AG-Lagebericht für das Corporate News Dr Michael H. Wiedmann appointed Chairman of the Board of Managing Directors at IKB

[Düsseldorf, 5 January 2015] The Supervisory Board of IKB Deutsche Industriebank AG (IKB) named Dr Michael H. Wiedmann (49) Chairman of the Board of Managing Directors effective as of today. Dr Wiedmann has been a member of the Board of Managing Directors since March 2009, responsible
for Sales, Credit and Advisory Products, Industry Groups and Economic
Research.
Dr Wiedmann will replace Hans Jörg Schüttler, who has been Chairman of the
Board of Managing Directors at IKB since November 2008. Mr Schüttler will be leaving IKB at his own personal request and by mutual agreement with both the Supervisory Board and the Board of Managing Directors.
Bruno Scherrer, Chairman of the IKB Supervisory Board: "Over the past six years, Hans Jörg Schüttler has restructured IKB in what has been a very challenging environment and has adjusted the bank to the changed framework and economic conditions - as confirmed by the ECB Comprehensive Assessment. Today, IKB has a solid equity position, secured liquidity and a focused business model. The Supervisory Board of IKB would like to thank Mr Schüttler for his outstanding achievements and is convinced that Dr Wiedmann will successfully continue the development of the bank on this basis."

Contact:

Dr Jörg Chittka, tel.: +49 211 8221-4349;

Armin Baltzer, tel.: +49 211 8221-6236, e-mail: presse@ikb.de

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