25/09/2024 06:33
Bettina Orlopp has been waiting in the wings for more than four years. With Commerzbank AG scrambling to fend off an unwelcome suitor, her rise to the top has taken a sudden and dramatic twist.
The lender’s supervisory board on Tuesday appointed Orlopp as the next chief executive officer, the first woman ever in that role. The announcement came barely two weeks after CEO Manfred Knof said he wouldn’t seek a new term when his current one runs out at the end of next year.
Source: Bloomberg
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