KfW IPEX-Bank has announced the extension of Belgin Rudack's contract as CEO until the end of 2027. The decision was made jointly by KfW, as a shareholder, and the Board of Supervisory Directors. Under Rudack's leadership, the bank has reportedly achieved significant economic success despite challenging conditions.
Rudack has been instrumental in steering KfW IPEX-Bank towards becoming a major financier for clients transitioning to greenhouse gas neutrality. The bank plays a crucial role in bolstering Germany's economy by supporting investments in energy and digital infrastructure and ensuring raw material supply.
The Management Board is preparing for future challenges with Aida Welker set to succeed Andreas Ufer, alongside Claudia Schneider and Velibor Marjanovic as experienced managers. This strategic positioning aims to address upcoming market volatility and geopolitical shifts effectively.
Christiane Laibach, Chair of the Supervisory Board and Executive Board member of KfW Group, expressed confidence in the current leadership: "The coming years are set to be dominated by volatile global markets and changing geopolitical conditions. I am convinced that, under the Management Board's leadership, KfW IPEX-Bank will be able to make a valuable contribution to strengthening the German and European economy and will be able to build upon its previous successes. I am therefore delighted that Belgin Rudack will remain in her role at KfW IPEX-Bank as a committed CEO."
A photo of Belgin Rudack is available for reporting purposes from KfW's photo archive.