economy
Commerzbank CEO Bettina Orlopp on leading a turnaround under takeover pressure
CEO Bettina Orlopp discusses Commerzbank’s turnaround, her leadership philosophy and how UniCredit’s takeover push accelerated its strategy work.
TL;DR
- Bettina Orlopp took over as CEO of Commerzbank during a multiyear turnaround and as UniCredit was building a stake.
- Orlopp's leadership approach involves staying calm, candid communication about change, and relying on trusted teams.
- She reflects on her career path, including her time at McKinsey, leading Commerzbank's compliance, and serving as CFO before becoming CEO.
- Takeover pressure expedited Commerzbank's strategy work, and Orlopp believes leaders must be direct about the requirements of change.
- The interview was recorded on May 12, 2026.