Management Board of Commerz Real: Dr. Andreas Muschter to Succeed Eberhard Graf

Dr. Muschter will also take over the role of Chief Financial Officer (CFO). In his current position, he is in charge of Commerzbank’s Mergers & Acquisitions business in the Group Development & Strategy division. In this role, Dr. Andreas Muschter – a doctor of jurisprudence – masterminded the takeover of Dresdner Bank, among other projects.

“In Dr. Muschter we have won a banker with superior track record for Commerz Real who brings comprehensive know-how in the structuring and financing of equity and corporate investments to the job,” commented Jochen Klösges, Chairman of the Supervisory Board of Commerz Real AG, and Member of the Board of Commerzbank where he is in charge of the Assed-Based Finance segment. “He will contribute in definitive ways to the ongoing development of Commerz Real.”

Having graduated in law from Heidelberg University and following traineeships in judicial services in Northern Germany and Australia, Dr. Andreas Muschter joined Commerzbank Group in March of 2001. His initial position was with the Central Legal Department. In May 2007, he was placed in charge of M&A activities within the Group Development division.