Commerzbank to Keep EY as Auditor 2021, Change to KPMG for 2022

April 9, 2021, 1:14 PM

Commerzbank Supervisory Board proposes that EY be elected as the auditor for the annual financial statements for the financial year 2021 in invitation to AGM.

  • Bank plans to change its auditor for 2022, says KPMG has emerged as the preferred auditor after selection process
  • Sees two-step process in auditor change
    • General shareholders’ meeting 2021 to elect KPMG as the new auditor for their audit review of any interim financial information for periods after 31 Dec. 31, 2021, and prior to the AGM in the year 2022
    • AGM in 2022 is then due to also elect KPMG as the new auditor ...

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