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Curriculum Vitae of Klaus R. Michalak

CEO of KfW IPEX-Bank GmbH

Klaus Michalak

Date and place of birth: 25 July 1957 in Gladbeck, Germany

In charge of Finance, IT, Products and Corporate Affairs:

  • Corporate Strategy and Communication
  • Internal Auditing
  • Structuring Advisory
  • Finance
  • Legal Affairs and Human Resources
  • Credit Operations
  • IT, Organisation and Internal Infrastructure

Professional experience

from 05/2014CEO of KfW IPEX-Bank GmbH
2013Joined KfW IPEX-Bank GmbH, Frankfurt am Main:
Managing Director and member of Management
2003 – 2012Deutsche Bank AG, Frankfurt am Main:
Global Head of Structured Trade & Export Finance
1996 – 2003Deutsche Bank AG, Frankfurt am Main:
Head of Project and Export Finance Germany
(Managing Director since 2001)
1992 – 1996Deutsche Bank AG, Frankfurt am Main:
Deputy Head of International Trade Finance
1990 – 1992Deutsche Bank Kreditbank AG, Berlin (Ost) later: Berlin branch:
Head of International Trade Finance
1979 – 1990Deutsche Bank Corporate customer support and international business:
Various positions at the branches in Essen, Dortmund, Paris as well as the hubs in Düsseldorf and Frankfurt am Main
1977 – 1979Apprenticeship as a bank officer ("Bankkaufmann")
1977Joined Deutsche Bank AG, Dortmund branch


Memberships and mandates

2006 – 2012Chairman of the Supervisory Board of AKA Ausfuhrkredit-Gesellschaft mbH, Frankfurt am Main
2003 – 2011Expert advisor to the Interministerial Committee for Export Guarantees of the Federal Government, Berlin


Educational background

1980 – 1982Studies at the Frankfurt School of Finance & Management
Degree in banking services and operations ("Bankfachwirt")
1977 – 1979Apprenticeship as a bank officer ("Bankkaufmann")