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# Commerzbank Appoints Bettina Orlopp as CEO, First Woman to Lead the German Bank
- URL: https://www.theglobalbanker.com/commerzbank-appoints-bettina-orlopp-ceo-first-female-germany/
- Published: 2024-09-25T11:15:00.000Z
- Updated: 2026-10-02T13:33:54.000Z
- Description: Commerzbank appointed CFO Bettina Orlopp as its new Chief Executive Officer on 24 September 2024, making her the first woman to lead the bank in its history.
- Author: TGB Editorial Team
- Tags: Executive Moves, Europe, #archive

Commerzbank named Bettina Orlopp as its new Chief Executive Officer on 24 September 2024, effective 1 October. She is the first woman to hold the top executive role in the Frankfurt-based bank's history. Orlopp had been serving as Chief Financial Officer since March 2020 and joined Commerzbank in 2017.

The announcement came after Italian banking group UniCredit had built up a stake in the German institution in the preceding weeks. 

#### BACKGROUND

Orlopp joined Commerzbank in 2017 and held senior positions at the bank before becoming CFO in March 2020\. 

#### UNICREDIT STAKE AND HANDOVER

The German government, which retains a stake in Commerzbank, had made clear its concerns about UniCredit's moves. 

Orlopp took over from Manfred Knof on 1 October 2024\. The new CEO did not make detailed public statements about the UniCredit situation at the time of the appointment announcement.