BayernLB appoints Gero Bergmann to its Board of Management

Dr Edgar Zoller to retire after 12 successful years of Board of Management service

Munich - In its meeting today, BayernLB’s Supervisory Board appointed Mr Gero Bergmann to the Board of Management of the Bank. Bergmann, whose appointment is still subject to approval by the supervisory authority, will take responsibility for BayernLB’s real estate and savings bank business. Bergmann (50) will assume his new role by 1 May 2021 at the latest. He succeeds Dr Edgar Zoller on the Board of Management, who will retire when his contract expires at the end of April. He will be 64 years old.
Gero Bergmann is joining BayernLB from the Board of Management of BerlinHyp, where he has headed up the real estate business since 2011. The qualified banker and trained lawyer previously held various management positions in real estate at BerlinHyp.

“We are delighted to bring on board an extremely experienced real estate specialist in Gero Bergmann, who knows the national and international business from the bottom up and also has strong roots in the Savings Banks Finance Group,” commented Dr Wolf Schumacher, Chairman of the BayernLB Supervisory Board, on the personnel change. “We are confident that he will be a good fit with the Board of Management team led by Stephan Winkelmeier and will drive the Bank’s strategic realignment forward,” continued Schumacher.

At the same time, Schumacher expressed the sincere thanks and respect of the entire Supervisory Board to Edgar Zoller. “In his 12 years on the Board of Management, Edgar Zoller has represented BayernLB in an outstanding manner and played a major role in successfully repositioning the Bank. In addition to successes in the real estate sector, he has had a great impact on the Bank as the member of the Board of Management responsible for the savings banks business and deputy CEO,” said Schumacher.