WIESBADEN (dpa-AFX) - Aareal Bank AG (AAALF.PK) said on Wednesday that its
Supervisory Board and Chief Financial Officer Marc Hess have mutually agreed for
Hess to leave the Group at the end of his contract, which will expire at the end
of the year.

The Supervisory Board will decide upon a successor for Hess in the Management
Board in due course. Hess will keep his current responsibilities until the
appointment of his successor to ensure a smooth handover.

Hess has been serving as CFO of Aareal Bank since October 2018. He also took on
interim responsibility for the Group's Strategy division.

Prior to joining Aareal Bank, Hess served as Chief Financial Officer of Deutsche
Postbank AG from 2007 to 2018.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX