Andrea Orcel: Der Banker, der boxt – wer ist der Manager, der die Commerzbank schluckt?
Andrea Orcel übernimmt wohl die Commerzbank – nicht die erste Übernahme durch seine Unicredit. Einen harten Kurs setzte er schon im eigenen Haus durch. Ein Porträt einer Kraftnatur.
Andrea Orcel, the banker who boxed, is the manager who swallowed up the Commerzbank. In a recent interview, the Milan-based banker, adorned in a red tie and blue shirt, exhibited evident amusement. He humorously recounted how half a minute of laughter and self-grazing in his chair led to the question of the connection between his management style and his favorite sports.
Orcel is an avid skier, water skier, and boxer, stating that he takes a break from work these sports to recharge. He emphasized that when water skiing or boxing, he must concentrate intensely on the task at hand, fearing potential accidents or incoming opponent's strikes. His boxing metaphor for negotiations suggests a competitive edge, as he visualizes a series of rounds until his opponent is cornered.
Orcel's strategy mirrors that of a boxer, fighting round by round until victory is secured. The Commerzbank, a bank that had long resisted takeover attempts, was finally swept away by Orcel and the German government, which underestimated his drive and competitive spirit.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.