2024-05-27 01:40:34
Supervisor and former Postbank CEO Frank Strauß has died on the age of 54. Deutsche Financial institution reacted with dismay.
The previous Postbank boss Frank Strauß has died. Strauß died final week “out of the blue and unexpectedly” on the age of 54, Deutsche Financial institution introduced. The supervisor was CEO of Postbank for six years and, after the Bonn-based institute was built-in into Deutsche Financial institution’s personal buyer enterprise, was a member of the board of the biggest German financial institution for 2 years. A lawyer for the household, Matthias Prinz, mentioned Strauß had handed away peacefully. He leaves behind a spouse and two youngsters.
Frank Strauß spent a big a part of his skilled life within the Deutsche Financial institution Group. After coaching as a banker in Iserlohn, he got here to Frankfurt in 1995, the place he labored in varied administration positions at Deutsche Financial institution and its then subsidiary Deutsche Financial institution 24. In 2006, he took over the administration of the personal and enterprise buyer division within the German house market.
“Dismay and deep unhappiness”
In 2011, Strauß moved to Postbank as Chief Gross sales Officer and took over as CEO of the institute a yr later. From 2017 to 2019, he was a member of Deutsche Financial institution’s Govt Board and headed the Non-public and Company Banking division, initially along with Christian Stitching and, following his appointment as CEO in April 2018, alone.
“The far too early dying of Frank Strauß fills me, in addition to many colleagues at Deutsche Financial institution, with dismay and deep unhappiness,” Stitching was quoted as saying within the financial institution’s assertion. “In virtually 30 years at Deutsche Financial institution and Postbank, he made an awesome contribution, notably to our personal buyer enterprise.”