Dr. Levin Holle, Chief Financial and Logistics Officer at Deutsche Bahn AG, is moving to the Federal Chancellery with immediate effect and, at the request of Federal Chancellor Friedrich Merz, will become the Chancellor's personal representative for the G7/G20 summits, responsible for economic, financial and energy policy in the Federal Chancellery. This is according to a press release from Deutsche Bahn (DB) dated May 7.
Holle joined DB on February 1, 2020, and as Chief Financial Officer was responsible, among other things, for the sales of the subsidiaries DB Arriva and DB Schenker. His role will be temporarily taken over by his deputy, the Board Member for Human
Resources and Law, Martin Seiler. A replacement will be sought as quickly as possible, the company says. Supervisory Board Chairman Werner Gatzer praised the departing executive's accomplishments on May 7 in Berlin:
“I would like to expressly thank you for the very good cooperation with the Supervisory Board and the Board of Directors over the past five years. Appointment to the Federal Chancellery is a great recognition of the outstanding expertise that Levin Holle has also demonstrated at DB. We wish him all the best for the future.”
DB Chairman of the Board Richard Lutz:
“Levin Holle has safely steered the DB Group as Chief Financial and Logistics
Officer since 2020 through financially challenging times with his many years of experience and proven expertise. By selling Arriva and Schenker, he significantly contributed to advancing DB's focus on its core business and reducing the complexity of the group. I thank Levin Holle for the close and trusting cooperation and wish him all the best and continued success!”
“The employees of DB are committed to the railway in Germany with great dedication. This has deeply impressed me during my years at DB. The challenges in infrastructure, operation, and economy are considerable. Therefore, consistent restructuring is the right course. I sincerely thank them for the excellent cooperation and wish
them and the entire DB all the best for the future,” said Holle.
The manager had been a member of the Supervisory Board of Deutsche Bahn since 2018. Until early 2020, he headed the Financial Market Policy Department in the Federal Ministry of Finance. There he was responsible, among other things, for national and European financial market regulation, federal debt management, as well as the supervision of the Federal Financial Supervisory Authority (BaFin) and the federal financial institutions, including the Kreditanstalt für Wiederaufbau (KfW). From 1997 to 2011, he worked for the Boston Consulting Group, where he focused on large transformation projects in the financial sector and companies'
