19.03.2014
MLP AG DE0006569908
MLP AG: MLP continues further development - change within Executive Board
(DGAP-Media / 19.03.2014 / 17:08)
MLP continues further development -
change within Executive Board
- Muhyddin Suleiman to leave the Executive Board in mutual agreement and
on the best amicable terms - the position will not be refilled
- Amalgamation of strategy and all client activities under the
responsibility of CEO Dr. Uwe Schroeder-Wildberg
- Close integration of private client and corporate client business
Wiesloch, 19th March 2014 - MLP AG continues to further develop its
business. In view of the professional reorientation of Muhyddin Suleiman,
the company is amalgamating responsibility for strategy and all client
activities under the leadership of Chief Executive Officer Uwe
Schroeder-Wildberg - a step which is designed to further tighten the
management of the operating business.
Muhyddin Suleiman, Executive Board member of MLP AG and MLP
Finanzdienstleistungen AG with responsibility for sales will be resigning
from both executive bodies on 31st March 2014 in mutual agreement and on
the best amicable terms in order to pursue new professional challenges
outside the MLP Group.
"Muhyddin Suleiman has played a significant role in the further development
of the company in recent years," comments Chief Executive Officer Uwe
Schroeder-Wildberg. Today, MLP stands on a considerably broader revenue
base than it did a few years ago, the corporate client business has been
firmly established as an important additional pillar and the Executive
Board has aligned its strategy to serve as clients' first point of contact
in all aspects of finance. "On behalf of the entire Executive Board I would
like to thank Muhyddin Suleiman for the valuable contribution he has made
and wish him every success in the future." The Supervisory Board also
thanks Muhyddin Suleiman for his longstanding and successful years of
service.
The Executive Board position with responsibility for sales will not be
refilled. Uwe Schroeder-Wildberg, who as Chief Executive Officer oversees
all aspects of strategy, will also take over operative responsibility for
two additional key areas, namely the private client business and the
corporate client business at MLP Finanzdienstleistungen AG. In the private
client business, four regional divisional heads will report to the CEO.
These executives possess extensive experience stemming, in part, from their
many years of service as branch managers. In the corporate client business,
the Head of occupational provision and associations will report to Uwe
Schroeder-Wildberg. In addition, the CEO will also assume responsibility
for client relationship management, target group management and marketing -
three important areas that steer client contact from the back office.
Chief Financial Officer Reinhard Loose will also assume responsibility for
human resources, legal affairs, internal audit and compliance. In future,
the subsidiary ZSH will fall under the responsibility of Executive Board
member Manfred Bauer (Products & Services).
"We will further accelerate the transformation of MLP into a broad-based
consulting house. The goal of our growth initiatives, which we presented at
the end of February, is to make MLP even more independent of short-term
market influences. In this respect we will take measures to further broaden
our revenue base which will include further strengthening of the corporate
client business as well as the introduction of an extended range of real
estate offerings," comments Uwe Schroeder-Wildberg. "The reallocation of
responsibilities within the Executive Board supports this development by
enabling even closer integration and interaction of client activities,
thereby further tightening the management of our operating business."
The curriculum vitae of the management team can be viewed at
http://www.mlp-ag.com/corporate-profile/mlp-management
About MLP:
MLP is Germany's leading independent consulting company. Supported by
comprehensive research, the Group provides a holistic consulting approach
that covers all economic and financial questions for private and corporate
clients, as well as institutional investors. The key aspect of the
consulting approach is the independence from insurance companies, banks and
investment firms. The MLP Group manages total assets of around EUR 24.5
billion and supports more than 830,000 private and 5,000 corporate clients
or employers. The financial services and wealth management consulting
company was founded in 1971 and holds a full banking licence.
The concept of the founders, which still remains the basis of the current
business model, is to provide long-term consulting for academics and other
discerning clients in the fields of provision, financial investment, health
insurance, non-life insurance, loans and mortgages and banking. Private
individuals with assets of over EUR 5 million and institutional clients
benefit from extensive wealth management and consulting services as well as
receiving economic forecasts and ratings provided by the subsidiaries of
the Feri Group. Supported by its subsidiary TPC, MLP also provides
companies with independent consulting and conceptual services in all issues
pertaining to occupational pension schemes and remuneration.
End of Media Release
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Issuer: MLP AG
Key word(s): Finance
19.03.2014 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: MLP AG
Alte Heerstraße 40
69168 Wiesloch
Germany
Phone: +49 (0)6222-308-1135
Fax: +49 (0)6222-308-8351
E-mail: [email protected]
Internet: www.mlp-ag.de
ISIN: DE0006569908
WKN: 656990
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard),
Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg,
Hannover, München; Terminbörse EUREX
End of News DGAP-Media
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