Commerzbank Mourns the Loss of Head of Communications Philipp Encz

Commerzbank mourns the passing of its Head of Communications, Philipp Encz. He passed away suddenly and unexpectedly on Whit Monday. Encz had been responsible for communication, branding, public affairs, and the Commerzbank Foundation as a member of the Executive Committee for Group Communications since June 1, 2024.

Bettina Orlopp, Chairwoman of the Executive Board of Commerzbank, stated: "Philipp Encz inspired us – both as a person and as a manager. During the short time he was part of Commerzbank, he made a remarkable impact. With his positive presence, expertise, and moral compass, he served as a role model for his employees and enriched our corporate culture in a unique way. We mourn his loss and keep his family in our thoughts."

Before joining Commerzbank, Philipp Encz worked at Citigroup as Head of Public Affairs Germany & Europe. Prior to that, he spent around 11 years at Bloomberg in New York, Munich, London, and most recently in Frankfurt as a TV business journalist before transitioning to communications. He held various senior positions at Siemens in Munich and Airbus in Toulouse, France for a similar duration. After completing his banking apprenticeship in Munich, Philipp Encz studied Business Administration and International Management at ESB Reutlingen in Germany and London.

About Commerzbank

Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 25,500 corporate client groups. In addition, it supports private and small-business customers in Germany with more than €400 billion assets under management. The Bank’s two Business Segments – Private and Small-Business Customers and Corporate Clients – offer a comprehensive portfolio of financial services. Commerzbank transacts approximately 30% of Germany’s foreign trade and is present internationally in more than 40 countries in the corporate clients’ business. The Bank focusses on the German Mittelstand, large corporates, and institutional clients. As part of its international business, Commerzbank supports clients with a business relationship to Germany, Austria, or Switzerland and companies operating in selected future-oriented industries. In the Private and Small-Business Customers segment, the Bank is at the side of its customers with its brands Commerzbank and comdirect: online and mobile, in the advisory centre, and personally in its branches. Its Polish subsidiary mBank S.A. is an innovative digital bank that serves approximately 5.7 million private and corporate customers, predominantly in Poland, as well as in the Czech Republic and Slovakia.