Joachim Nagel to step down from Deutsche Börse’s Supervisory Board

Maria Nikolova

Andreas Gottschling is expected to be appointed as successor in early July.

Deutsche Börse AG today announces that Joachim Nagel is set to leave its Supervisory Board on June 30, 2020.

Joachim Nagel

Mr Nagel has been a member of the committee since May 2018 and is currently Chairman of the Risk Committee. On November 1, 2020, Mr Nagel will also leave the Executive Board of KfW Group to join the Bank for International Settlements in Basel (BIS).

Andreas Gottschling is expected to be appointed as his successor on the Supervisory Board of Deutsche Börse at the beginning of July. Mr Gottschling has been a member of the Board of Directors of Credit Suisse Group in Zurich since April 2017. He serves as Chairman of the Risk Committee, and member of the Audit and the Governance & Nominations Committee.

The Supervisory Board of Deutsche Börse AG has a total of 16 members.

Speaking of changes among Deutsche Börse’s top ranks, let’s recall that, in May this year, the Group announced that Martin Jetter was elected as new Chairman of the Supervisory Board. He has been a member of the board since 24 May 2018. Mr Jetter has held a number of leading positions at IBM in Germany and abroad. He is currently Senior Vice President & Chairman IBM Europe, based in Madrid, and a member of the IBM Corporation Management Board at the top management level.

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