Klaus-Peter Müller

Klaus -Peter Müller ( born September 16, 1944 in Duppach ) is Chairman of the Board of Commerzbank AG.

Career

Müller is the son of Peter Müller, the former honorary mayor of Dusseldorf.

After his apprenticeship at Bankhaus Friedrich Simon KGaA in Dusseldorf (1962-1964) and the completion of basic military service 1964-1966 (current rank: lieutenant of the reserve ) came Müller in 1966 as an employee of the Commerzbank AG:

He worked from 1966 to 1968 in the store Dusseldorf and in the New York Representative ( 1968-1973, 1971 conversion to the New York branch ). With the management of the branch Dusseldorf or the co-head of the branch in Duisburg, he was commissioned from 1973 to 1982. He also was from 1982 to 1986 co-head of the branch in New York. In 1986 (until 1990 ) he was appointed plenipotentiary head of the Central Department for corporate clients in Frankfurt am Main, before he took over the position as head of the Central Department " Aufbau Ost " in February 1990.

Since 1 November 1990 Müller was a member of the Management Board of Commerzbank AG since May 25, 2001 his spokesman. In May 2008 he joined the Supervisory Board. His successor as CEO, Martin Blessing.

January 17, 2007 Klaus -Peter Müller was awarded an honorary professor at the Frankfurt School of Finance & Management. The presentation speech at the award ceremony held among other things, Federal President Roman Herzog. In 2008, Müller was the successor of Gerhard Cromme Chairman appointed by the Federal Ministry of Justice in September 2001 the Government Commission German Corporate Governance Code (the Commission for good corporate governance ). The Government Commission had recently dealt with the topic of the " Executive Compensation " in listed companies and proposed both a limitation of salaries as well as more transparency in the disclosure of management board remuneration. In the spring of 2013, Müller declared to resign from the Commission Chair. Klaus -Peter Müller is committed to the principles of the social market economy.

Criticism

Under the leadership of Klaus -Peter Müller, Commerzbank took over on 31 March 2006, shortly before the financial crisis by Deutsche Bank and Allianz (Dresdner Bank) whose third shares of the then largest European real estate and public funders EuroHypo.Am January 12, 2009 was completed the acquisition of Dresdner Bank from Allianz AG. These two acquisitions performed in conjunction with the banking crisis means that Commerzbank had to be rescued in 2009 with tax funds from insolvency. Nevertheless, Klaus -Peter Müller holds the acquisition of Dresdner Bank continues to be right. Only the time have turned out to be " unhappy " in retrospect.

Memberships

  • Member of the Supervisory Board of Linde AG
  • Member of the Supervisory Board of Fresenius SE
  • Member of the Board of Directors of the Agricultural Bank pension
  • To March 2009, President of the Federal Association of German Banks, Berlin
  • Mueller is Vice Chairman of the Board of Trustees of the Bundesliga Foundation
  • Chairman of the Board of the Frankfurt School of Finance & Management

Awards

  • June 2008: Ludwig -Erhard Gold Medal of the Economic Council of the CDU
  • January 2007: Honorary Professor at the Frankfurt School of Finance & Management
  • June 2005: Presentation of the Cross of Honour of the Bundeswehr in Gold, including for the recognition of its commitment to in-depth meetings between executives of the Bundeswehr and the economy
  • February 2004: Awarded an honorary doctorate from the University of Finance Government of the Russian Federation
  • 2011: Great Federal Cross of Merit
Vorstand The Linde Group Bundesverband deutscher Banken Honorary title (academic) Order of Merit of the Federal Republic of Germany Integrated Authority File
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