Aareal Bank
Jochen Klösges currently serves as the CEO and Chairman of the Management Board at Aareal Bank. Prior to this, they were with E.R. Capital Holding from April 2014 to September 2021, where they served as Group CEO. From May 2009 to November 2013, they were a Member of the Management Board at Commerzbank AG. From February 2007 to April 2009, they served as Divisional Director Corporate Development at Commerzbank AG. Jochen began their career with Eurohypo AG, where they served as a Member of the Management Board from May 2004 to January 2007.
Marc Hess - Chief Financial Officer, Christiane Kunisch-Wolff - Chief Risk Officer, and Christof Winkelmann - Chief Market Officer report to Jochen Klösges.
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Aareal Bank
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Aareal Bank AG is a Germany-based real estate bank. It provides finance, advisory and other services to commercial property and institutional housing sectors. It's activities are divided into two core business divisions: Structured Property Financing and Consulting/Services. The Structured Property Financing combines property finance with refinancing, services domestic and international clients on their property and creates financing packages for logistics properties, shopping centers and hotels. The Consulting/Services offers the institutional housing sector services and products for managing residential property portfolios and processing payment flows, providing Information Technology systems consultancy and software products, among others. The Consulting/Services segment operates in Europe, whereas Structured Property Financing segment operates in North America, Europe and Asia. The Company operates Corealcredit Bank AG and Westdeutsche Immobilien AG as wholly owned subsidiaries.