Pfeifer changes role at Commerzbank

Joachim Pfeifer, speaking at OpRisk Europe 2012

Joachim Pfeifer has changed roles at Commerzbank to become a project manager within the risk function. He will continue to report to the group head of risk control and capital management, Korbinian Ibel.

Pfeifer was the bank's head of operational risk control for 10 years before moving into his new post. The move is part of a job swap with Christoph Brack, who assumes the role of head of operational risk.

Pfeifer was named head of operational risk at the bank at the start of the BaseI II

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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