Corporate: Baader Bank hires Marcel Uhlmann to strengthen its asset manager business

Press release
Baader Bank hires Marcel Uhlmann to strengthen its asset manager business

Unterschleissheim, 07/08/2017: Baader Bank further expands its asset manager business and hires an important industry expert in the process. The bank was able to recruit Marcel Uhlmann (41) as Director of Asset Manager Sales.

In his new position, Marcel Uhlmann reports to Albrecht Kümmerer, who oversees Baader Bank's General Sales team. In this role, Albrecht Kümmerer manages the asset manager business, depositories and fintech projects. The fast growing and strategically important line of business is managed by Oliver Riedel, who is a member of the Board of Managing Directors and is responsible for the bank's customer business.

In his previous position at DAB BNP Paribas, which he held between 2000 and now, Marcel Uhlmann was responsible for managing asset manager-related customer care; he is considered to have outstanding industry insights and impeccable expertise. 'Hiring Marcel Uhlmann was another step in our consistent approach to reaching our ambitious B2B goals, which is strategically important to us. Mr. Uhlmann has the necessary industry experience and know-how to optimally position Baader Bank for its customers in view of asset manager requirements,' stated Oliver Riedel regarding Marcel Uhlmann's new position.

In the past 12 months, Baader Bank has been able to increase the number of deposits held in the account-holding and depository business from 4,200 to 10,500, and the total depository volume by 150% to EUR 2.2 billion (half-year figures 2016/2017). Especially in digitalisation, Baader Bank sees impressive market potential and notable growth opportunities. In online asset management, companies such as Scalable, Solidvest by DJE, Werthstein, Investify, United Signals and others have already chosen Baader Bank as their account-holding and depository bank. In this respect, Baader Bank and its asset management customers benefit particularly from the bank's long-standing experience and market-leading position in IT and securities trading.

Further information is available from:
Baader Bank AG
Weihenstephaner Straße 4
85716 Unterschleißheim, Germany

Katharina Ariane Beyersdorfer
Senior Manager Group Management & Communication

T +49 89 5150 1016
F +49 89 5150 291016
M +49 172 6659 389

Katharina.Beyersdorfer@baaderbank.de
http://www.baaderbank.de

About Baader Bank AG:
Baader Bank AG is one of the leading investment banks serving customers across the German-speaking region. A family-run full-service bank with 450 employees with headquarters in Unterschleißheim near Munich, it offers services in market making, capital markets, institutional brokerage, asset management services, banking services and research.

In the banking services segment, Baader Bank AG is the leading service provider as a banking platform for all asset classes for fintech companies and robo-advisors.