Michael Puschmann appointed Member of the Management Board

The Supervisory Board of Renell Wertpapierhandelsbank AG appointed Michael Puschmann as a Member of the Management Board with effect from June 23, 2022. He will form a dual leadership together with Board Member Andreas Leonhardt.

Marc Renell left the Company’s Management Board on the same date.

Michael Puschmann has been active in the financial sector since 1988. In addition to a Board Member Position at Finacor Rabe AG, he also worked for more than 11 years as Head of Bond Trading and authorized signatory at Baader Bank AG. He will be in charge of building up the Brokerage, Asset Management and Corporate Finance Market Divisions.

Andreas Leonhardt has been a Member of the Bank’s Management Board since July 2020 and is responsible for the Back Office. From 2003 to 2011, he headed the Finance Division at MainFirst Bank AG, after which he served as a Board Member of Bankhaus Main (until 2013).

Commenting on Michael Puschmann’s appointment, Supervisory Board Chairman Jan Liepe mentioned: “With the appointment of Michael Puschmann to the Management Board of Renell Bank, we are setting the course for sustainable growth in all business areas of the Bank.”

Renell Wertpapierhandelsbank AG, founded in 1985, is an independent, long-established and steadily growing Private Bank, in the past mainly active as a specialist on regional Stock Exchanges and in Corporate Finance.