Former Erste boss Spalt becomes Commerzbank’s new risk director

Bernd Spalt, former head of the Austrian Erste Group Bank, will be head of risk at the Frankfurt DAX group from January 1, 2024 and will succeed Marcus Chromik in this position. As a former board member of Erste Group and Erste Bank Austria, Spalt has “many years of experience in all areas of risk management,” Commerzbank announced when the manager was appointed in September. From January 2020 to the end of June 2022, Spalt was CEO of Erste Group Bank AG.

His predecessor Chromik had been head of risk at Commerzbank since January 1, 2016. Chromik informed the Commerzbank supervisory board in July 2022 that he would fulfill his contract, which runs until the end of 2023, but would not accept a possible offer of an extension.

Spalt is not the first Commerzbank board member to have a career at the Austrian institute: Sabine Mlnarsky, head of human resources since January 2023, and Thomas Schaufler, head of private customers since the end of 2021, also previously worked at Erste Group Bank.

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