DekaBank (Germany)

DekaBank Girozentrale German is a German credit institution with headquarters in Frankfurt am Main and Berlin. It is the investment firm of the German Savings Banks Financial Group.

Deka Bank in 1999 through the merger of the German Girozentrale German municipal bank and DekaBank GmbH forth. It has, among other subsidiaries in Luxembourg and Switzerland. DekaBank has approximately 4000 employees and managed according to industry association BVI currently manages a total of approximately EUR 172 billion.

  • 4.1 History of Deutsche Girozentrale
  • 4.2 History of the German Deka Investment Gesellschaft mbH

Business concept and business

DekaBank is the investment firm of the German Savings Banks Financial Group. Private and institutional investors can choose from a wide range of equity, bond, property and balanced funds. The distributor for the Funds are savings banks and Landesbanken in Germany. International DekaBank has branches, subsidiaries and representative offices in eleven countries. The companies of the Deka Group manage in 513 mutual securities funds a volume of EUR 90.7 billion (market share: 15.3% ) and four open property funds with a volume of EUR 21.7 billion (market share: 26, 3%). Furthermore, the Deka Group manages 468 special securities fund with a volume of EUR 58.1 billion (market share: 6.1% ) and twelve open special real estate funds with a volume of EUR 1.7 billion ( market share: 4, 8%). This Deka Group takes into Germany with the securities mutual funds in third place behind the DWS / German Bank Group and the Union Investment Group and is also the largest provider of open-ended real estate funds in Germany.

Organizational structure and ownership

DekaBank is an institution under public law. Shareholders are the regional savings banks associations about their membership in the DSGV ö.K. and their involvement in the acquisition Deka mbH & Co. KG. Bodies of the Bank are the Board and the Board of Directors.

Ownership structure

Board of Directors

The Board of DekaBank consists of the following five members:

  • Chairman of the Board: Michael Rüdiger ( since November 1, 2012)
  • Deputy Chairman: Oliver Behrens ( since November 1, 2012)
  • Matthias Danne (since 1 July 2006)
  • Martin K. Müller (since 1 May 2013)
  • George Stocker (since 1 August 2012)

Board of Directors

The Board of Directors of Deka Bank consists of the following members:

  • George Drive There ( Chairman since May 16, 2012 )
  • Helmut Schleweis (since 1 March 2010, 1st Deputy Board Chairman since May 16, 2012 )
  • Thomas Mang ( since 1 January 2005, 2nd Vice Chair Board of Directors since 16 May 2012)
  • Stephan Articus (Representative National Association of Local associations since October 22, 2009)
  • Hans -Günter Henneke (Representative National Association of Local associations since 1 January 2002)
  • Roland Schäfer (Representative National Association of Local associations since 1 February 2010 1 January 2003 to 30 June 2008)
  • Michael Dörr (employee representative since 9 January 2008)
  • Heike Schillo (employee representative since 21 July 2004)
  • Michael Breuer ( since 1 January 2008)
  • John Evers (since 1 August 2009)
  • Rolf Gerlach ( 2nd Vice Chair Board of Directors on 5 March 2009 to 16 March 2012, first deputy of 8 June 2006 to 10 February 2009)
  • Volker Goldmann (since 16 May 2012)
  • Gerhard Grandke (since 1 March 2009)
  • Walter Little (since 16 May 2012)
  • Beate Laesch -Weber ( since 7 April 2011)
  • Harald Menzel ( since 1 December 2007)
  • Hans -Werner Sander (since 1 April 2007)
  • Eugen Schäufele (since 16 May 2012)
  • Siegmund Schiminski (since 16 May 2012)
  • Peter Schneider (since 1 August 2006)
  • George Sellner (since 16 May 2012)
  • Harald Vogelsang (since 11 February 2009)
  • Johannes Werner (since 16 May 2012)
  • Alex Wüerst (since 16 May 2012)
  • Theo Zellner (since June 15, 2010 )

Former Executive and Directors

  • Heinrich Haasis (Chair from 1 May 2006 to 15 May 2012 1 replacement until 30 April 2006)
  • Karlheinz Bentele ( Director from 1 November 1996 to 31 December 2007)
  • Hans Berger ( Board Member from 1 January 2003 to 10 November 2008)
  • Hans- Dieter Brenner ( Board Member from 1 October 2008 to 9 June 2011)
  • Klemens Breuer ( from 15 April 2010 to 9 June 2011)
  • Thomas Christian bookbinder ( from 1 April 2007 to 9 June 2011)
  • Thomas R. Fischer ( 2nd Vice Board Chair until 2 August 2007)
  • Gerd Haeusler ( Director from 15 April 2010 to 9 June 2011)
  • Heinz Hilgert ( Board Member from 1 May 2008 to 18 May 2009)
  • Dietrich H. Hoppenstedt ( Board Chair 1 October 1998 to 30 April 2006)
  • Michael Horn ( Director from 11 February 2009 to June 9, 2011 )
  • Siegfried Jaschinski ( member of the Board until 20 May 2009, first deputy of 5 March 2009 to 20 May 2009, 2 deputy from 1 December 2007 to 10 February 2009)
  • Stephan-Andreas Kaulvers ( Board Member of 1 June 2006 to 9 June 2011)
  • Michael Kemmer ( Director from 1 April 2008 to 14 December 2009)
  • Günther Merl ( Board Member from 1 July 2001 to 30 September 2008)
  • Siegfried Naser ( Director October 1, 2000 to February 28, 2010)
  • Dirk Jens Nonnenmacher ( Director from 11 February 2009 to 31 March 2011)
  • Richard Nospers (representatives of the National Association of local central organizations from 1 July 2008 to 2 November 2009)
  • Hannes Rehm ( Director from 1 August 2004 to 31 December 2008)
  • Werner Schmidt ( Director from 1 June 2001 to 29 February 2008)
  • Gustav Adolf Schröder ( Director from 13 May 1996 to 31 March 2007)
  • Hans Otto Streuber ( Board Member of 7 May 1999 to 31 March 2011)
  • Alexander Stuhlmann ( Director from 1 October 2007 to 30 April 2008 and from 1 January 1999 to 31 December 2006)
  • Herbert Sweet ( Director 1 August 2005 to 15 September 2007)
  • Hans -Jörg Vetter ( 1st Vice Chair Board of Directors on 10 September 2009 to 9 June 2011)
  • Dietrich Voigtländer ( Director from 1 August 2009 )

Subsidiaries and investments

Financial and earnings figures

History

History of Deutsche Girozentrale

Ten years after Johann Christian Eberle had introduced the current traffic at the savings banks and several regional banks associations were founded, the German Girozentrale ( DGZ ) was opened as a legally dependent bank institute of the German Central Bank Association in Berlin on 1 February 1918 as the lead institution. The capital of 15 million Reichsmark was provided by the regional giro associations in joint and several liability for the Central Association are available. Already at the beginning of business took over the DGZ variety of tasks. She used the cashless payments ( giro ) and made for a monetary settlement between the regional giro institutions. In addition, one of their tasks, the member associations of the German Central Bank Association (from 1924 German Savings Banks and Giro Association ) and other German local government associations to grant short-term loans and accept these income funds to buy exchange and sell and take out loans. 1919 DGZ was recognized as economically independent, public banking institution and received the license to operate and the long-term municipal business and to set up municipal bonds. Therefore, the name was in 1921 supplemented by " German municipal bank ". With the reorganization of the local banking DGZ 1931 legally independent and received in 1932 for the first time its own statutes. But unlimited liability carrier remained the German Savings Banks and Giro Association. Bodies of the Bank were the Annual General Meeting, the Board of Directors and the Executive Board. At the same time, the supervision of the DGZ by the Prussian Ministry of the Interior was transferred to the Reich government. The Kommunalkredit ban of 1931 changed the business concept. The management of liquidity reserves increased after 1931.

The Nazis instrumentalized the public bank after 1933 in order to meet the ever growing financial needs for upgrading and warfare can. After the occupation of Berlin by the Allies lying in the Soviet sector bank was shut down in 1945. In 1949 it was reactivated in Dusseldorf, but limited to short-term business. In 1954 took over the German Girozentrale their full business again, a year later, she opened a branch office in Berlin ( West), in 1965 the headquarters was moved to Frankfurt am Main. Beyond its traditional tasks in the money, securities and lending reinforced DGZ her syndicate. Was also intensified its engagement in municipal loans and the housing finance sector.

History of the German Deka Investment Gesellschaft mbH

On August 17, 1956, the German Deka Investment Gesellschaft mbH was founded with its headquarters in Dusseldorf. With it, the foundation stone for all present-day investment activities was placed under the umbrella of the DekaBank Group. The first investment fund - DekaFonds - was launched with an investment volume of DM 8 million on 26 November 1956. Beginning of 1962 was the launch of the first international fund, the AriDeka European equities and fixed income securities. In 1965 the transfer to Frankfurt am Main. The growing interest in open-ended property fund is supported by the foundation of the German Sparkassen -Immobilien- Investment -Gesellschaft mbH ( Despa ) 1966 bill; she laid in 1967 with DespaFonds their first open-ended funds on. In 1968, the German Deka corporation increased with the edition of the RenditDeka into business with pension funds. 1978 was launched with the first world Deka special berthing Deka- equity funds. 1988 Deka International S. A. was founded as the first foreign subsidiary based in Luxembourg; In 1995, the Deka (Swiss ) Private Bank AG followed (founded as Deka Bank ( Switzerland ) AG ) headquartered in Zurich. DekaBank GmbH was founded in 1996 as a management holding the Deka Group. You merged on 1 January 1999 with Deutsche Girozentrale - German municipal bank - to - DGZ DekaBank German municipal bank, in the DekaBank renamed German Girozentrale 2002.

Social commitment

As part of society and in the tradition of the Savings Banks Finance Group 's social commitment is firmly anchored in the corporate culture of the DekaBank and a strategic decision that is welcomed and supported by the Executive and workforce alike.

The social commitment of DekaBank is based on two pillars: first, there are national funding commitment of the Savings Banks Finance Group, secondly, the partnerships under its own sender shaft. Here, DekaBank for the promotion of contemporary art and architecture, social projects and the science involved.

In addition, DekaBank is a member of the following associations and interest groups:

  • Bundesverband Investment und Asset Management ( BVI) eV
  • Federal Association of German Public Sector Banks ( VÖB) eV
  • DAI German Share Institute e.V.
  • German Savings Banks and Giro Association e.V.
  • EFAMA - European Fund and Asset Management Association
  • Equator Principles
  • European Association of Public Banks
  • Institute for Economic Research
  • Environmental Forum Rhein-Main e.V.
  • UN Global Compact
  • UN PRI ( Principles for Responsible Investment )
  • Association for Environmental Management and Sustainability in Financial Institutions eV
  • CRIC Corporate Responsibility Interface Centre eV
  • CDP Carbon Disclosure Project
  • WDP Water Disclosure Project
Types of business entity Vorstand Hans-Dieter Brenner Deutscher Sparkassen- und Giroverband
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