Bethmann Bank, which is about to merge with the Dutch parent company ABN Amro, has made the most important personnel decisions.

According to information from the FAZ, the management of Bethmann Bank, which will then only exist as a German branch of ABN Amro and as a brand, will in future consist of four people.

In addition to Germany boss Hans Hanegraaf and Michael Pleske (risk), Agnes Brelik is a new member of the management board.

Stefan Meine, as the fourth managing director, will be given new and expanded responsibilities.

Hanno Mussler

Editor in Business.

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With the integration into ABN Amro, the approximately 300-year-old Bethmann Bank, which will no longer have a board of directors in the future, not only reorganizes the tasks in the management committee.

Functions that Bethmann, as a bank specializing in wealth management, previously shared with ABN Amro's German corporate customer business will be streamlined.

Around 680 people currently work at Bethmann, around 80 of whom are already working for ABN Amro at the same time.

A further 140 people work exclusively for ABN Amro's German corporate customer business.

For her new role as Product Manager of Wealth Management under the name Bethmann, 45-year-old Agnes Brelik is giving up the position of Chief Financial Officer of ABN Amro Germany, which she has held since 2016.

A controller by training, after positions at Postbank and DVB Bank in 2006, Brelik made a name for herself at Bethmann Bank, where she was in charge of important projects such as the purchase of the Liechtenstein LGT Bank in 2011 and the private customer business of Credit Suisse in 2014 did.

Since 2020, she has been part of the extended management as Bethmann's general representative and has prepared the merger with the Dutch parent company.

Bethmann submitted the application three years ago

It is now clear that, in addition to the statutory deposit insurance of up to 100,000 euros that will be regulated in Holland in the future, every Bethmann customer also has deposit protection of around 60 million euros.

In addition, the merger creates uncertainty that Brelik knows how to eliminate: Since ABN Amro is taking over the full legal successor and thus all contracts of Bethmann Bank, the jurisdiction will remain in Frankfurt even after integration into the ABN Amro Group.

In addition to Hanegraaf, Stefan Meine has been shaping the face of ABN Amro in Germany since 2017 - for a long time, however, as head of corporate customer business, which was largely managed separately from Bethmann.

The aim of the merger of Bethmann is a closer dovetailing of the upmarket private customer business with this corporate customer business.

In anticipation of this, Meine became a member of the Bethmann management board in 2021, albeit previously as product manager, a responsibility that he is now handing over to Brelik.

Instead, the 50-year-old will become Meinekundenchef and thus sales manager, a position that had been vacant since the spring of 2022 when Nicolas von Loeper left the Family Office Dohle.

In addition, Meine will retain a dual role by remaining responsible for servicing ABN Amro's key accounts as Vice Chairman.

His previous position as Germany head of corporate customer business will not be filled, the responsibilities will be transferred to the four division heads, who will no longer report to Meine but directly to ABN Amro Germany boss Hanegraaf.