Michael Klaus, personally liable partner of B. Metzler seel. Sohn & Co. KGaA and a member of the Executive Board of B. Metzler seel. Sohn & Co. Holding AG, will leave the bank by amicable mutual agreement on 31 March 2020.
Christoph Schücking, chairman of the Supervisory Board, said: "Since the early 1990s, Klaus has played a significant role in shaping the successful development of our bank and we are very grateful to him."
Emmerich Müller, speaking for the entire Partners' Committee, added: "His ability to identify opportunities in the capital markets at an early stage helped Metzler to establish a strong position in promising growth areas - most recently with proprietary currency management models."
Klaus joined Metzler Bank in 1991, beginning his career in sales of structured equity and bond products. From 1993 to 1995, he headed the DTB Market Making department. Later he served as market risk-controller for the entire Metzler Group and became head of Metzler's Treasury Committee in 1998. In 2001, he was promoted to head of Metzler's Financial Markets unit (which merged with the Equities department to form the Capital Markets unit in 2014). He later also took on responsibility for Metzler's Human Resources and Corporate Communications departments - as well as for Metzler's real estate business in North America.
He became a member of Metzler's Partners' Committee in 2005. In 2012, he became a member of the Executive Board of B. Metzler seel. Sohn & Co. Holding AG and a personally liable partner of B. Metzler seel. Sohn & Co. KGaA.Michael Klaus has represented Metzler on several committees. He was deputy chairman of the Employers' Association for the private banking industry, a member of the Supervisory Board at BVV Versicherungsverein des Bankgewerbes as well as a member of the Exchange Council of the Frankfurt Stock Exchange and Eurex.