The Management Board
The Management Board is responsible for managing the company. In doing so, it is obliged to act in the best interest of the company and undertakes to increase its sustainable enterprise value. The Management Board ensures that all provisions of law are complied with, and endeavours to achieve their compliance throughout Group companies.
The Management Board develops company strategy, coordinates it with the Supervisory
Board, and ensures its implementation. It ensures appropriate and sustainable risk management and risk controlling throughout the company. The Management Board cooperates on the basis of trust with Aareal Bank AG's other executive bodies, and with employee representatives.
Dr Christian Ricken Chairman of the Management Board (Chief Executive Officer)
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Curriculum vitae as pdf-download
| Date of birth: | 07 December 1966 |
| Nationality: | German |
| First appointment: | 2024 |
| Expertise: | Strategy, portfolio management and control, M&A and equity investment management, commercial property finance, IT, risk management, personal and succession planning, corporate communication, communication with key stakeholders, segment BDS, ERP-business, ESG, innovation management |
| Professional milestones | |
|---|---|
| Since 2024 | Chairman of the Management Board, Aareal Bank AG, Wiesbaden, Germany |
| 2017 - 2024 | Member of the management board of Landesbank Baden-Württemberg |
| 2012 - 2015 | Member of the Group Executive Committee of Deutsche Bank AG |
| 2008 - 2016 | COO of PBC, Deutsche Bank AG |
| 2006 - 2009 | CFO of PBC, Deutsche Bank AG |
| 2007 - 2012 | Member of the Management Board of Deutsche Bank Privat- und Geschäftskunden AG |
| 2006 - 2016 | Member of the Divisional Board of the Private and Corporate Customers Division (PBC) of Deutsche Bank AG |
| 2001 - 2006 | Managing Director (Head of Strategic Controlling and Equity and Investment Controlling) at Deutsche Bank AG |
| Education | |
|---|---|
| Studied business administration at the University of the Federal Armed Forces, Hamburg | |
| Doctorate Dr. rer. Pol. | |
| Memberships in statutory supervisory boards or similar domestic and international governing bodies | |
|---|---|
| Association Baden-Württembergische Wertpapierbörse e.V., chairman of the executive committee | |
| EUWAX AG, Chairman of the Supervisory Board | |
| Baden-Württemberg Stock Exchange, Chairman of the Exchange Council | |
Nina Babic Member of the Management Board (Chief Risk Officer)
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Curriculum vitae as pdf-download
| Date of birth: | 18. September 1983 |
| Nationality: | Croatian |
| First appointment: | 2022 |
| Expertise: | Effectiveness of risk management systems at banks, management of all key risks, effective design of banks' control departments, supervisory requirements, money laundering and terrorist financing, lending development and quality, loan processing incl. -control, intensive care and NPL, evaluation of the effectiveness of the governance framework, ESG, segment RSF |
| Professional milestones | |
|---|---|
| Since July 2022 | Member of the Management Board, Aareal Bank AG, Wiesbaden, Germany |
| 2021 – 2022 | Senior General Manager Credit Management, Aareal Bank AG, Wiesbaden, Germany |
| 2016 – 2021 | Managing Director Corporate Affairs, Aareal Bank AG, Wiesbaden, Germany |
| 2008 – 2016 | Audit, Financial Services, PricewaterhouseCoopers AG WPG, Frankfurt, Germany |
| Education | |
|---|---|
| Examination as a certified public accountant, Chamber of Public Accountants, Berlin, Germany | |
| Degree in Business Management, Frankfurt University of Applied Sciences, Frankfurt, Germany | |
| Memberships in statutory supervisory boards or similar domestic and international governing bodies | |
|---|---|
| Aareal Capital Corporation (Aareal Bank Group), member of the Board of Directors | |
| HypZert GmbH, deputy chairwoman of the Supervisory Board | |
Andrew (Andy) Halford Member of the Management Board (Chief Financial Officer)
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Curriculum vitae as pdf-download
| Date of birth: | 18 March 1959 |
| Nationality: | British |
| First appointment: | 2024 |
| Expertise: | Finance/accounting; liquidity and funding planning; treasury; non-financial data; investor relations; management of market, liquidity, IRRBB and business risks; strategic planning, ESG |
| Professional milestones | |
|---|---|
| Since 2024 | Member of the Management Board, Aareal Bank AG, Wiesbaden, Germany |
| 2014 - 2024 | Standard Chartered plc |
| 1999 – 2014 | Vodafone Group plc |
| 1992 – 1998 | East Midlands Electricity plc |
| 1980 – 1992 | Price Waterhouse UK and South Africa |
| Education | |
|---|---|
| Bachelor of Arts in Industrial Economics, Nottingham University, UK | |
| Memberships in statutory supervisory boards or similar domestic and international governing bodies | |
|---|---|
| Government Investments UK, Non-executive director | |
Christof Winkelmann Member of the Management Board (Chief Market Officer)
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Curriculum vitae as pdf-download
| Date of birth: | 9 May 1975 |
| Nationality: | German |
| First appointment: | 2016 |
| Expertise: | SPF segment; loan structuring and syndication; funding; management of credit, propery and market risks, design of internal control systems for the lending process, ESG |
| Professional milestones | |
|---|---|
| Since 2016 | Member of the Management Board, Aareal Bank AG, Wiesbaden, Germany |
| 2008 - 2016 | Managing Director Special Property Finance, Aareal Bank AG, Wiesbaden, Germany |
| 2006 - 2008 | Managing Director, Valartis Bank AG, Zürich, Switzerland |
| 2000 - 2006 | Director and Head of Hotel Finance Group, Aareal Bank AG, Wiesbaden, Germany |
| Education | |
|---|---|
| B.Sc. in hotel management and minor in business administration, University of Las Vegas, Nevada, United States of America | |
| Memberships in statutory supervisory boards or similar domestic and international governing bodies | |
|---|---|
| Aareal Bank Asia Ltd. (Aareal Bank Group), director of the Board of Directors | |
| Aareal Capital Corporation (Aareal Bank Group), chairman of the Board of Directors | |
Curriculum vitae as pdf-download
