German property lender Aareal appoints Christian Ricken as new CEO

Aareal Bank AG

09/04/2024 07:31

FRANKFURT, April 9 (Reuters) - Christian Ricken will
become the new chief executive officer of the German property
lender Aareal, the bank said on Tuesday, a move that comes as it
navigates a downturn in the real estate market.
    The banker will succeed current CEO Jochen Kloesges in
August.
    

 (Reporting by Tom Sims
Editing by Miranda Murray)
 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))