German
First appointment: 2016
Independence: Yes
Expertise: SPF segment; loan structuring and syndication; funding; management of credit, propery and market risk, design of internal control systems for the lending process
   
Professional milestones
Since 2016 Member of the Management Board, Aareal Bank AG
2008 - 2016 Managing Director Special Property Finance, Aareal Bank AG
2006 - 2008 Managing Director, Valartis Bank AG, Zürich
2000 - 2006 Director and Head of Hotel Finance Group, Aareal Bank AG
   
Education
  B.Sc. in hotel management and minor in business administration, University of Las Vegas, Nevada
   
Positions on non-Group supervisory boards or comparable bodies
  None
   
Additional positions on governing bodies of other organisations
  Urban Land Institute
  Lodging Industry Investment Council
  International Hotel Investment Council

Curriculum vitae as pdf-download