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Supervisory Board appoints Jörg Hermes as a member of the Management Board

27.03.2020

The Supervisory Board of DZ HYP today appointed Mr Jörg Hermes (50) as a member of the Management Board, with effect from 1 April 2020. Dr Georg Reutter (Chief Executive Officer) and Manfred Salber will remain as Management Board members alongside Mr Hermes. Going forward, Mr Hermes will be responsible for Finance, the Compliance Office, IT and Organisation & Operations, Internal Audit, and Human Resources. The Management Board of DZ HYP welcomes his appointment and looks forward to future collaboration. Jörg Hermes succeeds Dr Carsten Düerkop, who will retire from the Management Board of DZ HYP to take up an appointment as Chief Executive Officer of the Management Board of VR-Bank Westmünsterland, effective 1 April 2020.

Mr Hermes, who holds a degree in business administration (Diplom-Kaufmann), has been working for the Bank since 2002. Having assumed responsibility for Finance and Risk Control in 2008, he was appointed Senior General Manager in April 2017. Since the merger of DG HYP and WL BANK to form DZ HYP in July 2018, he has headed the Finance division and was responsible for various strategic projects.

Following his apprenticeship as a bank officer, Mr Hermes studied economics at the University of Munster. Prior to joining DG HYP, he worked for a renowned firm of auditors.

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