KfW IPEX-Bank: Job rotation at department head level

Three key departments at KfW IPEX-Bank will come under new management from 1 April 2026 as part of a temporary job rotation scheme. This was announced by the Management Board of KfW IPEX-Bank in Frankfurt. The rotation is part of a temporary staff development programme lasting 15 months.

Alexander Jacobs, previously Head of Structuring Advisory, will take over the Energy department.

Peter Purkl, previously Head of the Energy department will in future lead the Credit Risk Management department sharing the role with Melanie Abels.

Thomas Brehler, previously Head of Credit Risk Management, will take over as Head of Structuring Advisory.

“This rotation reflects our forward-looking approach to human resources management and serves to broaden our portfolio of expertise,” comments Belgin Rudack, CEO of KfW IPEX-Bank. “It’s about generating fresh momentum: the heads of department are bringing the expertise they have acquired in other segments to fields of activity that are new to them, thereby injecting fresh ideas and new momentum into the increasingly competitive export and project finance business.”

The three departments are among the bank’s key areas:

• In the 2025 financial year, the Energy department contributed EUR 6.7 billion – more than a quarter – to the total volume of new commitments of EUR 24.2 billion.
• As a back-office unit, Credit Risk Management assesses counterparty and sector risks, as well as transaction-specific aspects of the Bank’s business, in an independent and forward-looking manner. In doing so, it contributes to securing the Bank’s long-term success.
• Structuring Advisory provides both internal and external advice on the structuring of export and project finance, as well as the usage of promotional loan programmes. In addition, the department’s remit includes acting as an agent in syndicated financing arrangements.