LBS Hessen-Thueringen: Sabine König to join the Management Board

Sabine König (47) has been appointed as a new member of the Manage­ment Board of LBS Hessen-Thüringen, effective from 1 April 2021. As a member of the Manage­ment Board, König will be responsible for LBS Market Service and LBS Credit Service. She will be following in the foot­steps of Werner Hoffmann, who is entering a well-earned retirement on 30 December 2020 after 12 years on the LBS Management Board.

Having completed an apprenticeship as a bank clerk at Stadt­sparkasse Mönchen­gladbach and a degree in economics, König worked at LBS Schleswig-Holstein-Hamburg from 2003 to 2017, where her last positions were Head of Corporate and Organisational Development as well as Digitisation Project Manager for the LBS Group. In 2017, she switched to the management consultancy sector by joining the Scandinavian/German firm Arkwright Consulting AG. There, she was able to expand her range of experience in the financial services industry by working on projects with insurance companies and payment service providers. Most recently, König worked at zeb.rolfes.schierenbeck.associates gmbh as a Senior Manager and sector specialist for building and loan associations (Bau­sparkassen). In addition to projects in the IT environ­ment, she has also been involved in forward-looking issues for the industry, such as sustain­ability and data analytics.

"We are delighted to have gained Sabine König for the Management Board of LBS Hessen-Thüringen. She brings a wealth of expertise in the field of digitisation as well as many years of experience in management within the LBS Group with her. As a result, she will make a vital contribution to successfully shaping the future of LBS together with Stephen Adam. We wish Sabine König every success in her new role within the Helaba Group", says Frank Nickel, a member of Helaba's Executive Board. "We are extremely grateful to Werner Hoffmann for his many years of commit­ment on the Management Board of LBS. During his tenure, he has made a significant contribution to developing LBS into one of the most efficient German building and loan asso­ciations. We wish him all the best for the next phase in his life".