Particle.news

Download on the App Store

Merz Names Ex-Commerzbank Chief Martin Blessing Investment Envoy

The unpaid role taps his global banking contacts to pitch Germany to foreign investors.

Overview

  • The government announced Monday that Blessing will serve as the chancellor’s personal representative for foreign investment.
  • He will work closely with the federal investment agency GTAI as well as relevant ministries and economic promotion bodies.
  • The position carries a symbolic one-euro compensation and will not involve creating a new staff apparatus.
  • His remit includes proactively approaching potential investors and presenting Germany’s strengths as a location for capital.
  • Blessing, 62, served on Commerzbank’s board from 2001 and as CEO from 2008, later held senior posts at UBS, and has chaired Danske Bank’s supervisory board since 2022.