History of the ifb group

1989	Founding of "ifb - Institut für betriebswirtschaftliche Beratung der Kreditwirtschaft, Horst Will & Partner", with a focus on risk management consulting
1990	Start of in-house software development
1991	Consulting and software range expanded by controlling solutions
1992	Service portfolio expanded to include regulatory law
1995	Start of the partnership with SAP AG (since 2002 as a Special Expertise Partner)
2000	ifb GmbH becomes also a training company
2001	Service portfolio expanded to include consulting and software for insurance companies
	Transformation of ifb GmbH into ifb AG. The company’s founder Horst Will appointed supervisory board chairman; Dr. Walter Herzog and Claus Stegmann appointed executive board members
	Start of VR Control project at hundreds of cooperative banks throughout Germany supported by ifb AG
2002	Expansion of consulting and software services to industries outside of the financial sector, initially focussing on risk management consulting
2003	Expansion of the service portfolio to include strategy consulting
2004	Expansion of the service portfolio to include accounting, reporting and audit-related consulting
	Founding of ifb International AG and regional ifb companies in Switzerland and China, expansion of international ifb group business
2005	In cooperation with four other corporate consulting companies, ifb group establishes BPM International, Europe’s first integrated consulting network for business performance management
2006	Founding of ifb Lux S.A. in Luxembourg
2007	Establishment of further ifb group companies (USA, France, Austria, Slovakia, Hungary and Poland)
2008	Expansion of the service portfolio to include business intelligence technologies
	Claus Stegmann and Christian Moser form the ifb AG executive board
	Helmut Späth elected chairman and Horst Will honorary chairman of the ifb AG supervisory board
2009	Opening of the new ifb AG company headquarters at Rheinauhafen in Cologne
	Software division hived off to the newly founded parcIT GmbH (Germany) with continued close cooperation
	SAP Core Banking hived off to the newly founded Axxiome Group (Germany, Switzerland, Poland, Uruguay)