Ulric Reuter

The lawyer follows Helmut Schleweis at the head of the DSGV.

(Photo: IMAGO/Stephan Görlich)

frankfurt After the regional savings bank associations decided on Monday the appointment of the future president German Savings Banks and Giro Association (DSGV) have agreed, there is criticism from the municipalities. “The cities, as sponsors of the savings banks, want an orderly procedure that regulates the successor in the position of President of the DSGV. The fact that a preliminary decision by a non-competent body is now announced in advance does not do justice to the role of savings banks,” Markus Lewe (CDU), president of the City Council, told the Handelsblatt on Tuesday.

The presidents of the regional savings bank associations agreed that the former CSU politician Ulrich Reuter should become the new head of the DSGV at the beginning of 2024. Reuterswho currently runs the Bavarian Savings Bank Association, continues to helmut schleweis.

The final decision will be made at a general DSGV meeting in the first quarter. There are 21 voters. In addition to the eleven regional savings bank associations, there are seven representatives from state banks and three from central municipal associations. The municipalities are the sponsors of the around 360 Savings Banks nationwide and, therefore, are owners in a similar position.

However, Lewe is also critical of the composition of the DSGV General Assembly. “There the municipalities have to play a much more important role. Changing this is appropriate and necessary,” said the mayor of Münster.
The DSGV Chairman has great influence in the Sparkassen-Finanzgruppe and beyond. At the end of 2021, the public law institutes represented by the DSGV had a combined turnover of 3.3 billion euros and employed 284,800 people. This makes the savings banks the largest financial group in Germany Germany.

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Lewe demands clear regulation

The general manager of the German district association, Hans-Günter Henneke, also criticized the way in which it was determined. “For the future I imagine that there will be a clearly regulated and ordered procedure for the election of the President of the DSGV”, he said. “The election proposal must come from the Presidential Commission of the DSGV or from the General Assembly. Everyone, regional savings bank associations, state banks, municipalities and savings banks, are represented on these committees”.

Henneke announced that he would vote for Reuter. “I support Reuters’ proposal and I will also vote for him.” Henneke had previously suggested that Schleweis’s term be extended from two to two and a half years.

marcus lewe

The president of the German Association of Cities criticizes that the preliminary decision on Ulrich Reuter as the new president of the DSGV was taken without sufficient consideration of the municipalities.

(Photo: IMAGO/Metodi Popov)

Lewe did not comment on the upcoming election. But he also urges a clear regulation: “For me it is very important that we agree and comply with a procedure that corresponds to the importance of the office, both for the savings banks and for their sponsors.”

The selection process depends on clear criteria for potential candidates. “You have to be able to ensure the future of the group of savings banks in difficult times.” Keywords are, for example, the financing of large transformation projects, such as climate protection and digitalization.

DSGV’s newly appointed head Ulrich Reuter wants to campaign for approval

Savings banks have been fighting behind the scenes for months to succeed Schleweis. The 68-year-old, who has been at the helm of the DSGV since 2018, will run out of office at the end of this year. Within the group, many officials are angry that the decision on important personnel has dragged on for so long.

In addition to Reuters, according to informants, also Liana Buchholz, the president of the Westphalia-Lippe Savings Bank Association, has expressed interest in the position of director of DSGV. She would have been the first woman in charge of the Association of Savings Banks. However, only Reuter stands for election at the general meeting.

Reuter described his nomination as a “great leap of faith”. “I would like to thank my colleagues from the regional savings bank associations for this. Until the general assembly of the DSGV, he will also personally seek the approval of the other members of our association who have the right to vote.”

The doctor of law has been in charge of the Bavarian Savings Bank Association since 2021. Before that, the 60-year-old was district administrator in Aschaffenburg for the CSU for 18 years and was also a board member in this role. manager of Sparkasse Aschaffenburg-Alzenau for several years.

More: How do high interest rates on call money occur?

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