High-ranking and Efficient

The goals of Frankfurt Main Finance require a strong interconnection of economics and politics; credibility is achieved through, on the one hand, the support of political and commercial representatives and, on the other hand, an efficient handling of projects. Frankfurt Main Finance has resolved this delicate balance through the form and organisational structure of the association. The central committees are the executive committee, the management and working groups. In addition, the bylaws provide for a management board, which is selected by the meeting of the members. Moreover, the meeting of the members establishes the budget, formally approves the actions of the management board, the executive committee and the management and makes decisions on amendments to the bylaws and the dissolution of the association.

Executive Committee

The Executive Committee manages the association. It is composed of up to twelve members and is selected by the management board. Through the manning with high-ranking figures from the member organisations, the necessary strength is imparted to the Initiative both within the organisations themselves and in the broad public.

Members of the Executive Committee

Dr. Lutz Raettig (Chairman of the Executive Committe and Chairman of the Supervisory Board of Morgan Stanley Bank AG)

Dr. Lutz Raettig

Dr. Lutz Raettig

“We, investment bankers, particularly benefit from the intellectual attraction of the city. Nowhere is the link between financial theory and practice as close and as relevant as at the home of the ECB.”

Dr. Lutz R. Raettig is Chairman of the Supervisory Board of Morgan Stanley Bank AG, Frankfurt since February 1, 2005 and serves as a director of Morgan Stanley International Bank Ltd. London.

From 1995 to 2005 Lutz Raettig was Chief Executive Officer of Morgan Stanley Bank AG, Frankfurt. In addition he held the post of Vice Chairman Europe and Country Head for the group in Germany and Austria. Before joining Morgan Stanley, he spent eight years as Executive Vice President at Commerzbank AG in Frankfurt and New York, where his positions included Head of Investment Banking, Head of Global Corporate Banking and finally Co-Head of North America in New York. Dr. Raettig had previously worked for 18 years at Westdeutsche Landesbank (WestLB) in Düsseldorf, Frankfurt, London (Orion Banking Group) and New York, mainly in the areas of investment banking, capital markets and corporate banking. Between 1978 and 1982 he was based in New York as Co-Head North America.

Born in Berlin in 1943, Lutz Raettig obtained his high school-leaving certificate (Abitur) in Bremen and went on to study business administration and economics in Hamburg. After graduating in 1967 he received his PhD in 1969. From 1967 to 1970 he worked as an assistant professor at Hamburg University.

Dr. Lutz R. Raettig holds a number of positions in the financial centre Frankfurt. Inter alia, he is an honorary member of the Municipal Council of the City of Frankfurt am Main, Chairman of the Frankfurt Stock Exchange Council, a member of the Board of Directors of the Association of German Banks, a Member of the Supervisory Board at Clearstream International, a Member of the Supervisory Board of exhibition company Messe Frankfurt, Vice President of the Frankfurt Chamber of Industry and Commerce and the VhU Employers’ Federation of Hesse, Chairman of the Banking Committee at Frankfurt Chamber of Industry and Commerce, a Member of the Supervisory Board of the public utility company Stadtwerke Frankfurt am Main Holding GmbH and the municipal transport company VGF Frankfurt, and a Member of the Board of Directors of the American Chamber of Commerce in Germany and the German American Chamber of Commerce in New York.

Lutz Raettig’s cultural commitment to Frankfurt includes seats on the boards of trustees of the Alte Oper Concert hall, the Schirn Museum and the English Theatre.

Tarek Al-Wazir (Federal State Minister, Hessian Ministry of Economics, Energy, Transport, Urban and Regional Development)

Uwe Becker (Treasurer of the city of Frankfurt am Main)

Uwe Becker

Uwe Becker

“Life is too short and important to just waste it on yourself.”

Uwe Becker is city treasurer of Frankfurt/Main. In addition he is department head and responsible for city investments, the Frankfurt RheinMain region and church affairs in the city.

Although he was born in Bad Homburg, Uwe Becker is a dye-in-the-wool Frankfurter. He grew up in the municipality of Nieder-Eschbach. This was once a town in its own right but since 1972 it has been part of Frankfurt am Main. He completed his Abitur (A levels) at the Ziehen School in Frankfurt. After doing military service, he did a bank apprenticeship at the Frankurt Sparkasse where he worked as a personnel specialist. The treasurer’s political career began early. He quickly became the chairman of the Jungen Union (young Christian Democrats) for North East Frankfurt. In 1991, at age of 22, he became chairman of the CDU in Nieder-Eschbach. From 1993 to 1995, he was the chairman of the CDU parliamentary group in the local advisory committee 15 (Nieder-Eschbach). He successfully stood as candidate for the city parliament in Römer in 1995. He first worked as the deputy group chairman from 1999 to 2001 and then entered politics full-time, becoming chairman and leader of the CDU group in Römer. On the 13 July 2006, he was voted to the permanent city council in Frankfurt and became head of the social, youth and sport departments. In April 2007, he was appointed as city treasurer.

Uwe Becker is the deputy chairman of the Frankfurt CDU association and regional party chairman of the local politics union (KPV) in Hessen. He has recently been accepted onto the steering committee of the Hessian association of cities.

As member of the board of the Messe Frankfurt GmbH, Uwe Becker works for the Mainova AG and is on the consortium board of Fraport AG. He is also active further afield as the honorary president of the French-German society; as member of the steering committee of the Steuben Schurz Society and in numerous other social and sporting associations.

Roland Boekhout (Board Chairman of ING-DiBa AG)

Roland Boekhout

Roland Boekhout

“Every credit institute has felt the impact of the financial and debt crisis. As a financial center Frankfurt has been in sharp focus as a hallmark of the German financial sector. It has to be a central objective of the banks to regain the lost confidence not only of their customers but also of society as a whole. The decisive signals pointing to an enhanced transparency of the banking business, an identifiable responsibility towards customers and society and a sustainable business policy should therefore come from a powerful banking center – Frankfurt.”

Roland Boekhout, born in 1963, studied business administration at the Erasmus University in Rotterdam, Netherlands. He then completed the General Management Program CEDEP at the INSEAD in Fontainebleau, France. His professional career took off in 1988 at Unilever in the Netherlands. In 1991 he switched over to the ING Group and started there as the ING Bank’s Senior Credit Analyst. After various postings in the Netherlands, the USA, Poland and Mexico, he took up the position of CEO of ING Commercial Banking Central and Eastern Europe as from 2008 and was thus responsible for the bank’s results in the eleven countries of that region, which are combined in the division ING Commercial Banking in Central and Eastern Europe. Since October 1, 2010 Roland Boekhout has held the office of Board Chairman of ING-DiBa. He is also a member of the Leadership Council of the ING Group, the body composed of the top 20 managers in the ING Group.

Thomas Groß (Deputy Chairman of the Board of Management, Helaba)

Wolfgang Hartmann (Chair of the board of the Frankfurt Institute for Risk Management and Regulation (FIRM))

Wolfgang Hartmann

Wolfgang Hartmann

“As a result of the financial market crisis, in the coming years all aspects of risk management will undergo critical scrutiny. Important impetus for increasing the efficiency of risk management, which must prove itself in practice, will be given here by the regulatory and supervisory institutions, but also by the academic world. With the new Institute for Risk Management, I anticipate that Frankfurt will develop into the centre of expertise for risk management in research and teaching”.

Wolfgang Hartmann has devoted the last 16 years of his work to risk management: from 1993 to 2000 as head of the Central Credit Department and from 2000 to 2009 as Director and Chief Risk Officer (CRO) of the Commerzbank Gruppe, from which he retired in May 2009, shortly before reaching his 60th birthday.

As a former long-serving member of the Global Risk Management Round Table of the Risk Management Association, Philadelphia (RMA), the G8 Round of CROs of large German banks (which he set up himself), the Initiative Finanzstandort Deutschland (Initiative for Germany as a Financial Centre), where he was head of the working party on financing of medium-sized businesses, the Steering Committee on Regulatory Capital of the IIF, the Financial Service Expert Panel of the European Parliament and the Committee for Risk Policy of the Federal Association of German Banks, he has a multitude of contacts and a great wealth of experience in all aspects of risk management for banks.

He entered the Commerzbank in 1976 and worked there for more than 33 years. From 2000, he was responsible for all aspects of risk as CRO on the board. His period in office coincided with the certification of the internal market risk model and the implementation of Basel II, among other events. A multitude of external seats during his period as director round off his expertise, for example as chair of the board of Commerz Leasing Immobilien and of Commerz Grundbesitz, as acting chair of the board of Pro7Sat1, as a member of the boards of Vaillant AG, Adolf Ahlers AG, Essenhyp AG and Eurohypo AG .

As well as being head of the Frankfurt Institute for Risk Management and member of the executive committee of Frankfurt Main Finance, Wolfgang Hartmann today acts as co-editor of “Bankpraktiker” and as a member of the council of the accadis University of Bad Homburg. In addition, he is still a member of the board of trustees of the “Gesellschaft der Freunde von Bayreuth” (Society for the Friends of Bayreuth).

Lars Hille (Member of the board of DZ Bank AG)

Lars Hille

Lars Hille

“With the great success of the investment certificates, we have provided impressive proof of the innovative strength of the financial centre. This is where the products developed in Germany are setting the benchmarks in Europe. Frankfurt is the centre of the certificate industry.”

Lars Hille is a board member of DZ Bank AG (Deutsche Zentral-Genossenschaftsbank), Frankfurt on the Main. In this role, he is responsible for the Capital Markets Trading, Capital Markets Retail, Capital Markets Equity Clients, Research and Economics divisions. In addition, he is head of department for the Sparda and PSD banks, responsible for Volksbanken Raiffeisenbanken and the cooperative associations in Bavaria.

He started his career after training as a bank officer and studying business management at the consultancy Mummert & Partner, specialising in the area of banking. In 1993, he moved to Deutsche Börse as product manager for securities trading systems. In 1998, Lars Hille joined the cooperative finance association as head of department for stockbroking transactions at DG Bank. After occupying various positions at DG Bank and subsequently DZ Bank, he was appointed a member of the board of DZ Bank in October 2007.

Besides this job, Lars Hille is President of the supervisory board of DZ PRIVATBANK Schweiz AG as well as a member of the steering board of Deutscher Derivate Verband.

Dr. Johannes Reich (Partner B. Metzler seel. Sohn & Co. Holding AG)

Dr. Johannes Reich

Dr. Johannes Reich

“In order for a financial center to evolve, there must be talented players and an attractive environment. We cannot simply wait for the government – we must assume responsibility ourselves.”

Johannes Reich is a personally liable partner of B. Metzler seel. Sohn & Co. KGaA and a member of the Executive Board of B. Metzler seel. Sohn & Co. Holding AG. He is responsible for the business area Corporate Finance and for the Corporate Communications and the Legal departments. In 2014 he also became Head of Metzler’s Information Systems department. Johannes Reich joined the bank in October 1996 as Head of Metzler Equity Research. In 2003 he was appointed Head of Equities and in 2008 he was also placed in charge of Corporate Finance. Johannes Reich became a partner in 2005 and has been a member of the Executive Board of B. Metzler seel. Sohn & Co. Holding AG and a personally liable partner of B. Metzler seel. Sohn & Co. KGaA since 2012.

Before joining Metzler, Johannes Reich spent two years in Morgan Stanley International’s European Equity Research Department in London and subsequently headed the Equity Research Department at Morgan Stanley Bank AG in Frankfurt am Main. He began his banking career in investment research at the Hamburg-based bank M.M. Warburg & Co. in 1990. Before that, he worked for six years as an academic assistant, research associate and senior engineer at RWTH Technical University in Aachen and at Bamberg University. He graduated from Karlsruhe University with a degree in business administration and engineering in 1983 and gained a doctorate from Bamberg University in 1989 with a thesis on financing nuclear waste disposal. Johannes Reich is a member of the Board of Trustees of the Goethe Business School at Frankfurt University, a member of the Central Committee of ICC Germany e.V.(International Chamber of Commerce, Berlin), a member of the Advisory Board of the DVFA (German Association of Financial Analysis and Asset Management), a member of the Frankfurt Stock Exchange Council and a member of the board of the Frankfurt Main Finance e.V.

Robert Restani (Chief Executive of Frankfurter Sparkasse)

Dr. Robert Restani

“Frankfurter Sparkasse is the fourth-largest savings bank in Germany. Over 40 per cent of Frankfurt’s citizens trust their savings bank to give them advice in all aspects of financial services. Apart from its commercial activities, for generations Frankfurter Sparkasse has assumed a social responsibility, actively supporting and shaping the life of the people of Frankfurt and the future of the region. We are proud of our nearly 200-year old tradition in the financial centre of Frankfurt. As the market leader in the retail banking sector, we are also involved in Frankfurt Main Finance”.

Robert Restani has experience in the banking sector spanning a number of decades and maintains an excellent network, particularly in the Rhine-Main area. Since November 2015, he has held the position of Chief Executive of Frankfurter Sparkasse. Previously, he led Sparkasse Hanau as the Chief Executive and was responsible for corporate management and branch operations. Between 1999 and 2007, Robert was a member of the Executive Board at KarstadtQuelle Bank AG and at Taunus Sparkasse as well as a deputy member of the Executive Board at WestLB AG. A native of Duisburg who holds a degree in business administration, he began his professional career as a graduate trainee at Deutsche Bank. He held various posts there between 1982 and 1998, mainly in sales divisions, managed the Stuttgart-based sales support team for southwest Germany and finally assumed management roles in the bank’s Frankfurt headquarters.

Aside from his position as a board member at Frankfurt Main Finance, Robert Restani also holds further mandates. Since November 2015, he has been the deputy Chairman of the Supervisory Board of 1822direkt GmbH as well as Deutsche Leasing AG. Furthermore, Robert is also involved in voluntary activities, among other things as a board member and treasurer for the Taizhou-Hanau Friendship Association.

Christian Sewing (Member of the Management Board of Deutsche Bank AG)

Hauke Stars (Member of the Executive Board, Deutsche Börse AG)

Eva Wunsch-Weber (Chairwoman of the management board of Frankfurter Volksbank eG)

Eva Wunsch-Weber

Eva Wunsch-Weber

“With its 150 years of tradition, Frankfurter Volksbank is an authentic, reliable, and trustworthy partner for the people in the Frankfurt-Rhine-Main region and also an important constant within the economic, cultural and sociopolitical environment. For this reason we are also engaging in Frankfurt Main Finance.”

Eva Wunsch-Weber was born in 1964. Following her professional training as a banker, she studied business economics and successfully graduated in 1991.

Eva Wunsch-Weber has a profound know how and many years of experience in the banking sector. Having served Commerzbank AG for two years, she joined Frankfurter Volksbank eG in 1993. From 1997 on she took over responsibility for the administrative office of the management board and in parallel commenced to work as a lecturer for general business economics at the Bankakademie (now: Frankfurt School of Finance & Management) and continued this additional task until 2003. In 2000 Mrs. Wunsch-Weber was appointed head of the Basic Policies and Procedures department which was extended to also include the Human Resources function in 2004. From 2002 to 2011 she has also been a member of the board of directors of Frankfurter Volksbank International S. A., Luxembourg.

Following functions as a director and chief representative, Mrs. Wunsch-Weber was appointed as a deputy member of the management board in 2008 and as a full member of the management board in 2009. In 2010 she was appointed vice chairwoman of the board, and since April 25, 2012, Eva Wunsch-Weber is chairwoman of the management board of Frankfurter Volksbank eG.

Eva Wunsch-Weber is member of several committees and other bodies including member of the supervisory board of BAG Bankaktiengesellschaft, Hamm. Furthermore she is a member of the general assembly of the Chamber of Commerce and Industry, Frankfurt am Main, and engages in several honorary offices such as e.g. member of the board of trustees of Gesellschaft für Kapitalmarktforschung.

Management

Hubertus Väth,
Managing Director Frankfurt Main Finance e.V.

The executive committee appoints one or more professional managing directors. They assume the tasks of day-to-day work. They thereby work together closely with the president and the standing committee. NewMark Finanzkommunikation GmbH is currently assigned with the management, which has appointed Hubertus Väth as managing director.

The Standing Committee

A working group consisting of delegates of the executive committee prepares its decisions. It meets four times per year and coordinates all questions regarding current work, also with the management. As such, the highest possible efficiency in the coordination of the day-to-day work between the executive committee and the management is ensured.

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