Dr. Jan Holthusen (57) will succeed Stefan Bielmeier as Head of the Research and Economics Division of DZ BANK on January 1, 2021. Stefan Bielmeier will join the Board of Managing Directors of DZ PRIVATBANK at the turn of the year. Up until now, Jan Holthusen has headed the Fixed Income department and in his new role, he will be responsible for the strategic direction of the division and for all DZ BANK's economic and financial market forecasts.

Dr. Michael Holstein (55) will take over the position of Chief Economist at DZ BANK. As Head of the Economics Department, he and his team produce economic forecasts, sector analyses, economic policy analyses and opinion contributions.

DZ BANK's research is extremely important for the cooperative banks when advising their customers. Numerous awards and broad public awareness are proof of the high quality of the work performed each day by a team of around 85 analysts in the Research division. "Jan Holthusen and Michael Holstein have stood for our successful research for many years now. With their professional and personal profiles, they will open up good prospects in the future constellation for the further development of the division - both internally and externally," says Uwe Fröhlich, Co-Chief Executive Officer of DZ BANK.