Commerzbank poaches Deutsche Bank executive as new boss

City A.M. | Sep 27, 2020 at 12:54 PM
  • Commerzbank has tapped a senior executive from rival Deutsche Bank to become its new chief executive, filling a leadership vacuum at the lender after months of uncertainty.
  • Manfred Knof, head of Deutsche Bank’s German retail business, will take over as head of Germany’s second largest bank in January.
  • Knof succeeds Martin Zielke.