Martin Zielke (born 17 January 1963 in

Hofgeismar Hofgeismar () is a town in the district of Kassel, in northern Hesse, Germany. It is located 25 km north of Kassel Kassel (; in Germany, spelled Cassel until 1926) is a city on the Fulda River in North Hesse, northern Hesse, in Central Ge ...

Hesse Hesse or Hessen ( ), officially the State of Hesse (), is a States of Germany, state in Germany. Its capital city is Wiesbaden, and the largest urban area is Frankfurt, which is also the country's principal financial centre. Two other major hist ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

) is a German

bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

manager Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a government bodies through business administration, nonprofit management, or the political science sub-field of public administra ...

who served as

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

and chairman of the board of managing directors of

Commerzbank The Commerzbank Aktiengesellschaft (shortly known as Commerzbank AG or Commerzbank ) is a European Financial institution, banking institution headquartered in Frankfurt am Main, Hesse, Germany. It offers services to private and entrepreneurial c ...

from 2016 until 2020.

Early life and education

After training as a banker from 1983 to 1985, Zielke attended the

Georg August University Georg may refer to: * ''Georg'' (film), 1997 *Georg (musical), Estonian musical * Georg (given name) * Georg (surname) * , a Kriegsmarine coastal tanker * Spiders Georg, an Internet meme See also * George (disambiguation) George may refer to: ...

Göttingen Göttingen (, ; ; ) is a college town, university city in Lower Saxony, central Germany, the Capital (political), capital of Göttingen (district), the eponymous district. The River Leine runs through it. According to the 2022 German census, t ...

from 1985 to 1990 and graduated with a degree in

business administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...

Career

After graduating, Zielke worked for

Dresdner Bank Dresdner Bank AG () was a German bank, founded in 1872 in Dresden, then headquartered in Berlin from 1884 to 1945 and in Frankfurt from 1963 onwards after a postwar hiatus. Long Germany's second-largest bank behind Deutsche Bank, it was eventually ...

’s and

Deutsche Bank Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. ...

’s

private banking Private banking is a general description for banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs) – those with very high income or substantial asset ...

and

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

. In 2002, Zielke joined Commerzbank as divisional board member. During his early years there, he held management roles in retail and corporate banking. From 2006 to 2008, Zielke has been

chief financial officer A chief financial officer (CFO) is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances; i.a.: financial planning, management of financial risks, ...

and member of the board of managing directors of

Eurohypo Hypothekenbank Frankfurt AG, previously Eurohypo AG, was wound down in 2016. Its portfolios were transferred to Commerzbank AG. The banking and pfandbrief licenses were returned and Hypothekenbank Frankfurt AG was transformed into a service comp ...

, which had been acquired by Commerzbank a few months before. In early 2008, he became head of group finance at Commerzbank. Finally, in 2010, Zielke was appointed to the board of managing directors of Commerzbank, being responsible for the private customers segment. After having been appointed as Martin Blessing’s successor, Zielke took on the position of chief executive officer of Commerzbank on May 1, 2016. He focused on core businesses and digitalization. Although he had a contract until November 2023, he eventually resigned after disagreements with the bank's second-biggest shareholder,

Cerberus Capital Management Cerberus Capital Management, L.P. is an American global alternative investment firm with assets across credit, private equity, and real estate strategies.Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Qua ...

, in July 2020.

Other activities

Association of German Banks The ''Bundesverband deutscher Banken'' (BdB, also branded as Bankenverband and in English as Association of German Banks) is the representative body of profit-oriented banks in Germany and a key lobby group for Germany's financial sector. The Bd ...

, Member of the Board of Directors * Baden-Badener Unternehmer-Gespräche (BBUG), Member of the Board (since 2016) *

Institute of International Finance The Institute of International Finance (IIF) is the association or trade group for the global financial services industry. It was created by 38 banks of leading industrialized countries in 1983 in response to the international debt crisis of the ...

(IIF), Member of the Board *

University of Göttingen The University of Göttingen, officially the Georg August University of Göttingen (, commonly referred to as Georgia Augusta), is a Public university, public research university in the city of Göttingen, Lower Saxony, Germany. Founded in 1734 ...

, Faculty of Business and Economics, Member of the advisory board (since 2019) * Working Group of Protestant Businesses (AEU), Member of the Board of TrusteesBoard of Trustees
Working Group of Protestant Businesses (AEU).

References

External links

Curriculum Vitae
{{DEFAULTSORT:Zielke, Martin Living people 1963 births Businesspeople from Hesse German chief executives German bankers Commerzbank