Martin Zielke Explained

Martin Zielke
Birth Date:17 January 1963
Birth Place:Hofgeismar, Hesse, Germany
Nationality:German
Alma Mater:Georg August University
Chairman of the Board of Managing Directors
Occupation:Banker
Employer:Commerzbank

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]

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

External links

Notes and References

  1. News: Neuer Chef: Außenseiter übernimmt das Ruder bei der Commerzbank. Seibel. Karsten. March 6, 2016. August 27, 2018. de. Die Welt.
  2. News: Martin Zielke Named as New CEO of Commerzbank. The Wall Street Journal. Andrea. Thomas. Ulrike. Dauer. Eyk. Henning. March 6, 2016. August 29, 2018.
  3. Web site: Martin Zielke. DLD Conference. August 29, 2018.
  4. News: Neuer Retail-Chef bei Commerzbank. December 11, 2001. Börsen-Zeitung. 6. de.
  5. News: Das Porträt: Martin Zielke. February 24, 2011. August 29, 2018. de. Die Welt.
  6. News: Der neue Chef bei der Commerzbank. March 7, 2016. Westdeutsche Zeitung. de.
  7. News: Warum die Commerzbank noch deutscher wird. de. Tim. Bartz. Sven. Clausen. Manager Magazin. March 6, 2016. August 29, 2018.
  8. Web site: Martin Zielke. July 5, 2016. Munzinger-Archiv. October 5, 2018.
  9. News: de. Zielke wird bei Eurohypo Finanzchef. Börsen-Zeitung. March 25, 2006. 7.
  10. News: Eurohypo-Kauf: Commerzbank baut auf Büros und Wohnungen. de. Handelsblatt. November 18, 2005. August 29, 2018. Rolf. Benders. Christian. Potthoff.
  11. News: Wette auf Deutschland. de. Die Zeit. 48. 2005. von Heusinger. Robert.
  12. News: Commerzbank gibt Essen Hyp an Eurohypo ab. Integration soll bis Ende August abgeschlossen sein.. Lebert. Rolf. July 2, 2008. Financial Times Deutschland. 16. de.
  13. Web site: Martin Zielke. Bloomberg. August 29, 2018.
  14. News: de. Handelsblatt. Hans. Nagl. Martin Zielke: Vertrauter des Commerzbank-Chefs muss nochmal ran. November 19, 2010. August 29, 2018.
  15. News: Neuer Konzernchef Zielke: Dieser Mann soll die Commerzbank wieder normal machen. Kaiser. Stefan. March 6, 2016. August 27, 2018. de. Spiegel Online.
  16. News: Neue Commerzbank-Strategie: Finger weg vom Zocken. Kaiser. Stefan. September 30, 2016. August 29, 2018. de. Spiegel Online.
  17. Olaf Storbeck (July 3, 2020), Commerzbank chairman and chief to quit in Cerberus row Financial Times.
  18. https://en.bankenverband.de/about-us/board-of-directors/ Board of Directors
  19. https://www.bbug.de/de/ueber-uns/der-verein.php Board
  20. https://www.iif.com/About-Us/Our-Board Board
  21. https://www.uni-goettingen.de/en/607818.html Board of Experts advises Faculty of Business and Economics
  22. https://www.aeu-online.de/organisation/kuratorium.html Board of Trustees

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