Management

Management Team
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Frank Niehage, LL.M.
CEO Short-CV
Frank Niehage has vast experience across all segments of retail and commercial banking, working as Managing Director at Goldman Sachs until August 2014 when he joined flatexDEGIRO. In previous positions, he was instrumental in the growth of Bank Sarasin AG as CEO in Germany.
Prior to this he had served in various senior positions at Commerzbank, Credit Suisse, UBS and international law firm Beiten Burkhardt, both in Germany and internationally, especially in Asia.
Frank is an attorney at law in Germany and has received his Master of Laws majoring in international economics from the University of Houston Law Center.
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Muhamad Said Chahrour
Deputy CEO & COO Short-CV
Before joining flatexDEGIRO in 2015, Muhamad Said Chahrour was CFO at Lamudi, one of Rocket Internet SE’s core ventures, and primarily responsible for the financial funding and investor relations of the global entities with more than 500 employees.
He previously worked in M&A and Transaction Services at UBS and pwc where he managed multiple transactions with a total deal volume of more than EUR 2 billion.
Muhamad has a strong track record of excellent work results and exceptional expertise and experience across the sectors of corporate finance, credit and investment management, and business development. Muhamad holds a Master of Science degree in quantitative finance from the University of Bath School of Management.
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Dr. Benon Janos
CFO
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Stephan Simmang
Chief Technology Officer
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Dr. Matthias Heinrich
Chief Risk Officer
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Steffen Jentsch
Chief Process Officer
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Christiane Strubel
Chief HR Officer
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Giscard Monod de Froideville
Chief Marketing Officer
Supervisory Board
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Martin Korbmacher
Chairman of the Supervisory Board
(flatexDEGIRO AG and flatexDEGIRO Bank AG) Short-CVAfter finishing his studies of mathematics, physics and computer science Martin Korbmacher started his career 1991 at JP Morgan where he served as Head of Trading before joining Dresdner Kleinwort in 1997 as Global Head of Fixed Income Trading, where he took responsibility as Global Head of Equites in 2000.
In 2005 Martin took over as Head of the Investment Banking Division at Credit Suisse for Germany and Austria and played a key role in the successful growth of the business activities.
In 2011, he founded Event Horizon Capital & Advisory and has been advising multiple companies in the area of corporate finance and innovation. Since 2014 Martin Korbmacher is the chairman of the supervisory board of flatexDEGIRO AG and since 2017 also of flatexDEGIRO Bank AG.
For the first time appointed to:
October 30, 2014
Elected until: 2025Name: Dipl. Math. Martin Korbmacher
Born: 1965
Nationality: German
First Appointment: 2014
Until: 2025Current Position:
- Managing Director Event Horizon Capital & Advisory GmbH (since 2011)
- Managing Director arsago ACM GmbH (since 2014)
Professional Career:
- 2005–2011 Credit Suisse Securities (Europe) Limited, Frankfurt/Main, Branch Manager / Head of Investment Banking Division Germany and Austria / Managing Director
- 1997–2004 Dresdner Kleinwort Wasserstein, Frankfurt/Main, London, Member of the Executive Committee, Head of Global Equities, Global Head of Fixed Income Trading
- 1991–1996 JP Morgan, Frankfurt/Main, Head of Fixed Income Trading
Qualification:
- 1984–1991 Mathmatics, Physics and Computer Science Studies, Bielefeld (Diplom Mathematiker)
Group Mandates:
- Chairman of the Supervisory Board flatexDEGIRO AG (listed company)
- Chairman of the Supervisory Board flatexDEGIRO Bank AG (non-listed company)
Other Supervisory Board Mandates:
- Chairman of the Supervisory Board innoplexus AG, Eschborn, resignation 8 March 2021 (non-listed company)
- Chairman of the Supervisory Board SGT German Private Equity GmbH & Co. KGaA, Frankfurt am Main, since 2013 (listed company)
- Member of the Supervisory Board PTV Planung Transport Verkehr AG, Karlsruhe, since 2020 (non-listed company)
- Chairman of the Board of Directors Starmind AG, Küsnacht, Switzerland, until rotational cessation on 10 August 2020 (non-listed company)
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Stefan Müller
Deputy Chairman of the Supervisory Board (flatexDEGIRO AG) and member of the Supervisory Board (flatexDEGIRO Bank AG) Short-CV
Stefan Müller started his banking career in 1985 with Bayerische Hypo- und Vereinsbank (today: HVB, subsidiary of UniCredit) and went through different roles, including the securities and private banking business. In 2002, he joined the former flatex Holding AG and became member of the board until 2014.
Today, he is the general representative of Börsenmedien AG, one of the leading financial media companies in Germany. Stefan is vice chairman of the supervisory board of flatexDEGIRO AG and member of the supervisory board of the flatexDEGIRO Bank AG.
For the first time appointed to:
February 23, 2017
Elected until: 2025.Born: 1969
Nationality: German
First Appointment: 2017
Until: 2025Current position: General representative Börsenmedien AG, Kulmbach (since 2016)
Professional Career:
- since 2016 general representative Börsenmedien AG
- 2002–2016 flatexDEGIRO AG (former United Capital Management AG, flatex AG, flatex Holding AG, FinTech Group AG), member of the Board, general representative, authorized signatory
- 1985–2002 Bayerische Hypo- und Vereinsbank AG, various positions
Qualification:
- 1991–1995 Studies in banking business administration, Bayreuth
- 1996–1997 Management studies at Bankakademie, Nürnberg
Group Mandates:
- Deputy Chairman of the Supervisory Board flatexDEGIRO AG (since 2017)
- Member of the Supervisory Board flatexDEGIRO Bank AG, Frankfurt am Main (since 2015)
Other Supervisory Board Mandates:
- Deputy Chairman of the Supervisory Board Finlab AG, Frankfurt am Main (since 2017, listed company)
- Deputy Chairman of the Supervisory Board Heliad Equity Partners GmbH & Co. KGaA, Frankfurt am Main (since 2016, listed company)
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Hans Peter Peters
Deputy Chairman of the Supervisory Board (flatexDEGIRO Bank AG) Short-CV
Hans Peter Peters founded Peters Associates AG in 1999 and merged this company with the global M&A firm Lincoln International in January 2006. Here he acted as Vice-Chairman of Lincoln International LLC.
Previously, he was Chief Executive Officer and Country Head of UBS AG/ Warburg Dillon Read in Germany.
Prior to that, Hans Peter Peters was Chief Financial Officer of VIAG AG, Chairman of the Board of Morgan Stanley Bank AG and Managing Director for Germany, Austria and Central Europe, Member of the Board of WestLB and Chairman of the Board of WestLB (Europe) AG in Düsseldorf. His career began at Citibank, where he spent thirteen years in their New York, Toronto, Paris, Stuttgart and Santiago de Chile offices.
Since his retirement in 2009, Hans Peter Peters has been active as Chairman of the Advisory Board of Lincoln International.For the first time appointed to: 2018
Elected until: 2023Current position: Chairman of the Advisory Board of Lincoln International
Professional career:
- 1972 – 1985 Citibank
- 1986 – 1988 Executive Vice President Westdeutsche Landesbank Girozentrale
- 1988 – 1992 Member of the Executive Board of Westdeutsche Landesbank Girozentrale
- 1990 – 1992 Chairman of the Managing Board of West LB (Europe) AG
- 1992 – 1995 Chairman of the Executive Board of Morgan Stanley Bank AG and Managing Director for Germany, Austria and Central Europe
- 1995 – 1996 Chief Financial Officer of VIAG AG
- 1996 – 1999 Chief Executive Officer and Country Head of UBS AG/Warburg Dillon Read in Germany
- 1999 – 2005 Founder and Chairman of the Board of Peters Associates AG
- 2006 – 2009 Chairman of the Supervisory Board of Lincoln International AG and Co-Chairman Lincoln International LLC
Qualification:
- Banking apprenticeship at Deutsche Bank AG
- Studied economics at the Universities of Cologne and Bonn - Graduated with a degree in economics
- Scholarship for studies at the American University in Washington D.C.
Group Mandates: Deputy Chairman of the Supervisory Board of flatexDEGIRO AG, Frankfurt am Main (since 2018)
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Aygül Özkan
Member of the Supervisory Board
(flatexDEGIRO AG and flatexDEGIRO Bank AG) Short-CVAygül Özkan began her career after graduating in law from the University of Hamburg in 1995 and passing her second state law examination at the end of 1997. Mrs. Özkan continues to practice as a licensed attorney.
From 2014 to 2020 she was Managing Director and member of the Management Group Germany at Deutsche Bank PCC Services GmbH and Deutsche Bank Kredit Service GmbH. Previously, Aygül Özkan was Minister for Social Affairs, Women, Family, Health, Construction and Integration in Lower Saxony (2010-2013) and in 2014 a member of the Lower Saxony state parliament.
Aygül Özkan is Managing Director of the German Property Federation (ZIA) and represents the leading association of the real estate industry in a wide range of political and business-oriented bodies. Since 2022 Aygül Özkan is Member of the Supervisory Board of flatexDEGIRO AG (listed) and flatexDEGIRO Bank AG (non-listed)
For the first time appointed to: January 2022 (flatexDEGIRO Bank AG) and May 2022 (flatexDEGIRO AG)
Elected until: 2023Born: 1971
Nationality: German
First Appointment: 2022
Until: 2023Current position: Managing Director / In-house Counsel of the Central Real Estate Committee e.V. (since 2020)
Professional Career:
- 2016 - 2020 Managing Director/Member of the Management Group Germany at Deutsche Bank PCC Services GmbH
- 2014 - 2016 Managing Director/Member of Management Group Germany at Deutsche Bank Kredit Service GmbH
- 2014 Member of the Lower Saxony State Parliament
- 2010 - 2013 Minister for Social Affairs, Women, Family, Health, Construction and Integration in Lower Saxony
- 2008 - 2010 Chairwoman of the Economic Committee / Member of the Hamburg Parliament
- 2005 - 2010 Branch Manager at TNT Post Regioservice GmbH, NL Hamburg
- 2004 - 2005 Head of Business Customer Sales at Deutsche Telekom AG
- 1999 - 2003 Key Account Manager at Deutsche Telekom AG, Regulation/Wholesale Division
Qualification:
- 1995 Law studies at the University of Hamburg – Graduation: First State Law Examination
- 1997 Second state law examination
Group Mandates:
- Member of the Supervisory Board flatexDEGIRO AG, Frankfurt am Main (since 2022)
- Member of the Supervisory Board flatexDEGIRO Bank AG, Frankfurt am Main (since 2022)
Other Mandates:
- Member of the Advisory Board Donner & Reuschel Privatbank
- Admitted attorney (Hamburg Bar Association)
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Herbert Seuling
Member of the Supervisory Board
(flatexDEGIRO AG) Short-CVIn 1983, Herbert Seuling finished his studies in business administration at the University of Bamberg and started his career as tax advisor. In 1987, he was appointed as certified tax advisory. In 1993 he joined Dr. Mehnert and Seuling Steuerberatungsgesellschaft as managing director and was founder of C.P.A. Dr. Mehnert & Seuling in 1997 which became one of the leading advisory companies in northern Bavaria with more than 100 employees.
He was member of the examination board for certified tax advisors for more than two decades.
Herbert retired end of 2017 and has dedicated his time in various advisory and supervisory roles. Since 2016 he is supervisory board member of flatexDEGIRO AG.
For the first time appointed to:
May 2, 2016
Elected until: 2025Born: 1958
Nationality: German
First Appointment: 2016
Until: 2025
Current Position: Managing Director M & S Monitoring GmbH, Kulmbach (since 2018)Professional Career:
- 2007–2017 C.P.A. Wirtschaftsprüfungsgesellschaft mbH, Founder and Managing Partner
- 2010–2017 C.P.A. Dr. Mehnert, Seuling & Collegen GmbH & Co. KG, Founder and Managing Partner
- 1997–2009 C.P.A. Dr. Mehnert & Seuling GbR, Founder and Partner
- 1993–1996 Dr. Mehnert & Seuling Steuerberatungsgesellschaft mbH, Managing Partner
- 1990–1992 Independent Tax Advisor
- 1988–1990 Dr. Andrä, Heilmann, Seuling GbR, Founder and Partner
- 1983–1987 Dr. Olaf Andrä, Wirtschaftsprüfer/Steuerberater, Employee, Tax advisor
Qualification:
- 1978 –1983 Master Studies in Business Adminstration, Bamberg (Diplom-Kaufmann)
Group Mandates:
- Member of the Supervisory Board flatexDEGIRO AG (since 2016, listed company)
Other Supervisory Mandates:
- Member of the Supervisory Board Heliad Equity Partners GmbH & Co. KGaA, Frankfurt am Main (since 2018, listed company)
- Member of the Supervisory Board TubeSolar AG, Augsburg (since 2019, listed company)
- Member of the Advisory Council Bionero GmbH, Thurnau (since 2018, non-listed company)