Commerzbank AG (CBK.DE)

8.88 -0.51 (-5.45%) At close: 06:41PM CEST

Commerzbank AG

Kaiserplatz
Frankfurt am Main 60311
Germany
49 69 136 20
https://www.commerzbank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full-time employees: 38,167

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Manfred Knof	Chairman of MD & CEO	3.93M	N/A	1965
Dr. Bettina Orlopp	CFO, Head of Tax, IR, Treasury & Deputy Chairwoman of the Board of MD	1.6M	N/A	1970
Dr. Marcus Chromik	Chief Compliance Officer, Chief Risk Officer & Member of the Board of MD	1.57M	N/A	1972
Mr. Michael Kotzbauer	Head of Corp. Clients Bus. & Member of the Board of MD	1.55M	N/A	1969
Magistrate Thomas Schaufler CEFA	Member of the Board of Managing Director	1.03M	N/A	1970
Dr. Jorg Oliveri del Castillo-Schulz	COO & Member of the Board of MD	N/A	N/A	1967
Ms. Sabine Mlnarsky-Bstandig	Chief HR Officer, Labour Relations Director & Member of Board MD	N/A	N/A	N/A
Mr. Christoph Wortig	Head of Investor Relations	N/A	N/A	N/A
Mr. Sven Korndorffer	Head, Corp. Communications, Public Affairs, Brand Mgmt., Communication Products & Services div.	N/A	N/A	N/A
Mr. Toufic Yafoui	Head of Fixed Income Sales - Middle East	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letters of credit, guarantees, trade facilitation, supply chain financing, buyer's credit, and forfaiting services; and bilateral loans, club deals, Schuldschein instruments, syndicated loans, bonds, private placements, other debt instruments, and Islamic financing services. It also provides money market, and commodities and precious metals products; interest, currency, and liquidity management services, as well as wealth management services. Commerzbank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

Corporate governance

Commerzbank AG’s ISS governance QualityScore as of 1 February 2023 is 3. The pillar scores are Audit: 10; Board: 2; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.