Our Group

The Management

The management is responsible for the strategic direction and leadership for the entire KGAL Group and works closely with the management of KGAL Investment Management & Co. KG and KGAL Capital GmbH & Co. KG.

Chief Executive Officer


Gert Waltenbauer has been the Chief Executive Officer of KGAL GmbH & Co. KG since 18.11.2014. In this role he is responsible for Human Resources, Marketing & Communications, Audit, General Counsel and Compliance/Anti-Money-Laundering. He joined the KGAL Group on 01.10.1993.


  • Economics degree from Bochum University

Employment before joining KGAL

  • 1991-1992 Svenska Finans Deutschland GmbH, Düsseldorf (leasing subsidiary of Svenska Handelsbanken)
  • 1992-1993 Commerzleasing GmbH, Düsseldorf and Dortmund

Positions at KGAL

  • 1993-2001 Sales Executive and Head of Düsseldorf branch
  • 2001-2006 Director of Business Developement / Sales
  • 2007-2014 Managing Director

Chief Financial Officer


Dr. Thomas Schröer is Chief Financial Officer of KGAL GmbH & Co. KG and responsible for all the finances of the the KGAL Group as well as being responsible for the Controlling, Treasury, Group Accounting and Accounting departments. Dr. Schröer has been with KGAL Group since 1st July 1999.


  • 1983-1985 Degree in Fiscal Accounting (Diplom-Finanzwirt), Apprenticeship in higher civil service in the finance department of North Rhine-Westfalia, Universitiy of Applied Sciences for Finance in Nordkirchen (NRW)
  • 1985-1988 Business Studies (Focus: Accounting and Finance), Westphalian Wilhelms University of Münster (NRW)
  • 1988-1990 M. Sc. (Econ.) in International Accounting & Finance, London School of Economics, London (UK)
  • 1998 PhD (Dr. rer. pol) at the Johann Wolfgang Goethe University in Frankfurt am Main

Experience at KGAL (Prior to CFO)

  • 1999-2001 Head of Accounting KGAL
  • 2001-2007 Head of Finance & Accounting OG and Head of Group Accounting KGAL
  • since 2005 Managing Director, ALCAS GmbH & Co. KG
  • since 2007 Head of Finace, KGAL GmbH & Co. KG

Experience at KGAL (Management)

  • since 01/2018 Chief Financial Officer at KGAL GmbH & Co. KG

Chief Investment Officer


Dr. Klaus Wolf is Chief Investment Officer of KGAL GmbH & Co. KG and responsible for new product development. Dr Wolf has been with KGAL Group since 1st January 1992.


  • 1990 Degree in Business Administration (Finance and Statistical Procedures), University of Augsburg (Diplom-Kaufmann)
  • 1991 MBA, Katz Graduate School of Business, Pittsburgh, PA
  • 1996 Ph.D. (Dr. rer. pol.) in Finance/Aviation Leasing, University of Erlangen-Nürnberg

Experience at KGAL (Prior to Management)

  • 1992-2003 Employee and Transaction Manager for Aviation and Renewable Energy
  • 2004-2006 Division Manager Aviation, Infrastructure and Shipping

Experience at KGAL (Management)

  • 2007-2013 Managing Director responsible for Aviation, Infrastructure, Shipping and Production services
  • 2013-02/2015 Managing Director at KGAL I.M., the KAGB-regulated part of the KGAL group, still responsible for Aviation, Infrastructure and Shipping
  • since 03/2015 Chief Investment Officer der KGAL GmbH & Co. KG