Managing Director / Chief Financial Officer (CFO) Aenova Group
Effective 01 August 2018, Ralf Schuler was appointed Chief Financial Officer of Aenova Group. He has a strong CFO track-record in manufacturing-related industries. Prior to joining Aenova, Mr. Schuler was instrumental in designing and managing a comprehensive transformation and optimization project as CFO of SURTECO SE´s paper business unit. Before that he held various management positions within Elster Group, most recently as Executive Vice President Finance & Administration in charge of the international gas measurement and control business. A native of Lower Saxony, he started his career as a trainee in an accounting firm. Having completed his undergraduate degree in European Business Studies, he earned a Master´s degree (M.A.) from Brunel University, London.


Jan Kengelbach initially served the Aenova Group as an interim CFO and interim CEO prior to becoming its permanent CEO. Mr. Kengelbach previously worked as a Partner with BC Partners in London, the private equity-led majority shareholder of the Aenova Group. During his tenure at BC Partners as an Operations Partner, he led a wide range of performance improvement initiatives across various industries, spanning the design and implementation of turnaround plans and transformation roadmaps as well as leading interim management assignments as a CFO and Managing Director. Previously, Mr. Kengelbach was a Director at AlixPartners working as a financial restructuring and operational turnaround advisor as well as interim COO. Prior to this, he worked as the Managing Director and CFO of the Byrd Hoffman Water Mill Foundation in New York, and as a strategy consultant with McKinsey & Co. in Munich. Mr. Kengelbach holds an MBA from Kellogg School of Management, Chicago, an Engineering Science master’s degree from the Ecole Centrale Paris, and a Mechanical Engineering master’s degree from the Technical University Munich. He is a Certified Restructuring and Insolvency Advisor (CIRA).