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Exchange Council

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 current Exchange Council of the Frankfurt Stock Exchange has 18 members who were elected on 1 December 2016 for a term of three years. The Exchange Council met for its constituent meeting on 25 January 2017.

Members of the Frankfurt Stock Exchange Exchange Council

NameCompanyVoter Group
Michael Rüdiger
DekaBank Deutsche Girozentrale, CEO1b – credit institutions under public law
Dr Matthias Zieschang
(Vice Chairman)
Fraport AG, Member of the Executive Board6 – issuers
Philip AllisonKCG Europe Limited, CEO3 – financial services providers
Nico BaaderBaader Bank AG, CEO1c – other credit institutions
Dr Christine BortenlängerInvestor respresentative, Deutsches Aktieninstitut e.V., Executive Member of the Board7 – investors
Richard FalkKerdos Investment AG TGV, Member of the Executive Board2 – capital investment companies
David FurlongVirtu Financial Ireland Limited, Managing Director3 – financial services providers
Bernd GegenheimerICF BANK AG Wertpapierhandelsbank, CEO4 – specialists
Prof. Peter GomberInvestor respresentative, Goethe-University Frankfurt/Main7 – investors
Lars HilleDZ Bank AG Deutsche Zentral-Genossenschaftsbank, Member of the Executive Board1a – cooperative credit institutions
Dr Immo QuernerTalanx AG, Member of the Executive Board5 – insurance companies
Dr Lutz R. RaettigMorgan Stanley Bank International Limited, German Branch, Managing Director1c – other credit institutions
Dr Johannes J. ReichBankhaus B. Metzler seel. Sohn & Co KGaA, Personally Liable Partner1c – other credit institutions
Michael ReutherCommerzbank AG, Member of the Executive Board1c – other credit institutions
Dr Marcus Schenck

Deutsche Bank AG, Member of the Executive Board

1c – other credit institutions
Carola Gräfin von SchmettowHSBC Trinkaus & Burkhardt AG, Chairman of the Management Board1c – other credit institutions
Ute WolfEvonik Industries AG, Member of the Executive Board6 – issuers
Boris ZigankeBankhaus Scheich Wertpapierspezialist AG, Member of the Executive Board4 - specialists
Permanent Guest:
Dr Stephan Bredt
Hessian Ministry of Economics, Energy, Transport and Regional Development 

Permanent Guest:
Karsten Hiestermann

Hessian Ministry of Economics, Energy, Transport and Regional Development


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