0MG0.IL - Aareal Bank AG

IOB - IOB Delayed Price. Currency in EUR

Aareal Bank AG

Paulinenstrasse 15
Wiesbaden 65189
Germany
49 611 348 3009
https://www.aareal-bank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees3,275

Key Executives

NameTitlePayExercisedYear Born
Mr. Jochen KlosgesChairman of the Management Board & CEO448kN/A1964
Mr. Marc Oliver HessCFO & Member of the Management Board1.12MN/A1973
Mr. Christof WinkelmannChief Market Officer & Member of the Management Board1.11MN/A1975
Mr. Thomas OrtmannsAdvisor832kN/A1960
Ms. Nina BabicChief Risk Officer & Member of the Management BoardN/AN/AN/A
Mr. Holger SpielbergGroup Managing Director of Group TechnologyN/AN/A1968
Mr. Jurgen JungingerHead of Investor RelationsN/AN/AN/A
Dr. Christian FahrnerManaging Director of Banking & Digital Solutions (BDS)N/AN/A1968
Mr. Rene SteurerGroup Managing Director of Corp. StrategyN/AN/A1974
Mr. Severin SchöttmerManaging Director of Special Property Fin.N/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Aareal Bank AG, together with its subsidiaries, provides financing, software products, digital solutions, and payment transaction applications for the property sector and related industries in Germany, North America, Asia Pacific, and rest of Europe. It operates through three segments: Structured Property Financing, Banking & Digital solutions, and Aareon. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, hotels, and shopping centers, as well as retail, logistics, residential properties, and student housing. This segment also provides deposits, registered and bearer Pfandbriefe, promissory note loans, medium-term notes, debt securities, private placements, other bonds and subordinated issues, mortgage Pfandbriefe, and public sector Pfandbriefe. The Banking & Digital solutions segment offers various services and products for the residential and commercial property, and energy and waste disposal industries. Its services include specialized banking, payment systems, and optimized business processes. The Aareon segment provides IT systems consultancy and related advisory services, enterprise resource planning systems, software solutions, hosting and software as a service, and in-house services. The company was founded in 1923 and is headquartered in Wiesbaden, Germany.

Corporate Governance

Aareal Bank AG’s ISS Governance QualityScore as of June 1, 2023 is 1. The pillar scores are Audit: 3; Board: 2; Shareholder Rights: 1; Compensation: 2.

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 a 10 indicates higher governance risk.