The recent “Investment Summit” convened by the Chancellery has been hailed by Commerzbank CEO Bettina Orlopp as a “significant and positive signal” for the German economy. Speaking to RTL and ntv on Monday, Orlopp emphasized that economic growth is also reliant on psychological factors, stating it is crucial that both the government and businesses demonstrate commitment through investment.
Regarding the specifics of the €631 billion in pledged investments, Orlopp remained cautious in offering precise figures. She highlighted the importance of showcasing “lighthouse projects” and fostering strong collaboration between political leaders and the business community, but avoided providing a detailed breakdown of the investment numbers.
While critiques have arisen concerning the composition of summit participants, Orlopp refrained from dismissing them outright, noting it represents “a starting point”. She underscored the vital role that the “Mittelstand” – Germany’s small and medium-sized enterprises – will play, particularly against a backdrop of ongoing geopolitical uncertainties like existing trade disputes.
The concluding photograph from the summit-which prominently featured predominantly male attendees, with only two women present: Economics Minister Katarina Reiche (CDU) and Orlopp-became a subject of discussion. Responding to this observation, Orlopp adopted a measured but firm tone. She asserted that the focus should be on promoting diversity rather than implementing quotas. She advocated for the establishment of measurable internal programs within companies to ensure women and men have equal opportunities for development. While acknowledging the potential pitfalls of rigid quota systems, she proposed the concept of a “fair share” proportionate to the sector and initial circumstances.
Orlopp expressed optimism that the representation of women in similar forums will improve over time, fueled by increased visibility and a greater willingness among women to embrace risk. “Career progression doesn’t occur without risk” she concluded.