Business administration studies at Friedrich-Alexander-University of Erlangen-Nürnberg, PhD degree – Dr. rer. pol. in 1985. Career start as investment banker at Commerzbank AG; subsequently different managing positions at subsidiaries of Commerzbank group, finally in 1993 managing director of ADIG Investment (today Com-Invest). Joined Hypo Vereinsbank as Head of Asset Management in 1999. As of 2002 member of the executive committees of DBV-Winterthur insurances, Wiesbaden. Since 2004 member of the board at Anovia AG, Frankfurt/Main.