The AICGS Business & Economics Program and Commerzbank were pleased to host a dinner on Thursday, October 9 with guest speaker Martin Blessing, Chairman of the Board of Managing Directors at Commerzbank.
We were honored to be joined by a top executive of the German banking industry who discussed with us the state of play on the European Banking Union and share his views on current developments, including the impact of geopolitics on the fragile European recovery, the ongoing debate on the role of monetary policies, both in the European Monetary Union as well as the United States and last but not least, why he thinks that the time has come to introduce some form of eurobonds.
Mr. Martin Blessing serves as Chairman of the Management Board at Commerzbank AG since May 15, 2008. He joined Commerzbank as Member of the Management Board Responsible for Corporate Banking of the Company in October 2001. Before coming to Commerzbank, Mr. Blessing served as Chairman of the Board of Advance Bank (Munich). He joined Advance Bank coming from Dresdner Bank (Frankfurt) in 2001 where he had been a Joint Manager responsible for Private Customers for three years. Mr. Blessing started his career as a consultant at McKinsey in both Frankfurt and New York, and in 1994 became a partner at the firm. He studied Business Administration at the University of Frankfurt and the University of St. Gallen, receiving his MBA from the University of Chicago in 1988.
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