/ Structure and organization of the Group /
Commerzbank Aktiengesellschaft is the parent company of a group providing financial services around the world. The Group’s operating business has been categorized into five segments: Private and Business Customers, Mittelstandsbank, Corporates & Markets, Commercial Real Estate, as well as Public Finance and Treasury. A different member of Commerzbank AG’s Board of Managing Directors is responsible for each of these segments. All staff and management functions – Strategy and Controlling, Risk Control, Finance, Internal Auditing, Legal Services, Human Resources, Corporate Communications, Compliance – are bundled into the Group Management division. All support functions – Information Technology, Transaction Banking and Organization – are provided by the Services division. The Chairman of the Board, the Chief Financial Officer, Chief Risk Officer and Chief Operating Officer, as members of the Board of Managing Directors, are particularly responsible for these non-operating divisions
On the domestic market, Commerzbank AG manages a nationwide branch network covering all customer segments from its headquarters in Frankfurt am Main. The most significant domestic subsidiaries are Eurohypo, comdirect bank, cominvest Asset Management, Commerz Real and Hypothekenbank in Essen. Outside of Germany, the Bank has 23 branches, 28 representative offices and eleven key subsidiaries in 46 countries. The focus of its international activities is on Europe.