Press Release

Alena Kretzberg has been working for Commerzbank in various functions and positions since April 2019, most recently as Divisional Board Member for Digital Banking and comdirect, and before that as Divisional Board Member for Group Digital Transformation and Strategy. Up until that point, she had worked for eight years as a partner at McKinsey, advising banks on topics relating to strategy, digitalization, technology, and IT strategy.

Alena Kretzberg studied business administration and business informatics at the European Business School in Oestrich-Winkel, Hesse. She subsequently earned a doctorate in economics at the WHU – Otto Beisheim School of Management in Vallendar, Rhineland-Palatinate.

"We are delighted to have been able to appoint Alena Kretzberg, a proven and recognized expert in digital transformation," said Dr. Arno Antlitz, Chairman of the Supervisory Board of Volkswagen Financial Services AG as well as Chief Operating Officer and CFO of Volkswagen AG.

Dr. Christian Dahlheim, Chairman of the Board of Management of Volkswagen Financial Services AG, said: "As Chief Information Officer, Alena Kretzberg will play a key role in driving forward the digitalization of our business and the further modernization of our core systems. She is a great reinforcement for us. We warmly welcome her here to Volkswagen Financial Services in Braunschweig."

Dr. Mario Daberkow has been the Board Member for IT and Processes at Volkswagen Financial Services for around ten years, before which he was a Management Board Member of Deutsche Postbank AG for ten years with responsibility for IT and Operations. The Doctor of Mathematics had begun his career as a research assistant at the Technical University of Berlin. Then, after spending several years with McKinsey as a consultant, he moved to Deutsche Postbank.

The Management Board of Volkswagen Financial Services AG will in future comprise: Dr. Christian Dahlheim (CEO), Frank Fiedler (CFO), Anthony Bandmann (CSO), Dr. Alexandra Baum-Ceisig (CHRO) and Dr. Alena Kretzberg (CIO).

Information for editors:

Volkswagen Financial Services are a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its associated companies, Volkswagen Bank GmbH, Porsche Financial Services, and the financial services companies in the USA and Canada that belong directly or indirectly to Volkswagen AG – with the exception of the financial service business of the Scania brand and of Porsche Holding Salzburg. The key business fields embrace dealer and customer financing, leasing, bank and insurance activities, fleet management, and mobility services. Volkswagen Financial Services have a total of 16,849 employees worldwide – including 7,570 alone in Germany. Volkswagen Financial Services report total assets of around EUR 235.6 billion, an operating result of EUR 5.67 billion, and a portfolio of around 22.0 million current contracts (as at: 31.12.2021).

Information for editors:

Volkswagen Financial Services are a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its associated companies, Volkswagen Bank GmbH, Porsche Financial Services, and the financial services companies in the USA and Canada that belong directly or indirectly to Volkswagen AG – with the exception of the financial service business of the Scania brand and of Porsche Holding Salzburg. The key business fields embrace dealer and customer financing, leasing, bank and insurance activities, fleet management, and mobility services. Volkswagen Financial Services have a total of 16,849 employees worldwide – including 7,570 alone in Germany. Volkswagen Financial Services report total assets of around EUR 235.6 billion, an operating result of EUR 5.67 billion, and a portfolio of around 22.0 million current contracts (as at: 31.12.2021).