Andre Speth assumes management role at Helaba's subsidiary
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œuvre F Proposition, a leading project developer in Frankfurt, snags André Speth as their newest team member, effective April 1, 2025. He'll be diving headfirst into finance, controlling, and IT arenas, striding alongside the established duo headed by Chairman Bernd Schade. "With Speth aboard, we're buzzing with excitement to advance our vision for OFB as a financially robust and progressive developer, steering the real estate market with innovative flair and eco-friendly initiatives," Schade declared in the announcement.
Speth, 51, boasts a treasure trove of experience as a banker and real estate whiz, a fusion of skills that aligns oh-so-seamlessly with OFB, as part of the Helaba group. According to Christian Schmid, member of the Helaba board and OFB's supervisory chairman, it's a match made in heaven. After graduating from the European Business School in Oestrich-Winkel, Speth climbed the corporate ladder, stomping grounds that included Morgan Stanley and Deutsche Bank. Most recently, he was the Chief Financial Officer at Noratis AG, a real estate developer.
While specifics on Speth's earlier exploits in finance, controlling, and IT within the real estate industry are scant, it's customary for industry heavyweights like Speth, taking the reins in senior or specialized roles at companies like OFB, to possess experience in:
- Finance: nailing budgeting, investment analysis, financial planning, and reporting related to real estate projects.
- Controlling: wrangling cost control, performance monitoring, and ensuring compliance in real estate operations.
- IT: mixing it up with the implementation and management of IT systems supporting real estate project management, data analytics, and reporting.
Though Speth's past roles and career history aren't fully disclosed in available search results, we're anxiously standing by, eager to witness his impact on OFB.
André Speth, in his new role at œuvre F Proposition, will utilize his extensive experience in finance, business, and technology to drive the company's growth and pioneer eco-friendly initiatives. Prior to joining OFB, he gained significant expertise in banking, real estate, and IT, working with esteemed organizations such as Morgan Stanley and Deutsche Bank.
