Landesbank: Helaba-Chef Thomas Groß geht 2027 in den Ruhestand
Groß wird seinen Vertrag bei der Landesbank nicht verlängern. Zuletzt musste sich der Vorstandsvorsitzende vor allem mit stark sinkenden Gewinnen seines Instituts beschäftigen.
Frankfurt - Thomas Groß, the chairman of Landesbank Hessen-Thüringen (Helaba), will retire in autumn 2027, the bank announced on Friday. The 61-year-old has been leading the institution for six years and has been on the board since 2012. This announcement comes during a challenging period for the bank. Helaba reported a significant decline in profits in the first six months of 2026, with net profit dropping by nearly 60 percent to 194 million euros compared to the previous year.
The issues were particularly acute in the commercial real estate sector, where the bank suffered a loss of 26 million euros. Groß responded to these problems by proposing cost-cutting measures, including reducing expenses and staff by not fully staffing vacant positions. The development subsidiary OFB is also being restructured, as it faces "significant downsizing needs."
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