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March 24, 2022: Souad Benkredda becomes a member of the Board of Managing Directors of DZ BANK AG

At its meeting today, the Supervisory Board of DZ BANK AG appointed Souad Benkredda to succeed Wolfgang Köhler, the member of the Board of Managing Directors responsible for Capital Markets business and Group Treasury. Wolfgang Köhler (62) will be entering the next phase of his life on 31 December 2022, after more than 40 years with the Cooperative Financial Network, including as a member of the Board of Managing Directors of DZ BANK since 2007. Souad Benkredda will join the Bank on 1 September 2022.

March 2, 2022: Preliminary results for 2021

DZ BANK Group reports a profit before taxes of €3.1 billion

• Customer business expanded and market position strengthened
• Results supported by developments in the capital markets
• Low level of loss allowances required thanks to stable economic conditions
• Capital adequacy remains at a healthy level, with a common equity Tier 1 capital ratio of 15.3 percent
• Scaling back of DVB Bank almost completed

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