After accounting scandal: Berenberg brings Christian Schumacher back as managing director – initially part-time
Hamburg-based private bank Berenberg is making progress with the restructuring of its management in the wake of the balance sheet scandal – and has found an unconventional solution.
Berenberg, a Hamburg-based private bank, has appointed Christian Schumacher as a member of its expanded management board, effective immediately. Schumacher will oversee risk and finance and is set to become a full member of the management board by mid-2027, subject to regulatory approval. He will work part-time for Berenberg while continuing as managing director of Hansainvest, a Hamburg-based investment company.
Schumacher previously worked at Berenberg for 11 years before joining Hansainvest in October 2025. The appointment is part of Berenberg's efforts to resolve its leadership crisis following a scandal in June.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
