AG’s Management Board as Chief Risk Officer (CRO) on 1 June 2025. He succeeds Andreas Schenk, who will leave
/en/media/press/detail/joern-joseph-joins-pbb-as-chief-risk-officer/240 bp. The portfolio decreased by € 2.1 billion (2023: € 31.1 billion) and thus reached the strategic [...] majority of the property portfolio from 1 January 2025. The pro forma CET1 ratio in accordance with F-IRBA Basel [...] risk/return profile and thus on profitability, at € 5.1 billion, new business was selective (2023: € 7.2 billion;
/en/media/press/detail/pbb-2024-mit-deutlich-verbessertem-gewinn/least 50% of its profit after tax (IFRS, group) and AT1 coupon to shareholders. Despite this capital distribution [...] in asset management, the core capital ratio (CET 1 ratio) is expected to remain above 15.5% during this
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