Commerzbank and LGT new members of FMF – Change in the Board of Directors

Frankfurt am Main, 2 April 2025 – Commerzbank has become a new full member and LGT Bank has become a new supporting member of the Financial Marketplace Initiative Frankfurt Main Finance (FMF). Dr Bettina Orlopp, CEO of Commerzbank, has joined the FMF Board and Executive Committee as an additional member. In addition, Nurten Erdogan, Chief Financial Officer of ING Germany, took over the position from long-standing board member Nick Jue on the FMF board.

“Germany needs a strong financial centre that stands together and offers practical solutions to the economic challenges of our time”, says the CEO of Commerzbank Dr Bettina Orlopp. “It is clear that we need fundamental reforms so that private capital can also be mobilised to the extent that is sufficient for our future expenditure. With the re-establishment of the financial centre cabinet, initiated by Prime Minister Boris Rhein, and the bundling of various financial centre initiatives by Frankfurt Main Finance, a new power has been formed in the financial centre. As Commerzbank, we want to actively support and further promote this development. Frankfurt Main Finance plays a decisive role in this and contributes significantly to the strengthening and attractiveness of the financial centre. That is why I am very pleased that, after the last project-related cooperation, we as Commerzbank can now again participate as a member of Frankfurt Main Finance for the financial centre and that I will actively participate in the FMF Board and Executive Committee of Frankfurt Main Finance myself,” Dr Bettina Orlopp, CEO of Commerzbank, says.

Florian Dürselen, Head Private Banking, LGT Bank AG, says: “With our roots in the attractive banking and financial centre of Liechtenstein, we at LGT are well aware of the importance of such a locational advantages. Accordingly, LGT would like to strengthen the national and international profile of Frankfurt, Germany’s most important financial centre. As a bank, we benefit from a strong, innovative and competitive location through competent employees and our clients benefit from excellent services based on a high level of expertise. As part of the expansion of its private banking business in Germany, LGT is also strengthening its presence in the financial centre of Frankfurt as an important player among the leading international private banks. Thanks to Frankfurt Main Finance e.V., we are increasing our visibility in the financial community and at the same time contributing the value orientation and stability of the world’s largest family-owned private banking and asset management group.”

Nurten Erdogan, CFO of ING Germany, says: “As a new member of the Executive Board of Frankfurt Main Finance, I aim to further develop Frankfurt’s position as a leading national and international financial centre. ING Germany has deep roots in the city and, as a long-standing member of Frankfurt Main Finance, is part of a strong financial community that actively shapes the future of Frankfurt as a financial hub.“

Oliver Behrens, President of Frankfurt Main Finance, says: “I am delighted that the financial center is moving closer together and that Frankfurt Main Finance is gaining weight as the voice of the financial center with the two new members Commerzbank and LGT in order to be heard even better in the international concert. I see it as positive confirmation of our work as an association to be attractive to more and more players in the financial market. I am very much looking forward to working on the extended board and warmly welcome Nurten Erdogan, who is now representing ING in place of Nick Jue, who has left, as well as Dr. Bettina Orlopp from our new member Commerzbank.”