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Alexander Fromme

Co Founder / MD

Alexander Fromme
Mülheim an der Ruhr, Germany

Experience

Oct 2020 - May 2023
2 years 8 months

Co Founder / MD

ESG.DNA GmbH

  • Co-founded the company in October 2020
  • Company's goal is to advise and support small and medium-sized companies in creating an ESG self-assessment profile
  • Developed system solutions to process data needed for an ESG self-assessment and a "green" rating via web-based applications
  • Advising and supporting banks in meeting current and future requirements from the EU, lawmakers, and regulators
Jan 2011 - Jun 2022
11 years 6 months

Head of Finance

STEAG GmbH

  • Set up a new central finance division after separating treasury, corporate finance, project financing, and insurance functions from Evonik Group's service center
  • Main contact within the Steag Group for banks, rating agencies, credit insurers, and insurance companies
  • Managed and oversaw hedging and swap structures
  • Directed liquidity planning, working capital, and cash flow forecasting
  • Managed the placement of Steag's first promissory note loan of EUR 400 million
  • Managed the placement of a "green" registered note of EUR 70 million for Steag subsidiary Steag New Energies GmbH in Saarbrücken
  • Introduced a risk rating system for assessing counterparties' credit quality
  • Member of the supervisory board of Isken (Steag's largest foreign investment) in Turkey
  • Managing Director of Kraftwerkseigentümergesellschaft Walsum 10
  • Member of the supervisory board of Asia Power Development Platform Joint Venture Pte. Ltd., Asia Power Development Platform Investment Manager Pte. Ltd., and Asia Power Development Platform Pte. Ltd.
  • Managing Director of Steag PE GmbH (holding company for Steag's geothermal activities in Indonesia)
  • Managing Director of Steag Walsum 10 Kraftwerksbeteiligungsgesellschaft mbH
  • Member of Steag's Top Executive Circle
Jan 2010 - Present
16 years 1 month

Owner

Fromme Consulting

  • Advising on sustainability / ESG, risk topics, financing, green financing, treasury, and pensions
  • Advising the CFO/finance department of a multinational healthcare manufacturer on refinancing a EUR 140 million credit facility extension
  • Controlling
  • DCM (Debt Capital Markets)
  • Optimizing financial and project controlling
  • Implementing an ABS program at a multinational captive based in southern Germany
  • Treasury, working capital optimization, and corporate debt restructuring for a medium-sized company in the Ruhr area
  • Advisor to the CFO of a start-up to overcome a financially critical situation
  • Refinancing support for a multinational IT leasing company in Germany
  • Due diligence support for a global one-stop shop for engineering and consulting services in infrastructure
  • Head of ESG due diligence
  • Member of finance & treasury due diligence team
  • Corporate debt project (review and new structure proposal) for an industrial assembly company in the Ruhr area
  • Selection and project management for implementing ESG software at a pharmaceutical company in southern Germany
  • Corporate debt, working capital optimization, credit & risk review, and structure proposal for a Turkish start-up
  • Leasing & factoring structuring for a medium-sized company in the Ruhr area
  • Advising on a photovoltaic project in Greece
Nov 2008 - Nov 2010
2 years 1 month

Managing Director

CSI Lifecycle Leasing GmbH

  • Solely responsible for the complete credit assessment of customers
  • Main contact for preparing and calculating proposals for new business
  • Directed liquidity planning, working capital, and cash flow forecasting
  • Solely responsible for all remarketing of leased assets
  • Determined residual values of leased assets
  • Independently negotiated with banks
  • Authorized signatory for all banks
  • Unlimited sole signing authority for the company
Aug 2006 - Oct 2008
2 years 3 months

Head of Risk Management

Comprendium Structured Finance GmbH

  • Head of Risk Management, later Deputy CFO
  • Credit assessment of potential customers
  • Deal approvals within an approval limit of EUR 5 million
  • Designed and built a risk management process
  • Built and trained a credit & risk team
  • Trained sales staff
  • Coordinated the collection process
  • Due diligence in the M&A process for leasing companies to be acquired
  • Liaison to refinancing banks and credit insurers
Jul 2005 - Jul 2006
1 year 1 month

Managing Director - Risk & Contracts

Deutsche Leasing AG

  • Lead contract manager for preparing credit decisions for the branches in Spain, Russia and China
  • Monitoring covenants for ongoing credit commitments
  • Participating in conceptual projects
  • Managing Director Risk & Contracts of the newly founded branch Deutsche Leasing (China) Ltd. Co in Shanghai, China
  • Internal management consultant
  • Point of contact for all questions regarding the strategic setup and expansion of the branch
  • Establishment of the business model across China
  • Recruitment of qualified staff
  • Development of the sales organization
  • Design and implementation of the branch structure and related systems for documentation and organization
Oct 2001 - Jun 2005
3 years 9 months

Managing Director - Risk

CitiCapital Leasing GmbH

  • After the legal incorporation in Germany, implemented the necessary structures for systems, documentation and organization
  • Established the areas of Operations, Sales Support, Credit and Risk
  • Special focus: integration into the group with a view to introducing the global guidelines etc.
  • Managed a team of up to 6 employees in Operations, Sales Support, Credit and Risk
Oct 1994 - Sep 2001
7 years

Risk & Operations Manager

GE Capital VFS/GE Capital mietfinanz GmbH & Co. KG

  • Led a team of credit analysts
  • Handled engagements in leasing and credit
  • Conducted joint customer meetings with sales and supported sales activities
  • Contributed to a variety of cross-functional and international projects in credit and processing
  • Supported quality projects to improve processes and organizational structures
  • Provided due diligence support
Jul 1988 - Sep 1994
6 years 3 months

Credit Officer / Team Lead

Deutsche Leasing AG

  • Credit assessment based on financial statement analyses, customer interviews, review and evaluation of bank and business references, profitability calculations, etc.
  • Participated in customer visits to conduct credit discussions and site inspections
  • Reviewed leasing contracts, partly in cooperation with the legal and tax department
  • Prepared decision templates with qualified comments on the economic situation of the lessees
  • Conducted asset inspections in collaboration with the relevant specialist departments, suppliers and industry associations
  • Individual decision authority up to DM 25,000.00

Summary

  • Proven, resilient, flexible interim manager and problem solver, especially for companies in financially critical situations
  • 12 years as Head of Finance at STEAG (hard coal power producer) in Essen
  • Over 20 years in various roles (including Managing Director with BaFin license and Chief Risk Officer) in the leasing industry at home and abroad (Essen, Frankfurt, Munich, London, and Shanghai)
  • Another 14 years as a consultant – also alongside permanent positions
  • Extensive experience in setting up organizations and start-ups successfully
  • Expert in liquidity planning, working capital optimization, cash flow forecasting, corporate, project, and debt financing (including leasing, promissory note loans, green financing, ABS financing, etc.), risk management, and corporate insurance
  • Rare combination of proven national and international leadership experience, including implementing restructuring measures, quickly adapting to new situations, and a strong focus on new sustainability requirements

Skills

Industry Focus

  • Finance (Banking, Leasing)
  • Energy
  • Municipal Utilities
  • Manufacturing Industry

Professional Focus Areas

  • Debt Financing / Refinancing
  • Risk Management
  • Treasury Incl. Working Capital Optimization, Liquidity Planning, And Cash Flow Forecasting
  • Corporate And Project Financing
  • Leasing And Factoring
  • Implementation Of Restructuring Measures For Companies In Reorganization
  • Insurance
  • Sustainability / Esg / Sustainable Finance

Management Style / Way Of Working

  • Low-ego Leadership
  • Democratic Leadership Style
  • Persuading And Getting Employees On Board
  • Team Player
  • Trust In Team Members

It Skills

  • Other General It Skills
  • Other Crm Systems
  • Ms Office User

Languages

German
Native
English
Advanced
French
Elementary

Education

Sep 1990 - Feb 1992

IHK

Certified Leasing Specialist (IHK) · Germany

Sep 1984 - Jan 1987

IHK

Commercial apprenticeship at a bank · Germany

Certifications & licenses

Certified Expert in Sustainable Finance (CESFI)

Frankfurt School of Finance and Management

Six Sigma Green Belt

General Electric Campus Crotonville

Certified Leasing Specialist (IHK)

IHK

Nuclear law security clearance

Profile

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Frequently asked questions

Do you have questions? Here you can find further information.

Where is Alexander based?

Alexander is based in Mülheim an der Ruhr, Germany and can operate in on-site, hybrid, and remote work models.

What languages does Alexander speak?

Alexander speaks the following languages: German (Native), English (Advanced), French (Elementary).

How many years of experience does Alexander have?

Alexander has at least 37 years of experience. During this time, Alexander has worked in at least 9 different roles and for 8 different companies. The average length of individual experience is 4 years and 2 months. Note that Alexander may not have shared all experience and actually has more experience.

What roles would Alexander be best suited for?

Based on recent experience, Alexander would be well-suited for roles such as: Co Founder / MD, Head of Finance, Owner.

What is Alexander's latest experience?

Alexander's most recent position is Co Founder / MD at ESG.DNA GmbH.

What companies has Alexander worked for in recent years?

In recent years, Alexander has worked for ESG.DNA GmbH, STEAG GmbH, and Fromme Consulting.

Which industries is Alexander most experienced in?

Alexander is most experienced in industries like Banking and Finance, Professional Services, and Energy. Alexander also has some experience in Information Technology (IT).

Which business areas is Alexander most experienced in?

Alexander is most experienced in business areas like Finance, Project Management, and Operations. Alexander also has some experience in Legal and Compliance, Quality Assurance (QA), and Sales.

Which industries has Alexander worked in recently?

Alexander has recently worked in industries like Professional Services, Energy, and Banking and Finance.

Which business areas has Alexander worked in recently?

Alexander has recently worked in business areas like Finance, Project Management, and Business Intelligence.

What is Alexander's education?

Alexander holds a Bachelor from IHK.

Does Alexander have any certificates?

Alexander has 4 certificates. Among them, these include: Certified Expert in Sustainable Finance (CESFI), Six Sigma Green Belt, and Certified Leasing Specialist (IHK).

What is the availability of Alexander?

Alexander is immediately available part-time for suitable projects.

What is the rate of Alexander?

Alexander's rate depends on the specific project requirements. Please use the Meet button on the profile to schedule a meeting and discuss the details.

How to hire Alexander?

To hire Alexander, click the Meet button on the profile to request a meeting and discuss your project needs.

Average rates for similar positions

Rates are based on recent contracts and do not include FRATCH margin.

1000
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Market avg: 780-940 €
The rates shown represent the typical market range for freelancers in this position based on recent contracts on our platform.
Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.