GRENKE AG Announces Dr Martin Paal as New Chief Financial Officer

On March 5, 2024, GRENKE AG, a prominent global financing partner for small and medium-sized enterprises, declared the appointment of Dr Martin Paal as its Chief Financial Officer, starting July 1, 2024. Dr Paal, who has been serving as the Head of Finance, steps into this role with a rich background in finance and banking, bringing extensive experience from various international consulting firms and DZ Bank to GRENKE.

Since joining GRENKE AG in June 2022, Dr Paal has quickly ascended the ranks, demonstrating his capabilities in several leadership positions within the finance division. His new responsibilities as CFO will encompass overseeing the Accounting & Tax, Controlling and M&A, and Treasury and Reporting departments. The Supervisory Board and the CEO have expressed their confidence in Dr Paal’s abilities, emphasizing the continuity, governance, and adherence to the company's proven strategy that he represents.