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Commerzbank CEO to step down

11:16

Germany's second largest lender and the owner of Polish mBank will have a new CEO next fall. Martin Blessing has announced he will resign by the end of October 2016, despite being offered an extension of his job contract, Puls Biznesu daily reported. Blessing has been the head of the lender since May 2008, he decided to step down to open "a new chapter in his life." His successor is unknown.

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