Axel Uttenreuther
Axel Uttenreuther is the CEO of the Bayerische Versorgungskammer (BVK), which manages pension and retirement benefits for nearly three million individuals in Germany. He recently acknowledged significant losses from investments in US real estate, including properties linked to a convicted tax fraudster, while emphasizing efforts to mitigate the impact on pension benefits.
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Axel Uttenreuther admitted to the write-downs in an interview, stating that the projects did not meet expectations.
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