Aareal Bank has a new top management, Dr. Wolf Schumacher (46), starting from the 1st of April.
Until now Dr. Schumacher was Spokesman of the Board of Managing Directors of Deutsche Genossenschafts-Hypothekenbank AG and is a recognised expert on the credit and the real estate business.
Hans W. Reich, Chairman of the Supervisory Board of Aareal Bank AG: âWe are delighted to welcome Doctor Schumacher who is an excellent real estate specialist, to assuming the management of Aareal Bank; we are looking forward to seeing the development to come.â
Source: Aareal