Germany´s largest listed company IVG Immobilien has appointed Hans Volkert Volckens as chief financial officer (CFO) and Christian Kühni as chief operating officer (COO).
Germany´s largest listed company IVG Immobilien has appointed Hans Volkert Volckens as chief financial officer (CFO) and Christian Kühni as chief operating officer (COO).
Both will join the management board alongside Wolfgang Schäfers who takes over the role of CEO on 1 November 2011 from Gerhard Niesslein. As announced earlier, Niesslein is leaving the company when his contract expires on 31 October 2011.
Volckens qualified as a lawyer in 1999 and as a tax consultant in 2002, and worked as an equity partner and head of the tax and funds department of Beiten Burkhardt Rechtsanwaltsgesellschaft and as managing director of Hannover Leasing. In spring 2011, he was appointed to the Board of Management of IC Immobilien Holding, where he is responsible for the corporate functions in particular.
In his role as COO, Kühni will be responsible for IVG’s operating units. Kühni has decades of experience in the real estate and financial sector, most recently as Managing Director for Product Development & Fund Management at Wealth Management Capital Holding, a subsidiary of the Unicredit Group. He has also held management positions at HypoVereinsbank, Sanofi-Aventis and ABB Immobilien and positions in the area of finance, at ABB Credit , BP Oil International and a company which is now part of the Royal Bank of Canada.
The Supervisory Board has also appointed Guido Piñol (IVG Investment), Bernhard Berg (IVG Institutional Funds) and Peter Forster (IVG Asset Management ) as Group executive managers. ´Together with the new board of management team, they will push forward energetically on the restructuring path that IVG has chosen,´ the company said in a press release.
IVG Immobilien manages assets worth some EUR 22 bn and has 580 employees in 19 selected major German and European cities.
