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.

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

Nick Jue (Board Chairman of ING-DiBa AG)

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.

Dr. Cornelius Riese (Member of the board of DZ Bank AG)

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

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

Frank Westhoff (Chair of the board of the Frankfurt Institute for Risk Management and Regulation (FIRM))

Gerhard Wiesheu (Partner B. Metzler seel. Sohn & Co. Holding 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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