MainFirst reshuffles management team and board

Frankfurt-headquartered investment group MainFirst is set to implement changes in its management team following the sale of the company’s majority shareholding to Haron Holding AG in April 2017.

Andreas Haindl, member of the management board of MainFirst Bank AG since 2007 and CEO since 2013, will leave the firm when his current contract ends on 30 April 2018.

MainFirst stated that the succession to the management board will be appointed from within the bank and be announced in due course.

In addition, Bjoern Kirchner, chief financial officer since 2007, has extended his contract until 2020.

The chairman of the supervisory board of MainFirst Bank AG is currently Herbert Pfennig, currently CEO of Deutsche Apotheker- und Aerztebank eG until 31 August 2017.

Luca Pesarini, owner of the new majority shareholder Haron Holding AG, has been elected as the new chairman of the board of directors of MainFirst Holding AG.

Haindl commented: “MainFirst has been a unique entrepreneurial success story and I feel proud to have contributed to the development of the Bank for 12 years, from 2013 as CEO. The business areas of MainFirst are very well positioned. Also, in April of this year we successfully secured Haron Holding as a long-term anchor investor.

“Therefore, I am convinced that 2018 will be a good time for the generational change in leadership. With my management board colleague Bjoern Kirchner and an internal successor to the management board we will safeguard continuity. For me personally this will be the right time to pursue new professional challenges. Until then I am fully committed to supporting the transition.”

ABOUT THE AUTHOR
Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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