Hermann Wagner will hand over Chairmanship of Supervisory Board to Jean Pierre Mustier
- Supervisory Board elects Jean Pierre Mustier as Chairman, Hermann Wagner secures orderly transition
- Wagner: “It has been a privilege chairing Aareal Bank’s Supervisory Board and I am pleased the Supervisory Board elected Jean Pierre Mustier as my successor. His wealth of experience will enormously benefit the Group.”
- Mustier: “I will be delighted to chair Aareal’s Supervisory Board and work with all its members and the management team to further contribute to the Group’s development.”
Prof. Dr Hermann Wagner said: “I announced earlier that I wouldn’t be available for another nomination, so for me this represents a natural point for transition. It has been a privilege chairing Aareal Bank and I am pleased the Supervisory Board elected Jean Pierre Mustier as my successor. His wealth of experience will enormously benefit the Group at a time the bank is celebrating its 100th anniversary, sees the arrival of new investors and further develops its ‘Next Level’ strategic agenda.”
Jean Pierre Mustier added: “I will be delighted to chair Aareal’s Supervisory Board and work with all its members and the management team to contribute to the Group’s development under its new ownership. In the name of the Supervisory Board, I’d also like to express my sincere thanks to Hermann Wagner for his dedicated work over the past eight years and for steering Aareal towards a new era.”
Source : Aareal Bank AG