FRANKFURT — Hering Schuppener Consulting has appointed Olaf Zapke, the long-standing Germany editor-in-chief of financial news and data provider Thomson Reuters, as the new managing director of its Frankfurt office.

Zapke, who joins the agency this August in the newly-created role, is the second senior hire at Hering Schuppener in recent weeks, after Thomas von Oehsen joined the capital markets team in March.

As Thomson Reuters’ editor-in-chief for Germany, Switzerland, Austria and Balkans, general manager Europe and managing director for Germany, Zapke has nearly three decades of experience in the media industry. He started his career at the Deutsche Presse-Agentur, where he was a correspondent covering topics such as banks/ECB, the economy, mergers and acquisitions and IPOs.

Hering Schuppener Consulting managing partner Alexander Geiser said: “The current corona pandemic once again shows just how closely politics, the media and the capital markets are interlinked. Experience and deep insights are critical success factors in complex situations. Olaf Zapke is a media professional who contributes precisely this experience and is also an expert on the international media landscape and capital markets. This combination makes him a much sought-after adviser for our clients and a valuable addition to our team.”

Zapke added: “I am extremely pleased to be able to contribute my international experience as a media manager to Germany's leading communications and strategy consultancy. The current historic period of upheaval significantly illustrates the enormous importance of professional and sustainable consulting for companies and institutions.”