Executive board reshuffle at Eurex
28 June 2018 London
Image: Shutterstock
Jeffrey Tessler has been appointed as chairman at both Eurex Frankfurt and Eurex Clearing.
Tessler will replace Hugo Bänziger, who has been in the role since 2012, as he resigns at his own request.
As part of the appointment, Gregor Pottmeyer has been elected as vice chair.
Thomas Book, CEO of Eurex Frankfurt, said: “We are delighted to welcome Jeffrey Tessler as our new Chairman.”
Book added: “We will benefit tremendously from his profound industry experience and clear client focus. At the same time, I cannot thank Hugo Bänziger enough for his work, his commitment and his guidance. He brought Eurex forward and accompanied us through times of change by constantly bringing his industry experience to our business. This helped us to benefit from new legislation like the European Market Infrastructure Regulation and made Eurex what it is today.”
In the new term, the number of board directors has decreased from nine to three.
Tessler and Pottmeyer will be joined by Hauke Stars.
The previous members Richard Berliand, Serge Demolière, Martin Klaus, Susanne Klöss, Petra Roth and Jürg Spillmann have left the supervisory board.
The Eurex Clearing supervisory board will be joined by the five most active participants of the partnership programme. These include Charles Bristow of J.P. Morgan, Nikolaus Giesbert of Commerzbank, Stefan Hoops of Deutsche Bank, Raphael Masgnaux of BNP Paribas and Thilo Roßberg of LBBW. Alongside the partnership programme, Jutta Doenges from Deutsche Finanzagentur was elected.
Altogether, Eurex Clearing’s supervisory board comprises twelve seats.
Erik Müller, CEO of Eurex Clearing, said: “The inclusion of five client representatives in the Supervisory Board marks further progress for the Eurex Clearing partnership programme.”
“I welcome the new supervisory board members and their contributions to establishing a liquid alternative to clear Euro-denominated OTC interest rate derivatives in the EU27.”
Tessler will replace Hugo Bänziger, who has been in the role since 2012, as he resigns at his own request.
As part of the appointment, Gregor Pottmeyer has been elected as vice chair.
Thomas Book, CEO of Eurex Frankfurt, said: “We are delighted to welcome Jeffrey Tessler as our new Chairman.”
Book added: “We will benefit tremendously from his profound industry experience and clear client focus. At the same time, I cannot thank Hugo Bänziger enough for his work, his commitment and his guidance. He brought Eurex forward and accompanied us through times of change by constantly bringing his industry experience to our business. This helped us to benefit from new legislation like the European Market Infrastructure Regulation and made Eurex what it is today.”
In the new term, the number of board directors has decreased from nine to three.
Tessler and Pottmeyer will be joined by Hauke Stars.
The previous members Richard Berliand, Serge Demolière, Martin Klaus, Susanne Klöss, Petra Roth and Jürg Spillmann have left the supervisory board.
The Eurex Clearing supervisory board will be joined by the five most active participants of the partnership programme. These include Charles Bristow of J.P. Morgan, Nikolaus Giesbert of Commerzbank, Stefan Hoops of Deutsche Bank, Raphael Masgnaux of BNP Paribas and Thilo Roßberg of LBBW. Alongside the partnership programme, Jutta Doenges from Deutsche Finanzagentur was elected.
Altogether, Eurex Clearing’s supervisory board comprises twelve seats.
Erik Müller, CEO of Eurex Clearing, said: “The inclusion of five client representatives in the Supervisory Board marks further progress for the Eurex Clearing partnership programme.”
“I welcome the new supervisory board members and their contributions to establishing a liquid alternative to clear Euro-denominated OTC interest rate derivatives in the EU27.”
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