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Exchange Council

The Exchange Council is a key forum for discussing fundamental issues and developments at Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange). The Management Board requires the approval of the Exchange Council on all questions of fundamental significance. Among other things, the Exchange Council is responsible for the appointment, dismissal and supervision of the management board. Moreover, the Exchange Council issues the Exchange Rules, the Fee Regulations and the Conditions for Transactions on the Exchange.

The currently acting Exchange Council of Frankfurter Wertpapierbörse has 17 members who were elected on 25 November 2010 for a term of three years. The Exchange Council met for its constituent meeting on 27 January 2011.

Members of the Frankfurt Stock Exchange Exchange Council

Dr. Lutz Roger Raettig (Chairman)

Morgan Stanley Bank International Limited, Member of the Board

Dr. Werner Brandt (Deputy Chairman)

SAP AG, Member of the Executive Board

Prof. Peter Gomber

Investor Representative, Goethe-Universität Frankfurt / Main

Thomas Grünewald

BNY Mellon Service Kapitalanlage-Gesellschaft mbH, Managing Director

Lars Hille

DZ Bank AG Deutsche Zentral Genossenschaftsbank, Member of the Executive Board

Rainer KrickLandesbank Hessen-Thüringen Girozentrale, Member of the Executive Board
Torsten KuckN.M. Fleischhacker AG, Member of the Executive Board

Hermann-Josef Lamberti

Deutsche Bank AG, Member of the Executive Board

Michael ReutherCommerzbank AG, Member of the Executive Board
Heinz-Jürgen SchäferInvestor Representative

Friedrich von Metzler

Bankhaus B. Metzler seel. Sohn & Co KGaA, Personally Liable Partner

Carola Gräfin von Schmettow

HSBC Trinkaus & Burkhardt AG, Member of the Executive Board

Michael Wilhelm N.M.F. AG, Member of the Executive Board

Stefan Winter

UBS Deutschland AG, Member of the Executive Board

Permanent Guest: Karsten Hiestermann

Ministry for Economics Transportation and State Development for the State of Hessen

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