(Berlin, December 11, 2019) The Supervisory Board of Deutsche Bahn AG made important decisions concerning members of the DB Management Board at its regular meeting on Wednesday. The board appointed Dr. Levin Holle as the new Member of the Management Board for Finance and Logistics. The 52-year-old will assume his new role on February 1, 2020. Holle has served as a department head at Germany's Federal Ministry of Finance (BMF) since 2012, where he is responsible for financial market policy. He holds a doctorate in law and currently represents the BMF on DB's Supervisory Board. From 1997 to 2011 he held various positions at the Boston Consulting Group.
The Supervisory Board also decided at the meeting to renew Professor Sabina Jeschke's contract. Jeschke was appointed to serve as the Member of the Management Board for Digitalization and Technology from November 2017 to November 2020. Her new contract will run for five years, through the end of 2025. In the past two years, Jeschke has promoted issues including artificial intelligence and consistent data management. She also developed the Group's current data strategy. Jeschke will now also be responsible for heavy vehicle maintenance. The DB Supervisory Board had already announced in early November that Dr. Sigrid Nikutta would take on the new position of Member of the Management Board for Freight Transport beginning January 1, 2020.
"The Supervisory Board and I are looking forward to working with Dr. Holle. All of us have the highest regard for his finance expertise," said Michael Odenwald, Chairman of the DB Supervisory Board. "By renewing Professor Jeschke's contract, we are recognizing her performance and are putting emphasis on continuity. These decisions mean that the DB Management Board is now complete and can put all of its effort into working on Strong Rail," he continued.
Dr. Richard Lutz, Chairman of the DB Management Board and CEO said, "Dr. Holle's broad expertise and excellent network will be important assets in light of our plans to grow and invest. I am delighted that we can now focus all of our energy on implementing the Strong Rail strategy."