Tim Armbruster

Tim Armbruster is an experienced finance professional currently serving as Group Treasurer at KfW since March 2020, overseeing responsibilities including liquidity management, capital markets funding, and investor relations. In addition, Tim has been a Member of the Supervisory Board at TCX since May 2022. Tim's past roles include Managing Director at Aareal Bank AG and FMS Wertmanagement, as well as positions such as Head of Liquidity Management at Deutsche Pfandbriefbank AG and Head of Capital Markets Funding Strategy at Commerzbank AG. Tim’s educational background includes a degree as Certified Bankkaufmann from Kaufmännische Schule 1 Stuttgart.