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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 the Frankfurt Stock Exchange 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
NameCompanyVoter Group
Currently, two seats on the Exchange Council are vacant, the respective seats are those of voter group 4 – lead brokers.

Dr Lutz Roger Raettig (Chairman)

Morgan Stanley Bank International Limited, German Branch, Managing Director

1c – other credit institutions

Dr Werner Brandt (Deputy Chairman)

SAP AG, Member of the Executive Board

6 – issuers
Daniel FörtschWalter Ludwig Wertpapierhandels Gmbh, Managing Director3 - financial service providers

Prof Peter Gomber

Investor Representative, Goethe-Universität Frankfurt / Main

7 – investors

Thomas Grünewald

BNY Mellon Service Kapitalanlage-Gesellschaft mbH, Managing Director

2 – investment banks

Lars Hille

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

1a – cooperative credit institutions
Rainer KrickLandesbank Hessen-Thüringen Girozentrale, Member of the Executive Board1b – credit institutions under public law
Dr Stephan LeithnerDeutsche Bank AG, Member of the Executive Board1c – other credit institutions
Dr Johannes ReichBankhaus B. Metzler seel. Sohn & Co KGaA, Personally Liable Partner1c – other credit institutions
Michael ReutherCommerzbank AG, Member of the Executive Board1c – other credit institutions
Heinz-Jürgen SchäferInvestor Representative7 – investors

Carola Gräfin von Schmettow

HSBC Trinkaus & Burkhardt AG, Member of the Executive Board

1c – other credit institutions
Michael Wilhelm N.M.F. AG, Member of the Executive Board3 – financial service providers

Stefan Winter

UBS Deutschland AG, Member of the Executive Board

1c – other credit institutions
Dr Matthias ZieschangFraport AG, Member of the Executive Board6 – issuers
Permanent Guest: Dr Stephan BredtMinistry for Economics Transportation and State Development for the State of Hessen

Permanent Guest: Karsten Hiestermann

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

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