CORESTATE Capital Holding S.A. resolved to make changes to the management board and the supervisory board. Mr. Stavros Efremidis, previously chairman of the supervisory board of the company, will join the management board as chief executive officer (CEO) with immediate effect. Mr. Rene Parmantier, previously chief executive officer is leaving the management board of the company.

Rene Parmantier will focus on the management of the real estate financing business as chief executive officer (CEO) and managing director of CORESTATE Bank GmbH and as a member of the management board of HFS Helvetic Financial Services AG.