A4 für Copyshop GB.indd - Bayerische Landesbank

10 Board of Management and executive bodies
Stefan W. Ropers
born in 1955,
Member of the Board of Management
since 2002, Business Area
Corporates (worldwide)
In 2004, we continued to expand our cooperative market development with the Bavarian
savings banks. Ninety-four percent of the savings banks have signed individual agree-
ments as a framework for closer collaboration with BayernLB.
In the context of the newly drawn-up strategy for Eastern Europe, we as a Group are
exploiting the opportunities offered by the growth markets of Central and Eastern
Europe. We support the savings banks by offering superior processing competences,
and can boast a network of local cooperative partners in the core markets. We are
continuing to develop this network.
We have consistently pursued our aim of realigning the participations portfolio, by dis-
posing of our 46.4 percent participation in the Bank für Arbeit und Wirtschaft (BAWAG)
and 10 percent participation in the Südtiroler Sparkasse. We also sold the Austrian
travel agency chain Ruefa.
In order to fund our planned growth, as well as securing our A + target rating, we
intend to carry out a nominal capital increase in two tranches (2005 and 2006). The
total volume of the transaction will be EUR 640 million. The Free State of Bavaria and
the Association of Bavarian Savings Banks (SVB) will contribute 50 percent each. The
planned capital increase is a clear demonstration of the owners’ loyalty to the Bank.
As another major factor supporting the Bank’s competitiveness, dated capital
contributions held by the Bank’s owners are to be converted to undated ones without
accompanying calling rights.
Moreover, the Bavarian savings banks and BayernLB are planning to set up a regional
guarantee fund. This fund will be an integral element of the close cooperation
between the two partners.
Dr. Ralph Schmidt
born in 1962,
Senior Executive Vice President,
entrusted with Board
of Management tasks
since 2002, Support Operations
Corporates Services (worldwide)
since 2004
Dieter Burgmer
born in 1960,
Member of the Board of Management
since 2001, Business Area
Global Markets (worldwide)