Alexander Fromme
Co Founder / MD
Experience
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
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
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
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
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
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
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
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
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
Industry Experience
See where this freelancer has spent most of their professional time.
Experienced in Banking and Finance, Professional Services, Energy, and Information Technology.
Business Area Experience
See which departments and functions this freelancer has contributed to most.
Experienced in Finance, Project Management, Operations, Legal, Quality Assurance, and Sales.
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
Education
IHK
Certified Leasing Specialist (IHK) · Germany
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
Statistics
Experience
Expertise
Qualifications
Profile
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