Michael Diederich, born on 28 August 1965 in Koblenz, joined the board of FC Bayern München AG on 1 April 2023. He has been executive vice chairman and chief financial officer since the end of May 2023. Diederich studied business administration, earned an MBA in the USA and began his career at an auditing firm. In the mid-90s, he joined what was then Vereinsbank AG. After holding various positions within the bank, Diederich became the board member for investment banking in 2015 and CEO of Unicredit Bank in 2017. While in that role he was a member of the group executive committee of the Unicredit Group in Milan.