Corporate governance: Governing bodies and principles
As a Landesbank we are an institution established under public law. The Bayerische Landesbank Act provides for a clear separation of management and supervisory structures.
Our governing bodies
- The Board of Management currently consists of six people and runs the Bank's business. In organisational terms, sustainability management falls under the area of responsibility of the CEO.
- The Supervisory Board consists of 11 members. There are ten shareholder representatives and one employee representative.
- The General Meeting is a meeting of shareholders that takes decisions on basic issues.
Our corporate governance principles
Our corporate governance rules and control are largely based on the German Corporate Governance Code, to the extent that this can be meaningfully applied to an unlisted company under public law that has only two, indirect shareholders. Our rules go beyond the requirements of the German Corporate Governance Code in a number of areas.