Curriculum Vitae Georg Fahrenschon Born on 8 February 1968 in Munich, Married, Two Daughters Studied Business Management And

Total Page:16

File Type:pdf, Size:1020Kb

Curriculum Vitae Georg Fahrenschon Born on 8 February 1968 in Munich, Married, Two Daughters Studied Business Management And Curriculum Vitae Georg Fahrenschon Born on 8 February 1968 in Munich, married, two daughters 1999 Studied business management and economics at Munich and Augsburg University, graduating as a Diplomökonom (Economist). 1999 – 2000 Business consultant and division manager at the arf-Gesellschaft für Organisationsberatung mbH, Nurnberg. 2000 – 2002 Project and organisational consultant at the Bavarian regional bank BayernLB Manager of the Risk and Controlling Division, Munich 2002 – 2007 Member of the German Bundestag 2002 – 2007 Member of the Finance Committee 2002 – 2007 Member of the Budget Committee 2007 – 2008 State Secretary in the Bavarian State Ministry of Finance, Munich 2008 – 2011 Bavarian State Ministry of Finance 2011 – 2012 Member of the Bavarian Parliament Since 16 May 2012 President of the German Savings Banks Association (DSGV), Berlin Chairman of the Administrative Board, DekaBank Deutsche Girozentrale 2 Chairman of the Board of Trustees, Sparkassenstiftung für internationale Kooperation e.V., Chairman of the Board of Trustees and Advisory Board, Schloss Neuhardenberg GmbH Foundation, Chairman of the University Council, Sparkassen-Finanzgruppe University of Applied Sciences Management Board Member of the German Association of Public Banks As of June 2012 also Supervisory Board Chairman, Berliner Sparkasse/LBBH Vice-President of the European Savings Banks Group (ESBG) As of June 2012 also Advisory Board Member of the KfW Bankengruppe As of September 2012 also Member of the Supervisory Board and Owners' Assembly of the Landesbank Hessen-Thüringen Girozentrale As of March 2013 Chairman of the Supervisory Board, Deutsche Sparkassen Leasing Verwaltungs AG and Deputy Chairman of the Supervisory Board, Deutsche Leasing AG As of November 2013 Chairman of the Supervisory Board, Berlin Hyp AG As of October 2015 Supervisory Board Member, Deutsche Sparkassen Leasing AG Honorary posts Member of the Board, Association for the Promotion of Science and Humanities in Germany Member of the Association of Arts and Culture of the German Economy, Federation of German Industries Member of the Foundation Council and Board of Trustees, Deutsche Sporthilfe Also serves on Board of Trustees of various other social and cultural institutions .
Recommended publications
  • German Divergence in the Construction of the European Banking Union
    The End of Bilateralism in Europe? An Interest-Based Account of Franco- German Divergence in the Construction of the European Banking Union Honorable Mention, 2019 John Dunlop Thesis Prize Christina Neckermann May 2019 M-RCBG Associate Working Paper Series | No. 119 The views expressed in the M-RCBG Associate Working Paper Series are those of the author(s) and do not necessarily reflect those of the Mossavar-Rahmani Center for Business & Government or of Harvard University. The papers in this series have not undergone formal review and approval; they are presented to elicit feedback and to encourage debate on important public policy challenges. Copyright belongs to the author(s). Papers may be downloaded for personal use only. Mossavar-Rahmani Center for Business & Government Weil Hall | Harvard Kennedy School | www.hks.harvard.edu/mrcbg The End of Bilateralism in Europe?: An Interest-Based Account of Franco-German Divergence in the Construction of the European Banking Union A thesis presented by Christina Neckermann Presented to the Department of Government in partial fulfillment of the requirements for the degree with honors Harvard College March 2019 Table of Contents Chapter I: Introduction 3 Statement of question and motivation - 3 Banking Union in the era of postcrisis financial reforms - 6 Outline of content and argument - 11 Chapter II: Theoretical Approach 13 Review of related literature - 13 Proposed theoretical framework - 19 Implications in the present case - 21 Methodology - 26 Chapter III: Overview of National Banking Sectors
    [Show full text]
  • Copyrighted Material
    Index Ahern, Bertie, 54 Bank of America: Allied Irish Bank, 55, 56, 57, 61, acquisitions, 85–86, 88, 95, 127 62, 94 bad banks, 92–93 Almunia, Joaquín, 41, 42, 43, 46 capital ratio, 90, 91 Alpert, Daniel, 102, 123 Countrywide Financial, acquisition of, 85, Alwaleed bin Tahal, Prince, 83–84 86 American Bankers Association, 89 credit rating uplift, 6, 9, 86 Andersen, Gunnar T., 70, 71 derivative holdings, 127, 128 Anglo Irish Bank: Europe, exposure to, 154 Burton and, 57 job cuts, 119 capital injections by government, 62 Merrill Lynch, acquisition of, 85–86, 88, condition of, 56, 57 95 developers, loans to, 54–55 mortgage-backed securities, 122, 123, winding down of, 58, 61, 75, 135 154 Arion Banki, 75–76 mortgage servicing, 115, 116, 119, 121 Árnason, Árni Páll, 73, 75 price-to-book ratio, 93–94 Assets, synthetic, 35–36, 39, 41 rescue of, 99 Austerity measures: Safe Banking Act and, 107 Greece, 49–50 second liens and revolving credit, 115, Ireland, 49–50, 52–53, 66 116 PIGS (Portugal, Ireland, Greece, and size of, 146 Spain), 27–28, 73 subsidiaries, 94–95 TARP fund repayment, 100 Bad banks, 92–93 Bank of Ireland, 55, 56, 57, 61, 62, 139 Bair, Sheila. See also Federal Deposit Bank of Japan, 18, 19 Insurance Corporation (FDIC) Bank of New York Mellon, 103 bank-holding companies, 98 Bank of Spain, 30 bank liabilities blanket guarantee proposal, Bank One, 108 81–82, 83 Barclays, 111, 141 banks, return of cash by, 92 Barroso, José Manuel, 58, 59 capital rules, 90 Basel Committee on Banking Supervision, derivatives, 127–128 28, 44, 140–141 Dodd-Frank
    [Show full text]
  • Really Blocking a Banking Union? Germany’S Reluctance Towards Pan-European Banking Resolution
    Name Annika Maria Petra Stahlhut University 1 University of Twente Enschede Universiteit Twente, UT UT Faculty School of Management & Governance UT Supervisor Dr. Shawn Donnelly UT Diploma MSc European Studies University 2 Westfälische Wilhelms-Universität Münster WWU Faculty Institut für Politikwissenschaft WWU Supervisor Prof. Dr. Oliver Treib WWU Diploma MA European Studies Start of Thesis March 1st, 2014 End of Thesis June 21st, 2014 MASTERTHESIS EUROPEAN STUDIES Really Blocking a Banking Union? Germany’s Reluctance Towards pan-European Banking Resolution by Annika Stahlhut (June 2014) Abstract In the recent two years the European Banking Union has been a chief project in European financial integration. Apart from European banking supervision and attempts to integrate deposit insurance on EU-level the member states have agreed to also harmonize the resolution of banks: A Single Resolution Mechanism (SRM) seeks to protect taxpayers in Europe from assuming the costs of resolution and to maintain financial stabilty in the internal market when banks are wound up. Although states have therefor charged the Commission to develop a common policy for banking resolution, Germany gains particular attention in European negotiations for objecting to the regulation establishing a single framework. Newspapers report that the German finance minister has announced to block the resolution mechanism (Schäfers, 2014, January 21), for which he is criticized sharply – even by parties on domestic level. It therefore seems as if domestic opinions on European banking resolution depart substantially wherefore the German position appears worth for an in-depth study. To this end European integration of banking resolution is embedded into the theoretical framework of liberal intergovernmentalism that provides for a liberal theory on national preference formation.
    [Show full text]
  • [ Bayernlb | Group Financial Report ] 30 September 2010
    [ BayernLB | Group Financial report ] 30 September 2010 < 2 [ Contents ] b ayernl . Group Financial report – 30 September 2010 ›› Contents 3 > 4 Foreword 6 BayernLB Group at a glance as at 30 September 2010 8 Business performance as at 30 September 2010 8 Earnings 10 Banking supervisory capital and ratios 10 Net assets and financial position 12 BayernLB in a process of transformation 13 Segment reporting 17 Outlook 18 Administrative bodies of BayernLB n ote: this Group financial report as at 30 September 2010 has been prepared with great care. the information is presented voluntarily for our customers and the public. the report does not contain all the information and data required under iaS 34 (interim Financial reporting) nor does it fully comply with the disclosure and valuation standards of iFrS. the results have not been audited or reviewed for correctness. b ayernl . Group Financial report – 30 September 2010 < 4 Foreword i n the first nine months of 2010, bayernlb posted earnings before taxes of eur 669 million. this was an increase of four percent on the previous year period and is therefore in line with our forecasts. contributing to this with satisfactory results in all segments was the third quarter of 2010, which closed with earnings before taxes of eur 115 million and operating earnings of eur 125 million. our regained earnings power puts us in a position to absorb even one-off charges, such as the high banking levy in Hungary (eur 38 million) and charges for writing down the present value of our hybrid capital instruments (eur 81 million).
    [Show full text]
  • Form 18-K/A Amendment No. 4 Annual Report
    Form 18 -K/A Page 1 of 45 18 -K/A 1 d905133d18ka.htm FORM 18 -K/A Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 18-K/A For Foreign Governments and Political Subdivisions Thereof AMENDMENT NO. 4 to ANNUAL REPORT of KfW (Name of Registrant) Date of end of last fiscal year: December 31, 2013 SECURITIES REGISTERED (As of the close of the fiscal year)* AMOUNT AS TO WHICH REGISTRATION IS NAMES OF EXCHANGES ON TITLE OF ISSUE EFFECTIVE WHICH REGISTERED N/A N/A N/A * The registrant files annual reports on Form 18 -K on a voluntary basis. Name and address of person authorized to receive notices and communications from the Securities and Exchange Commission: KRYSTIAN CZERNIECKI Sullivan & Cromwell LLP Neue Mainzer Strasse 52 60311 Frankfurt am Main, Germany http://www.sec.gov/Archives/edgar/data/821533/000119312515132502/d905133d18k ... 23/ 04/ 2015 Form 18 -K/A Page 2 of 45 Table of Contents The undersigned registrant hereby amends its Annual Report on Form 18-K for the fiscal year ended December 31, 2013, as subsequently amended, as follows: - Exhibit (d) is hereby amended by adding the text under the caption “Presentation of Financial and Other Information ” on page 1 hereof to the “Presentation of Financial and Other Information ” section; - Exhibit (d) is hereby amended by adding the text under the caption “Exchange Rate Information” on page 1 hereof to the “Exchange Rate Information ” section; - Exhibit (d) is hereby amended by replacing the text in the “Recent Developments —The Federal Republic of Germany—Overview
    [Show full text]
  • Fitch Affirms Helaba's, Bayernlb's and HVB's Public Sector Pfandbriefe at 'AAA', Outlook Stable
    12/4/2020 Fitch Affirms Helaba's, BayernLB's and HVB's Public Sector Pfandbriefe at 'AAA', Outlook Stable RATING ACTION COMMENTARY Fitch Afrms Helaba's, BayernLB's and HVB's Public Sector Pfandbriefe at 'AAA', Outlook Stable Thu 03 Dec, 2020 - 2:39 PM ET Fitch Ratings - Frankfurt am Main - 03 Dec 2020: Fitch Ratings has afrmed Landesbank Hessen-Thueringen Girozentrale's (Helaba; A+/Negative/F1+), Bayerische Landesbank's (BayernLB; A-/Negative/F1) and UniCredit Bank AG's (HVB; BBB/Negative/F2) public sector Pfandbriefe at 'AAA' with Stable Outlooks. The afrmations follow the update of Fitch's Covered Bonds and CDOs Public Entities Asset Analysis Criteria published on 16 October 2020. KEY RATING DRIVERS The 'AAA' rating of Helaba's public sector Pfandbriefe is based on the bank's Long-Term Issuer Default Rating (IDR) of 'A+', the various uplifts above the IDR granted to the programme and the overcollaterialisation (OC) protection for Pfandbriefe holders. The public sector Pfandbriefe are rated four notches above the bank's Long-Term IDR. This is out of a maximum achievable uplift of nine notches, consisting of a resolution uplift of two notches, a payment continuity uplift (PCU) of ve notches and a recovery uplift of two notches. As the 'AAA' rating is based on a recovery only basis we did not test for timely payments in our cash ow model. https://www.fitchratings.com/research/structured-finance/covered-bonds/fitch-affirms-helaba-s-bayernlb-hvb-public-sector-pfandbriefe-at-aaa-outl… 1/11 12/4/2020 Fitch Affirms Helaba's, BayernLB's and HVB's Public Sector Pfandbriefe at 'AAA', Outlook Stable The 'AAA' rating of BayernLB's public sector Pfandbriefe is based on the bank's Long- Term IDR of 'A-' and the various uplifts above the IDR granted to the programme.
    [Show full text]
  • Report of the Board of Supervisory Directors (PDF, 73 KB, Non
    Report of the Board of Supervisory Directors Meetings of the Board of Supervisory Directors The Board of Supervisory Directors and its committees con- stantly monitored the conduct of KfW’s business activities and the management of its assets. It has taken the necessary decisions on the provision of financing and the conduct of other business in accordance with the conditions set forth in the KfW Law and Bylaws. The Board of Supervisory Directors and the Audit Committee each met three times in 2017 for this purpose; the Presidial and Nomination Committee five times, the Remuneration Committee four times and the Risk and Credit Committee seven times. Peter Altmaier, Federal Minister for Economic Affairs and Energy At the meetings, the Board of Supervisory Directors acknow­­ ledged the information provided by the Executive Board on – KfW’s 2016 annual and consolidated financial statements, – the business activities and current developments in each of KfW’s business sectors, including KFW IPEX-Bank GmbH and DEG, – the group’s net assets, earnings position and risk situation in general, particularly sensitive areas such as the ship port- folio, as well as political risks, including any implications of the United Kingdom’s decision to leave the EU, – the significance of digitalisation for KfW and its activities to harness the arising opportunities, – banking supervisory issues relating to KfW, current consulta- tions with the banking supervisory authorities, in particular on compliance with regulatory capital requirements, audits completed and ongoing, the resulting measures, as well as potential effects of future regulatory changes, – the current status of the major projects portfolio, particularly concerning the progress in renewing the financial architecture (including the “SAPFin project”), – the modernisation and reorientation of the IT landscape, as well as improvement measures relating to payment trans- actions given the deficits identified in these areas, – business and risk strategies, the group IT strategy, and KfW’s IT strategy for 2018.
    [Show full text]
  • Merkel Hoch Zwei
    Deutschland CSU-Politikerin Aigner „Ungeklärte Verhältnisse“ sich die CSU ausgerechnet beim Agrar - ressort aus der Verantwortung. Auch für Aigner ist der Wechsel das Ergebnis kühler Kalkulation. Sie weiß, dass ihre Chancen 2013 in München weit besser sind als in Berlin. In München winkt ein Kabinettsposten und womög - L E lich weit mehr. In Berlin dagegen ist nicht G E I P S sicher, wer aus der CSU-Ministerriege sei - R E D nen Job in einer möglichen Großen Koa - / L E I lition retten würde. Sollte die Union gar H T N in der Opposition landen, müssten sich A I T S I die Berliner CSU-Spitzen um den letzten R H C attraktiven Posten balgen, den die Christ - sozialen in der Hauptstadt zu vergeben Auch die CDU fremdelte anfangs mit haben – den des Landesgruppenchefs. UNION Angela Merkel, die nur selten mit ihrem Kein Wunder, dass sich Aigner Anfang zweiten Ehemann Joachim Sauer auftritt. September für den Wechsel entschied. Für so manchen Christsozialen wäre eine Die Ministerin tourte gerade dienstlich Merkel unverheiratete Parteichefin Aigner ein durch Argentinien, als sie ihren Tross an Fall Merkel hoch zwei. Unkonventionelle einer Tankstelle halten ließ, um Seehofer Lebenswege können in der CSU gefähr - auf dem Handy anzufunken. „Horst, ich hoch zwei lich werden. Parteimitglieder erinnern mach das“, sagte sie; öffentlich wurde der sich gut, wie einst Geschichten über Theo Deal erst zwei Wochen später. Der geplante Wechsel von Waigels Beziehung zur Skifahrerin Irene Nun ist Aigner Favoritin in einem un - Ministerin Aigner nach Bayern wirft Epple oder Seehofers uneheliches Kind gewöhnlichen Machtkampf, in dem es in der CSU eine neue Frauen- lanciert wurden, um den Betroffenen zu nicht nur um politische Kompetenz, son - schaden.
    [Show full text]
  • Fitch Places German and Austrian Banks Under Criteria Observation
    3/4/2020 Press Release Fitch Places German and Austrian Banks Under Criteria Observation Fitch Ratings - Frankfurt am Main - 04 March 2020: Fitch Ratings has placed Austrian and German banks' Long-Term (LT) Issuer Default Ratings (IDRs), Derivative Counterparty Ratings (DCR), debt ratings and Deposit Ratings under criteria observation (UCO). The rating actions follow the publication on 28 February 2020 of Fitch's updated bank and non-bank financial institution rating criteria that include changes to the way the agency notches senior and junior ratings from their IDR or Viability Rating (VR) anchors. The updated criteria better reflect continuing developments in bank resolution, notably developments in bank resolution plans, the build-up of 'bail-in' debt buffers that protect more senior creditors and their implication for default risk and recovery prospects for senior and junior liability classes. Fitch has also reduced the base case notching for non-performance on additional tier 1 (AT1) instruments, narrowing the relative gap between Tier 2 and AT1 instruments where Fitch has reappraised its baseline treatment of non- performance risk. Ratings designated as being UCO will be reviewed and resolved as soon as practical and in any case within six months. Key Rating Drivers Fitch has placed UCO the IDRs, DCRs, senior debt, deposit, subordinated debt and hybrid debt ratings of the various issuers as outlined in the rating sensitivities section below. The rating actions reflect the possibility that these ratings will be upgraded or downgraded as a result of the publication of our new Bank Rating Criteria on 28 February 2020, as outlined in more detail in the Rating Sensitivities section of this rating action commentary.
    [Show full text]
  • Finanzgruppe Deutscher Sparkassen- Und Giroverband
    Finanzgruppe Deutscher Sparkassen- und Giroverband Statement by Georg Fahrenschon President of the German Savings Banks Association Delivered on the occasion of the “100th Anniversary of the Norwegian Savings Banks Association” on the topic of “With the future in our hands – Savings Banks in tomorrow’s economies” 26 September 2014, Oslo Check against delivery Deutscher Sparkassen- und Giroverband Charlottenstrasse 47 10117 Berlin 100th Anniversary of Norwegian Savings Banks Association Dear Mr Andenaes, Ladies and Gentlemen, I’m very pleased to be here with you to celebrate the “100th Anniversary of the Savings Banks Association in Norway”. I would like to offer the warmest congratulations on behalf of the Savings Banks Finance Group in Germany, which is made up of 417 independent local savings banks, seven Landesbank groups and our associated companies: the securities firm DekaBank, the public primary insurance groups, regional building societies (the Landesbausparkassen), Deutsche Leasing and many others. All in all, 600 institutions with around 350,000 employees who support roughly 50 million customers. 2 100th Anniversary of Norwegian Savings Banks Association The Sparebankforeningen I Norge is very active in Brussels and in the European Savings Banks Group. Your relationship with the DSGV, the German Savings Banks Association, is characterised by close cooperation in a spirit of trust: Recently, we welcomed a delegation of your Association as our guests for talks with the DSGV. In the past few years, many executive board members of Norwegian savings banks have come to see us. Some of them may be here in the audience today. Today, I have come to visit you.
    [Show full text]
  • Bayernlb Date: 27/04/2020 Issue Date: 09-04-2020 Maturity Date: 09-10-2030 Tenor: 10.5
    Green Bond Fact Sheet BayernLB Date: 27/04/2020 Issue date: 09-04-2020 Maturity date: 09-10-2030 Tenor: 10.5 Issuer name BayernLB Amount issued EUR50m/USD56m Country of risk Germany CBI Database Included Issuer type1 Government-Backed Bond type Sr Non Preferred Entity Green bond framework Link to Framework Second party opinion ISS-oekom Certification Standard Not certified Assurance report N/A Certification verifier N/A Green bond rating N/A Use of Proceeds ☒ Energy ☒ Solar ☐ Tidal ☐ Energy storage ☒ Onshore wind ☐ Biofuels ☐ Energy performance ☒ Offshore wind ☐ Bioenergy ☐ Infrastructure ☐ Geothermal ☐ District heating ☐ Industry: components ☐ Hydro ☐ Electricity grid ☐ Adaptation & resilience ☒ Buildings ☒ Certified Buildings ☐ Water performance ☐ Industry: components ☐ HVAC systems ☐ Energy storage/meters ☐ Adaptation & resilience ☒ Energy ☐ Other energy related performance ☒ Transport ☐ Electric vehicles ☐ Freight rolling stock ☐ Transport logistics ☐ Low emission ☐ Coach / public bus ☒ Infrastructure vehicles ☐ Bicycle infrastructure ☐ Industry: components ☐ Bus rapid transit ☐ Energy performance ☐ Adaptation & resilience ☒ Passenger trains ☒ Urban rail ☐ Water & wastewater ☐ Water distribution ☐ Storm water mgmt ☐ Infrastructure ☐ Water treatment ☐ Flood protection ☐ Industry: components ☐ Wastewater ☐ Desalinisation plants ☐ Adaptation & resilience treatment ☐ Erosion control ☐ Water storage ☐ Energy performance ☐ Waste management ☐ Recycling ☐ Landfill, energy capture ☐ Waste to energy ☐ Waste prevention ☐ Energy performance ☐
    [Show full text]
  • Deutscher Bundestag
    Plenarprotokoll 15/34 Deutscher Bundestag Stenografischer Bericht 34. Sitzung Berlin, Mittwoch, den 19. März 2003 Inhalt: Änderung und Erweiterung der Tagesordnung 2701 A Dr. Angela Merkel CDU/CSU . 2740 C Nachträgliche Ausschussüberweisungen . 2701 D Gerhard Rübenkönig SPD . 2741 B Steffen Kampeter CDU/CSU . 2743 D Tagesordnungspunkt I: Petra Pau fraktionslos . 2746 D Zweite Beratung des von der Bundesregie- Dr. Christina Weiss, Staatsministerin BK . 2748 A rung eingebrachten Entwurfs eines Geset- Dr. Norbert Lammert CDU/CSU . 2749 C zes über die Feststellung des Bundeshaus- haltsplans für das Haushaltsjahr 2003 Günter Nooke CDU/CSU . 2750 A (Haushaltsgesetz 2003) Petra-Evelyne Merkel SPD . 2751 D (Drucksachen 15/150, 15/402) . 2702 B Jens Spahn CDU/CSU . 2753 D 13. Einzelplan 04 Namentliche Abstimmung . 2756 A Bundeskanzler und Bundeskanzleramt Ergebnis . 2756 A (Drucksachen 15/554, 15/572) . 2702 B Michael Glos CDU/CSU . 2702 C 19. a) Einzelplan 15 Franz Müntefering SPD . 2708 A Bundesministerium für Gesundheit und Soziale Sicherung Wolfgang Bosbach CDU/CSU . 2713 A (Drucksachen 15/563, 15/572) . 2758 B Franz Müntefering SPD . 2713 D Dr. Guido Westerwelle FDP . 2714 C b) Erste Beratung des von den Fraktionen der SPD und des BÜNDNISSES 90/ Otto Schily SPD . 2718 B DIE GRÜNEN eingebrachten Ent- Hans-Christian Ströbele BÜNDNIS 90/ wurfs eines Gesetzes zur Änderung der DIE GRÜNEN . 2719 A Vorschriften zum diagnoseorientierten Fallpauschalensystem für Kranken- Dr. Guido Westerwelle FDP . 2719 C häuser – Fallpauschalenänderungs- Krista Sager BÜNDNIS 90/DIE GRÜNEN 2720 C gesetz (FPÄndG) (Drucksache 15/614) . 2758 B Dr. Wolfgang Schäuble CDU/CSU . 2724 D Dr. Michael Luther CDU/CSU . 2758 D Gerhard Schröder, Bundeskanzler .
    [Show full text]