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Speaker of the Board of Managing Directors
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Member of the Board of Managing Directors
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Member of the Board of Managing Directors
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Member of the Board of Managing Directors
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Member of the Board of Managing Directors
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The Board of Supervisory Directors was formed in accordance with the principles of Corporate Governance and is composed of six members: two representatives of the German federal government - one representative of the Federal Ministry of Finance and one representative of the Federal Ministry of Economics and Technology - two representatives of industry and two representatives of KfW on the Board of Supervisory Directors.
The Board is responsible for advising the Managing Directors and supervising their management of the company. For example, the Board of Supervisory Directors must approve loans that are above a certain limit as well as equity investments. It must also be consulted before certain decisions are proposed to the shareholders' meeting. The Board has formed three committees that focus efficiently on three different areas: the Executive Committee, the Audit Committee and the Loan Committee.