Martin Blessing

Martin Blessing
Born July 6, 1963 (1963-07-06) (age 48)
Bremen, Germany
Nationality German
Alma mater University of Frankfurt, University of St. Gallen, University of Chicago
Occupation Banker
Employer Commerzbank

Martin Blessing (born July 6, 1963) is a German banker and Chairman of Commerzbank.

Blessing is a graduate of the University of Frankfurt and the University of St. Gallen (HSG). In addition he holds a Master of Business Administration from the University of Chicago. He was born in Bremen, Germany. He is from a family of bankers. His father was a member of the Board of Deutsche Bank and his grandfather was President of the German Federal Bank.

From 1989 to 1996 he worked for McKinsey including two years as partner. Following this he worked for Dresdner Bank, Advance Bank (which subsequently failed) and then joined the Commerzbank as a Member of the Board in 2001. In 2008 he became CEO and a year later made the decicion to take over Dresdner Bank. The takeover ultimately lead to combined bank being bailed out twice by the German Government. Though intial attempts were made to blame the bailout on Dresdner there were major losses within the orginal Commerzbank group, particularly at it's EuroHypo subsidary.

References

https://www.commerzbank.de/media/konzern/konzerninfo/vorstand/Blessing_CV_EN_0510.pdf