20 October 2017
visit www.avoka.com

Deutsche Börse MD Rainer Riess to quit

28 November 2012  |  1277 views  |  0 Source: Deutsche Börse

Rainer Riess (46), Managing Director of Deutsche Börse AG and Deputy Chairman of the Board of Management of the Frankfurt Stock Exchange, will leave Deutsche Börse Group, effective 30 June 2013, having worked for the Group for 24 years.

He will hand over his responsibilities for the Group's cash market effective 31 December 2012. As announced previously, the Xetra division and derivatives business will be jointly managed by Deputy CEO Andreas Preuss (56) from 2013 onwards. Also as announced, Frank Gerstenschläger (52), the Executive Board member responsible for Deutsche Börse's cash market, has opted not to extend his contract when it expires on 31 March 2013.

Rainer Riess leaves the company in best mutual consent in order to devote more time to pursue his personal interests.

Dr Reto Francioni, CEO of Deutsche Börse Group, said: "Rainer Riess has been a driving force behind the development of Deutsche Börse Group's cash market businesses. We would like to thank him for his tremendous commitment to the company." 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
satelliteGates Foundation backs Ripple collaboratio...
8411 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8236 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7387 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6772 views comments | 10 tweets | 21 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6428 views comments | 14 tweets | 23 linkedin

Featured job

circa £250K total package

Find your next job