Kick-off event

November 6 from 1:30 pm to 6:00 pm

Frankfurt School of Finance & Management, Adickesallee 32-34, 60322 Frankfurt am Main | hybrid event

The kick-off of this year’s Sustainable Finance Summit Germany opens the view on the different facets and cross-sectional dynamics of transformation financing. In order to successfully shape and securely finance structural change, close coordination between the financial sector and the real economy is needed, actively accompanied and supported by a coherent and reliable political framework. The keynote speeches and discussion formats of the kick-off event will highlight the status quo of transformation financing in Germany and shed light on necessary next steps and medium- to long-term developments.

Agenda  
12:00 a.m. Registration and networking
1:30 p.m.

Welcome

  • Kristina Jeromin, Managing Director, Green and Sustainable Finance Cluster Germany
  • Michael Schmidt, Managing Director, Green and Sustainable Finance Cluster Germany
1:40 p.m.

Keynote

Tarek Al-Wazir, Hessian Minister for Economic Affairs, Energy, Transport and Housing

2:00 p.m.

Theme block transformation financing

  • Dr. Friederike (Fritzi) Köhler-Geib, Chief Economist, KfW Group
  • Thomas Kusterer, CFO, EnBW
  • Dr. Cornelius Riese, CEO, DZ Bank
  • Jürgen von der Lehr, Head of Strategy & Sustainability, ING Germany
3:15 p.m. Coffee break and networking
3:45 p.m.

Double interview: “Sustainability Accounting according to ISSB and EU – Unnecessary double burden or meaningful coherence?”

  • Jenny Bofinger-Schuster, Board Member, ISSB
  • Dr. Kerstin Lopatta, Vice Chair, EFRAG Sustainability Reporting Board

Host: Matthias Schmidt, Director Sustainability Assurance, Deloitte

4:30 p.m.

Theme block “Greenwashing”

  • Keynote: “The Regulatory Approach to Greenwashing.”

    Speaker: Elmar Schobel, Partner, KPMG

     

  • Panel discussion: “Transformational contributions or greenwashing – how to build trust in the market?”
    • Alexandra Themistocli, Head of Sustainability, SEB Germany
    • Klaus Vaßen, Head of Unit Linked Strategy Platform, Zurich Gruppe Deutschland
    • Robert Bluhm Group Head of Sustainability, Universal-Investment
    • Verena von Ondarza, Economic journalist
    • Dr. Timo Busch, Wissenschaftsplattform on Sustainable Finance

Host: Michael Schmidt

5:45 p.m. Conclusion & outlook
6:oo p.m. Get-together
Tarek Al-Wazir
Tarek Al-WazirHessian Minister for Economic Affairs, Energy, Transport and Housing
born on January 3rd, 1971 in Offenbach am Main. After attending school in Offenbach, Sana’a (Yemen) and Frankfurt, he began studying political science in Frankfurt in 1992. While still being a student, he joined the Green Party in 1989 and was chairman of the Green Youth of Hesse from 1992 to 1994. In 1993 he became a member of the Offenbach City Council, and in 1995 he became a member of the Hessian State Parliament. From May 2000 he led the state parliamentary group of Bündnis 90/Die Grünen, and from September 2007 he also became head of the state party, Bündnis 90/Die Grünen Hessen. He resigned from both posts before being appointed Hesse’s Minister for Economic Affairs, Energy, Transport and Regional Development (since 2019: Housing) and Vice Minister President of Hesse on January 18, 2014.
Robert Bluhm
Robert BluhmUniversal-Investment
As Group Head of Sustainability for the Universal Investment Group, Robert Bluhm is responsible for the sustainability strategy and the integration of sustainability in all business areas. Since joining the company in 2019, he has been working with all partners of Universal Investment on a better understanding and more transparent implementation of ESG.
After graduating from Maastricht University with a Master of Science in international business administration, Bluhm started as a consultant in Munich in 2012. After this station, he moved to asset management boutique Bantleon in 2015, where he optimised the structure of the Bantleon Group as Head of Projects & Operations, first in Switzerland and then in Frankfurt.
Jenny Bofinger-Schuster
Jenny Bofinger-SchusterISSB
Jenny Bofinger-Schuster was appointed as a full-time member of the International Sustainability Standards Board (ISSB) in August 2022, effective 1 December 2022. Prior to joining the ISSB, Ms Bofinger-Schuster served as Senior Vice President for sustainability and operational excellence at Siemens. In this role she was responsible for developing the company’s sustainability strategy and for implementing new disclosure requirements. Prior to this she held senior positions at Siemens Management Consulting and Horváth & Partners Management Consultants.
Ms Bofinger-Schuster holds a Diploma in Business Administration from the University of Augsburg and an MBA from the University of Dayton, Ohio.
Prof. Dr. Timo Busch
Prof. Dr. Timo BuschUniversity of Hamburg
Timo Busch is a full professor at the School of Business, Economics and Social Science of University of Hamburg (Germany) and Senior Fellow at the Center for Sustainable Finance and Private Wealth of University of Zurich (Switzerland). He gives lectures at the Swiss Federal Institute of Technology (ETH) Zurich and taught at the Duisenberg School of Finance (The Netherlands). Timo Busch had several research stays including John Molson School of Business (Canada), Amsterdam Business School (The Netherlands), Nanyang Business School (Singapore), and University of Berkeley (US). He was United Nations delegate at the Rio +20 Conference on Sustainable Development. Timo Busch is a member of the Scientific Board of the Association for Environmental Management and Sustainability in Financial Institutions (VfU). He is a member of the editorial board of the journals Organization & Environment, Journal of Business Ethics, and Business Strategy and the Environment.
Kristina Jeromin
Kristina JerominGreen and Sustainable Finance Cluster Germany
Kristina Jeromin is Managing Director of the Green and Sustainable Finance Cluster Germany. She worked for Deutsche Börse Group from 2009 to 2020, where she was initially responsible for internal and external communication on sustainability issues. Since 2015 she acted as Head of Group Sustainability and was responsible for the group-wide sustainability management of the company, in its roles as an international capital market organizer and as listed DAX company. Since 2018 Kristina Jeromin is Managing Director of the Green and Sustainable Finance Cluster Germany. She is member of the Sustainable Finance Advisory Board of the German Federal Government and was its Vice Chair from 2019 until 2021. Kristina Jeromin is also member of the German Society of the Club of Rome.
Dr Friederike (Fritzi) Köhler-Geib
Dr Friederike (Fritzi) Köhler-GeibKfW Group
Dr Friederike (Fritzi) Köhler-Geib is Chief Economist of KfW Group and Head of KfW Research. Prior to this, she spent more than 10 years at the World Bank, most recently in the position of Lead Economist and Programme Leader for Central America.
She studied Economics in the USA, France, Germany, Spain and Switzerland. As Chief Economist of KfW Group, she analyses trends relevant for KfW in the economy, society and on the financial markets and brings a new dynamic to the economic and financial policy debate. The focus of her work lies in the analyses of economic developments and growth trends in Germany. A particular focus is placed on small and medium-sized enterprises and the role of innovation and digitalisation in improving competitiveness, as well as issues related to the goal of a climate-neutral economy. Furthermore, Dr Fritzi Köhler-Geib also actively addresses economic policy connections between Germany, Europe and the world.
Thomas Kusterer
Thomas KustererEnBW
Having graduated from the University of Mannheim with a degree in business management, Thomas Kusterer embarked on his career in 1994 at KPMG.
After spending ten years working in the audit and corporate finance departments at KPMG, Thomas Kusterer joined EnBW in 2004. He was initially the Head of Accounting and Taxation, before being appointed as Senior Vice President of Finance at the EnBW Group in 2008.
Thomas Kusterer became CFO of EDF Energy in London in 2009; he has been CFO at EnBW since 2011. As part of this role, he is involved in international organizations such as the IIRC and TCFD, dealing with transparency and sustainability matters in the financial sector.
Prof. Dr. Kerstin Lopatta
Prof. Dr. Kerstin LopattaUniversity of Hamburg
Kerstin Lopatta is Chair Professor of Financial Accounting, Auditing and Sustainability at the University of Hamburg. Furthermore, she is affiliated with City University of Hong Kong as a visting professor. She received her doctoral degree from Goethe University Frankfurt. Kerstin has extensive experience in sustainability reporting and financial accounting in practice and research. Before starting her scientific career, she worked as an audit assistant for Deloitte. She is the vice chair of the EFRAG SRB and a member of the Sustainability Reporting Technical Committee of the ASCG. She is on the Sustainable Finance Committee of the German Ministry of Finance and co-reviewed the adaptation of the German Sustainability Code to the Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy. During her career Kerstin completed several international research stays including at City University of Hong Kong, New York University’s Stern School of Business, and Copenhagen Business School. In her research, she investigates empirically the effects of environmental, social, and governance factors on business and society. She also covers corporate governance topics such as board structure and diversity. Her work is published in top tier journals like The Accounting Review, Strategic Management Journal and European Accounting Review. Kerstin Lopatta is member of the supervisory board at EQS Group AG, Freenet AG, EUROKAI GmbH & Co. KGaA and chair of the audit committee at EQS Group AG.
Dr. Cornelius Riese
Dr. Cornelius RieseDZ BANK AG
Since January 2019, Cornelius Riese has been Co-Chief Executive Officer of DZ BANK AG, the central institution of all cooperative banks in Germany. Born in Heidelberg in 1975, he studied business administration at the University of Mannheim, graduating with a degree in business administration. In 2005, he obtained his doctorate at the Technical University of Chemnitz.
From 1999 to 2006, Riese worked for Accenture in strategy consulting for financial service providers. In 2007, he joined DZ HYP AG as a division manager. In May 2009, Riese joined DZ BANK AG as divisional head of Central Services Division. Since 2013, he has been a member of the Board of Managing Directors with responsibility for Finance, Strategy and Controlling.
Dr. Matthias Schmidt
Dr. Matthias SchmidtDeloitte
Michael Schmidt
Michael SchmidtGreen and Sustainable Finance Cluster Germany
Michael Schmidt is managing director of the Green and Sustainable Finance Cluster Germany, Senior Advisor to the Board of LAIQON (previously: Lloyd Fonds) and member of the supervisory board of Anthos Fund & Asset Management. Before, he led investment teams, serving on the executive boards of Lloyd Fonds, Deka Investment and Union Investment, after having managed portfolios at DWS. In a voluntary role, he is a member of the Sustainable Finance Advisory Committee of the German federal government and was a member of the EU Commission’s High-Level Expert Group on Sustainable Finance (“HLEG”).
Elmar Schobel
Elmar SchobelKPMG
After completing his training as a bank clerk and studying business administration at the University of Würzburg, Elmar Schobel has been working in auditing and management consulting since 1992. Specialising in the asset management market, he is responsible for KPMG’s audit services in this sector. Elmar Schobel represents KPMG in various national and international professional committees. He is particularly involved in the Investment Committee of the IdW (FAIN) for the sustainability-related disclosure and transformation topics and has accompanied their high interpretation dynamics for many years.
Alexandra Themistocli
Alexandra ThemistocliSEB Germany
Alexandra Themistocli has been responsible for sustainability at SEB in Frankfurt since 2021. In this position, the certified expert for sustainable finance (CESF) is responsible for all activities in the DACH region relating to strategic ESG advisory for corporate customers and financial institutions.
Her focus is on the development of green and sustainability-linked financing frameworks that support companies in their transformation, as well as on the integration of emerging topics such as water, biodiversity, circularity as well as new EU regulations. She is also the link to the SEB Group, which is considered a pioneer in sustainable financial products.
Alexandra Themistocli has many years of international banking experience from various capital market positions at JP Morgan, Helaba and Dresdner Kleinwort. Most recently, she was Senior Client Executive Financial Institutions at SEB Germany.
Klaus Vaßen
Klaus VaßenZurich Gruppe Deutschland
Klaus Vaßen is head of the Unit Linked Strategy Platform team at Zurich Gruppe Deutschland. Among other things, this team manages and develops the sustainability and ESG strategies for Zurich’s unit-linked insurance business. He is also a member of Zurich’s European Sustainability Working Group with a focus on sustainability regulation. Klaus Vaßen has been with Zurich Gruppe Deutschland for 14 years in various positions in investment management. Prior to that, he worked for 9 years in wealth management and private banking at Deutsche Bank Group.
Jürgen von der Lehr
Jürgen von der LehrING Germany
Jürgen von der Lehr, born in 1972, studied business administration and economics at Universityof Mannheim and received his diploma in 2000.
He began his professional career at Deutsche Bank AG in Mannheim where he completed his training as a banker in 1994 and served as a Credit Analyst parallel to his studies at university. In 2003 he joined BearingPoint GmbH in Frankfurt as a Consultant, being responsible for projects in the area of Commercial and Retail Banking as well as Asset Management.
In 2004 he joined DZ Bank AG as Manager Inhouse Consulting. In 2005 he moved to Warsaw to serve as an Interim COO at DZ Bank Polska S.A. End of 2006 he moved back to Frankfurt to serve DZ Bank as Strategic Business Development Manager, being responsible for strategic and operative development of the Central and Eastern European (CEE) partnerships and shareholdings.
In 2007 he joined A.T. Kearney GmbH in Frankfurt and Dubai office to work on cutting edge strategy projects for leading European and international banks as Senior Consultant.
2010 Jürgen von der Lehr joined Deutsche Bank AG Frankfurt. He started as Senior Manager at Group Management Consulting. In 2011 he became Head of Strategy at Deutsche Bank AG, Private & Business Client Division where he was responsible for the strategic agenda and the branch network strategy. 2014 he became Head of Online Brokerage with full business ownership. 2016 he got promoted and became Head of Think Tank, Digital Innovation & Online Brokerage.
2018 he stepped out of the Deutsche Bank AG cosmos and served as Management Consultant / Partner at Oliver Wyman GmbH.
In 2018 Jürgen von der Lehr joined ING-DiBa AG as Head of Daily Banking & Payments, owning end-to-end responsibility for all payment, account, and ecosystem related topics. He successfully developed the strategic roadmap and implemented e.g. mobile payment solutions; new account model plus delivered significant process optimizations. Since July 2020 he is Head of Strategy & Sustainability, responsible for Corporate Strategy, Portfolio Steering, Innovation Management, M&A, Fintech Strategy and Co- operations and Sustainability. In addition, from October 2021 until XXX Jürgen von der Lehr was as Branch Manager of ING-DiBa Austria.
Verena von Ondarza
Verena von OndarzaFreelance Journalist
Verena von Ondarza is an economist and works as a freelance journalist for NDR Info Wirtschaftsredaktion and NDR Investigation. She has been following developments in the sustainable finance sector for many years – explaining and investigating. As part of a fellowship from the Mercator Foundation, Verena von Ondarza has also been working on media coverage around and about sustainable financial products.
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