Jürgen Junker will join the firm's executive board in April 2016 and take over as CEO in 2017. Wüstenrot & Württembergische AG said Dec. 10 that Jürgen Junker will become a member of the firm's executive board in April 2016 for a period of five years.

Junker is expected to take the role of CEO in 2017 after a familiarization and transitional phase. He will replace Alexander Erdland, who is expected to resign as executive board CEO at the same time.