MLP AG continued to further develop its business. In view of the professional reorientation of Muhyddin Suleiman, the company is amalgamating responsibility for strategy and all client activities under the leadership of Chief Executive Officer Uwe Schroeder-Wildberg - a step which is designed to further tighten the management of the operating business. Muhyddin Suleiman, Executive Board member of MLP AG and MLP Finanzdienstleistungen AG with responsibility for sales will be resigning from both executive bodies on March 31, 2014 in mutual agreement and on the best amicable terms in order to pursue new professional challenges outside the MLP Group.

The Executive Board position with responsibility for sales will not be refilled. Uwe Schroeder-Wildberg, who as Chief Executive Officer oversees all aspects of strategy, will also take over operative responsibility for two additional key areas, namely the private client business and the corporate client business at MLP Finanzdienstleistungen AG. In the private client business, four regional divisional heads will report to the CEO.

These executives possess extensive experience stemming, in part, from their many years of service as branch managers. In addition, the CEO will also assume responsibility for client relationship management, target group management and marketing - three important areas that steer client contact from the back office. Chief Financial Officer Reinhard Loose will also assume responsibility for human resources, legal affairs, internal audit and compliance.

In future, the subsidiary ZSH will fall under the responsibility of Executive Board member Manfred Bauer (Products & Services).