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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.

Dr Christian Ricken Chairman of the Management Board (Chief Executive Officer)

Curriculum vitae as pdf-download

Date of birth:07 December 1966
Nationality:German
First appointment:2024
Expertise:Strategy, portfolio management and control, M&A and equity investment management, commercial property finance, IT, risk management, personal and succession planning, corporate communication, communication with key stakeholders, segment BDS, ERP-business, ESG, innovation management
  
Professional milestones
Since 2024Chairman of the Management Board, Aareal Bank AG, Wiesbaden, Germany
2017 - 2024Member of the management board of Landesbank Baden-Württemberg
2012 - 2015Member of the Group Executive Committee of Deutsche Bank AG
2008 - 2016COO of PBC, Deutsche Bank AG
2006 - 2009CFO of PBC, Deutsche Bank AG
2007 - 2012Member of the Management Board of Deutsche Bank Privat- und Geschäftskunden AG
2006 - 2016Member of the Divisional Board of the Private and Corporate Customers Division (PBC) of Deutsche Bank AG
2001 - 2006Managing Director (Head of Strategic Controlling and Equity and Investment Controlling) at Deutsche Bank AG
  
Education
 Studied business administration at the University of the Federal Armed Forces, Hamburg
 Doctorate Dr. rer. Pol.
  
Memberships in statutory supervisory boards or similar domestic and international governing bodies
 Association Baden-Württembergische Wertpapierbörse e.V., chairman of the executive committee
 EUWAX AG, Chairman of the Supervisory Board
 Baden-Württemberg Stock Exchange, Chairman of the Exchange Council
  

Curriculum vitae as pdf-download

Nina Babic Member of the Management Board (Chief Risk Officer)

Curriculum vitae as pdf-download

Date of birth:18. September 1983
Nationality:Croatian
First appointment:2022
Expertise:Effectiveness of risk management systems at banks, management of all key risks, effective design of banks' control departments, supervisory requirements, money laundering and terrorist financing, lending development and quality, loan processing incl. -control, intensive care and NPL, evaluation of the effectiveness of the governance framework, ESG, segment RSF
  
Professional milestones
Since July 2022Member of the Management Board, Aareal Bank AG, Wiesbaden, Germany
2021 – 2022Senior General Manager Credit Management, Aareal Bank AG, Wiesbaden, Germany
2016 – 2021Managing Director Corporate Affairs, Aareal Bank AG, Wiesbaden, Germany
2008 – 2016Audit, Financial Services, PricewaterhouseCoopers AG WPG, Frankfurt, Germany
  
Education
 Examination as a certified public accountant, Chamber of Public Accountants, Berlin, Germany
 Degree in Business Management, Frankfurt University of Applied Sciences, Frankfurt, Germany
  
Memberships in statutory supervisory boards or similar domestic and international governing bodies
 Aareal Capital Corporation (Aareal Bank Group), member of the Board of Directors
 HypZert GmbH, deputy chairwoman of the Supervisory Board
  

Curriculum vitae as pdf-download

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

Curriculum vitae as pdf-download

Date of birth: 30 August 1973
Nationality: German
First appointment: 2018
Expertise: Financial/accounting, liquidity and funding planning, treasury, non-financial data, investor relations, management of market, liquidity, IRRBB and business risks, strategic planning, ESG
   
Professional milestones
Since 2018 Member of the Management Board, Aareal Bank AG, Wiesbaden, Germany
2012 - 2014 Global Chief Financial Officer Private & Business Clients, Deutsche Bank AG
2007 - 2018 Chief Financial Officer, Deutsche Postbank AG
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, Germany
   
Memberships in statutory supervisory boards or similar domestic and international governing bodies
  Aareal Beteiligungen AG (Aareal Bank Group), chairman of the Supervisory Board
  Aareon AG (Aareal Bank Group), member of the Supervisory Board
  Prüfungsverband deutscher Banken e.V., member of the Advisory Board
   

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
Expertise:SPF segment; loan structuring and syndication; funding; management of credit, propery and market risks, design of internal control systems for the lending process, ESG
  
Professional milestones
Since 2016Member of the Management Board, Aareal Bank AG, Wiesbaden, Germany
2008 - 2016Managing Director Special Property Finance, Aareal Bank AG, Wiesbaden, Germany
2006 - 2008Managing Director, Valartis Bank AG, Zürich, Switzerland
2000 - 2006Director and Head of Hotel Finance Group, Aareal Bank AG, Wiesbaden, Germany
  
Education
 B.Sc. in hotel management and minor in business administration, University of Las Vegas, Nevada, United States of America
  
Memberships in statutory supervisory boards or similar domestic and international governing bodies
 Aareal Bank Asia Ltd. (Aareal Bank Group), director of the Board of Directors
 Aareal Capital Corporation (Aareal Bank Group), chairman of the Board of Directors
  

Curriculum vitae as pdf-download