Michael Steinbach to replace Ben Haasdijk as Equens chairman

Source: Equens

On 1 May 2007, Ben Haasdijk (1943) will step down as Chairman of the Board of Directors of Equens.

His successor will be Michael Steinbach, currently Deputy Chairman of the Board of Directors. Haasdijk joined Interpay's Board of Directors in 1999 and has held the position of Chairman since 2004. He will retire on 1 May. The Supervisory Board has nominated Mr Jan Sonneveld for membership of the Board of Directors of Equens as from 1 May 2007. Mr Sonneveld is currently General Manager Risk Management.

Michael Steinbach (1961) is currently Deputy Chairman of the Board of Directors and is responsible for Marketing & Sales, as well as Payments Operations. He has been spokesman for the Board of Directors of Transaktionsinstitut für Zahlungsverkehrsdienstleistungen AG (TAI) since July 2003. Prior to his employment at TAI in 2003 he was a director of DZ BANK AG (Deutsche Zentral- Genossenschaftsbank), where he headed the Payments department.

During his career Steinbach has gained extensive experience in payments. In 1985 he became the head of the electronic payments department at the then "Genossenschaftliche Zentralbank" or GZB-Bank (cooperative central bank) in Stuttgart. Since then he has headed increasingly large and complex payment divisions formed by mergers in the German banking world. Steinbach is a member of many significant national and international payment committees.

Jan Sonneveld (1961) entered the employment of Equens' legal predecessor(s) in 1989. He currently holds the position of General Manager Risk Management and is a member of Equens' Management Team. He is also a member of the Global Fraud Advisory Committee MasterCard International.

Board of Directors as from 1 May 2007
  • Michael Steinbach (Chairman)
  • Drs. Antoon Kuijpers, MBT
  • Dr. Götz Möller
  • Jan Sonneveld

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