DGAP-News: IKB Deutsche Industriebank AG

DGAP-News: IKB Deutsche Industriebank AG: IKB Supervisory Board elects Karl-Gerhard Eick as Chairman

DGAP-News: IKB Deutsche Industriebank AG / Key word(s): Change of Personnel IKB Deutsche Industriebank AG: IKB Supervisory Board elects Karl-Gerhard Eick as Chairman

03.12.2015 / 17:30 The issuer is solely responsible for the content of this announcement.

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IKB Supervisory Board elects Karl-Gerhard Eick as Chairman

[Düsseldorf, 3 December 2015] At its regular meeting today, the Supervisory Board of IKB Deutsche Industriebank AG (IKB) elected Dr Karl-Gerhard Eick as its Chairman. Dr Karl-Gerhard Eick takes over as Chairman from Bruno Scherrer. Dr Claus Nolting was elected as Deputy Chairman.

Bruno Scherrer had been the Chairman of the IKB Supervisory Board since Lone Star acquired its majority interest in IKB in October 2008. During this time, he supported the successful restructuring of the Bank following the financial crisis. As part of its restructuring, IKB reduced material risks, established a solid equity position, secured its liquidity, and focused its business model on Mittelstand companies. IKB is now reporting positive results for the third consecutive year, successfully passed the 2014 ECB test in all respects, and has improved its capital ratios further in the meantime.

This change in the Supervisory Board chair marks the end of the Bank's restructuring phase and opens the way to a strengthened redeployment of its business activities. Bruno Scherrer: "With Dr Karl-Gerhard Eick, the Chairmanship of the IKB Supervisory Board is being taken over by a proven expert in financial and industrial matters with a background spanning a wide range of sectors (including a number of years as CFO at Deutsche Telekom and as a member of the Supervisory Board at Deutsche Bank). He will build on this extensive experience to provide important impetus for the Bank's continued development."

Contact: Dr Jörg Chittka, tel.: +49 211 8221-4349; Armin Baltzer, tel.: +49 211 8221-6236, e-mail: presse@ikb.de

IKB Deutsche Industriebank AG supports medium-sized enterprises in Germany and Europe with loans, risk management, capital market services and advisory services.

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03.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English Company: IKB Deutsche Industriebank AG Wilhelm-Bötzkes-Straße 1 40474 Düsseldorf Germany Phone: +49 (0)211 8221-4511 Fax: +49 (0)211 8221-2511 E-mail: investor.relations@ikb.de Internet: www.ikb.de ISIN: DE0008063306 WKN: 806330 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------

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