DHL 2000 Annual Report Download - page 72

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64
Prof. Dr. Wulf von Schimmelmann
FINANCIAL SERVICES
Prof.Dr.Wulf von Schimmelmann (born 1947)
studied economic sciences at Hamburg and
Zurich universities,gaining a doctorate (Dr.oec.
publ.) in 1970. In 1989 he moved to the Univer-
sity of Konstanz as honorary professor in the
faculty of economic sciences. His business career
commenced in 1972 at McKinsey & Company,
Inc.in Zurich. Following postings to Cleveland,
Kuwait and Düsseldorf he was made Partner in
1978 and appointed to the board of management
of Landesgirokasse Stuttgart in the same year.In
1984 Prof. Schimmelmann became a member
of the board of management at Deutsche Genos-
senschaftsbank AG in Frankfurt am Main and
moved to BHF-Bank AG in Frankfurt as associate
in 1991.In 1997 he became executive partner
of the equity investment company Regius. He
was appointed Chairman of the Board of Man-
agement of Postbank AG in 1999 and joined
Deutsche Post AG’s Board of Management in
the same year, where he is responsible for the
FINANCIAL SERVICES corporate division.
Ten million customers with four
million checking accounts and
a savings volume of
31 billion
make us one of the largest
banks in Germany. We expand-
ed our product range signifi-
cantly through the merger with
DSL Bank. This was one of the
factors leading to increased
revenue and income from bank-
ing transactions of
2,871 mil-
lion in 1999, putting us at total
revenue and income from bank-
ing transactions for 2000 of
7,990 million. Our profits also
showed a strong leap forward:
they were up from
58 million
in 1999 to
505 million in 2000.