Commerzbank WM appoints sales head

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Commerzbank announced the appointment of Stefanie Pietsch as the head of sales management team in wealth management in Frankfurt. The 20-strong team supports the Wealth Management distribution in Germany throughout the customer acquisition through customer events and the provision of consultation and consulting documents.

Pietsch will lead the team in the future and will further develop Wealth Management with regard to its digitisation and the strategy “Commerzbank 4.0”.

Until now Pietsch was responsible for the business with Wealth Management, private and business customers in the region from Mainz to Trier. She had entered the post in April 2015. Prior to this, she had been responsible for sales support for Wealth Management for two years as director and member of the Executive Board. Pietsch has been working at Commerzbank since 2000. At that time, she joined Commerzbank in Luxembourg, where she was involved in portfolio management and the management of private banking and wealth management.

Commerzbank Wealth Management is responsible for wealthy customers in 106 locations in Germany. According to own data, it is about 160,000 customers with approximately €85.5bn assets under control.