Joachim Faber

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Joachim Faber (born May 10, 1950 in Gießen ) is chairman of the supervisory board of Deutsche Börse and former chairman of the board of management of Allianz Asset Management . Since December 2019, Faber has been chairman of the board of trustees of the German Cancer Aid Foundation , the supervisory body of the organization founded by Mildred Scheel to combat the widespread disease cancer. In this honorary position, Faber succeeded Hans-Peter Krämer .

Life

Joachim Faber studied law at the Rheinische Friedrich-Wilhelms-Universität Bonn . He then did his doctorate as Dr. rer. publ. at the University of Administrative Sciences in Speyer with a research stay at the Sorbonne in Paris . From 1984 to 1997 he held various positions at Citicorp in Frankfurt am Main and London , and since 1994 he has headed Citicorp's capital markets business in Europe, North America and Japan. After moving to Allianz in 1997, he was initially CFO of Allianz Versicherungs-AG. In 2000 he took over the chairmanship of the board of management of Allianz Asset Management AG and moved up to the board of directors of Allianz SE . He became a member of the supervisory board of Deutsche Börse in 2009, and has been chairman of the supervisory board since May 2012, succeeding Manfred Gentz .

Under his leadership, the managed assets of the Allianz Asset Management division, founded in 1998, grew from 23 billion euros to around 1,500 billion euros at the end of 2010. At the end of 2010, Allianz Global Investors was after BlackRock with 2,654 billion euros and ahead of State Street with 1,491 billion euros the second largest asset manager in the world. With 2.1 billion euros, the division contributed almost a quarter to the operating result of Allianz SE. The reason for the strong growth was the acquisitions of the American bond fund manager PIMCO and Rosenberg Capital Management (RCM), one of the largest equity managers in the world. The purchase of PIMCO was viewed very critically by analysts and press representatives at the end of 1999, because during this time the stock markets reached record highs and, at 3.3 billion US dollars, the bond fund manager was offered the second-highest price ever paid for the takeover of an investment house is.

International and national tasks

Joachim Faber is involved in numerous national and international tasks. Among other things, he has been Chairman of the Shareholders' Committee of Joh. A. Benckiser SARL, Luxembourg, a member of the Board of HSBC Holding, London, a member of the Supervisory Board of Osram Licht AG and a member of the Board of Coty Inc. , New York, since 2011 . He is a member of the government commission on the German Corporate Governance Code and a member of the supervisory board of the ESMT European School of Management and Technology in Berlin . Faber has been a member of the Board of Trustees of Deutsche Krebshilfe and a member of the Board of Directors of the Wittelsbach Compensation Fund since 2015 . He was also Chairman of the Global Agenda Council on Insurance of the World Economic Forum from 2011 to 2012 .

Faber shares an office in Munich with Ann-Kristin Achleitner , Paul Achleitner , Michael Diekmann and Peter Löscher in Palais Preysing .

literature

Individual evidence

  1. ↑ a b Deutsche Börse : Newly elected Supervisory Board of Deutsche Börse AG. (No longer available online.) May 16, 2012, formerly in the original ; Retrieved May 21, 2012 .  ( Page no longer available , search in web archives )@1@ 2Template: Dead Link / deutsche-boerse.com
  2. ↑ https://www.krebshilfe.de/informieren/presse/pressemitteilungen/dr-joachim-faber-neuer-vorsitzender-des-stiftungsrats-der-deutschen-krebshilfe/ , accessed on December 21, 2019
  3. ↑ a b sustainability council.de: CV of Joachim Faber. (No longer available online.) Archived from the original on June 2, 2013 ; Retrieved June 5, 2013 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.nachhaltigkeitsrat.de
  4. ^ Allianz SE: Analysts' Conference (English). (PDF; 1.3 MB) (No longer available online.) February 25, 2011, archived from the original on September 11, 2011 ; Retrieved March 22, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.allianz.com
  5. ↑ faz.net : Blackrock buys fund business from Barclays. June 13, 2009, accessed June 5, 2013 .
  6. ↑ managermagazin.de : Allianz buys Pimco. November 1, 1999, accessed March 22, 2012 .
  7. ↑ Supervisory Board ESMT GmbH
  8. ↑ Accessed December 20, 2015
  9. ↑ Accessed on August 27, 2018
  10. ↑ Henning Peitsmeier and Klaus Max Smolka (May 22, 2017), The secret power center in Munich Frankfurter Allgemeine Zeitung .
personal data
SURNAME Faber, Joachim
BRIEF DESCRIPTION German manager
DATE OF BIRTH May 10, 1950
PLACE OF BIRTH to water