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.

Read this next

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<