New additions and promotions: Sutor Bank expands management and private banking

Hamburg-based Sutor Bank is expanding its management team and strengthening its private banking team with a new hire. Hartmut Giesen and Daniel Iskam are being promoted to managing directors. Sebastian-Alexander Meier is being hired as Head of Private Banking.

Promotion from General Representative to Management

Hartmut Giesen was previously General Manager responsible for Business Development, IT, Application Development, and Organization. He was appointed Managing Director effective July 1. His responsibilities remain unchanged.

Giesen has worked at Sutor Bank for more than 13 years. In 2013, he also founded Nextfin, a company that provides consulting and management services to the fintech industry, including startups, investors, and banks.

Daniel Iskam now a member of the management

Daniel Iskam was previously Head of Finance, Payments, and Credit. His responsibilities will continue in his new role as Managing Director.

Iskam joined Sutor Bank as a financial controller in 2018 and was promoted to Head of Finance and Risk Controlling in July 2021. Since April 2024, he has also been Head of Finance.

Before joining Sutor Bank, Iskam worked, among other things, as an auditor for financial services at BDO.

New Head of Private Banking comes from Donner and Reuschel

Sebastian-Alexander Meier has been Head of Private Banking and Asset Management at Sutor Bank since July 1. He works closely with Mathias Beil, Head of Private Banking .

In his new role, Meier will expand the private banking division and, in particular, further develop the bank's organization and systems.

Meier previously worked for 13 years at the private bank Donner and Reuschel, most recently as team leader for equities, foreign exchange and certificate trading.

About Sutor Bank

Sutor Bank offers a digital banking platform on which its partners can develop business models and products. Partners include fintechs, cryptotechs, and traditional financial distributors. Sutor Bank has been serving clients in private banking since 1921.