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Management and bodies

Management Board of KfW IPEX-Bank

The members of the Management Board of KfW IPEX-Bank GmbH manage the activities of the company with the diligence of a prudent business person in accordance with the law, the Articles of Association, Rules of Procedure for the Members of the Management Board, as well as the decisions of the shareholders’ meeting and the Board of Supervisory Directors. The members of the Management Board are obliged to act in the best interest of the company and collaborate with the awareness of a collective responsibility. They work closely and faithfully together with the other bodies of the company - namely the Board of Supervisory Directors and the shareholders’ meeting - for the benefit of the company.

Management Board

Belgin Rudack

Belgin Rudack is CEO of KfW IPEX-Bank and in charge of Strategy & Corporate Affairs, Internal Auditing, CIRR Programmes, Organisation & IT as well as Human Resources, Legal Affairs & Finance.

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Dr Velibor Marjanovic

Dr Velibor Marjanovic is the member of the Management Board of KfW IPEX-Bank in charge of Industries and Commerce, Energy, Structuring Advisory, Business Ability, Equity Portfolio and the London Branch.

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Claudia Schneider

Claudia Schneider is the member of the Management Board of KfW IPEX-Bank in charge of Credit Risk Management I, Credit Risk Management II, Restructuring & Collateral Management, Risk Controlling and Compliance.

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Aida Welker

Aida Welker is the member of the Management Board of KfW IPEX-Bank in charge of Mobility, Infrastructure, Credit Operations, Syndication & Treasury and KfW IPEX-Bank Asia Ltd.

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Board of Supervisory Directors of KfW IPEX-Bank

The Board of Supervisory Directors of KfW IPEX-Bank GmbH is composed of nine members: two representatives from the federal government – one each from the Federal Ministry of Finance and the Federal Ministry for Economic Affairs and Climate Protection – two representatives of industry, two representatives of KfW and three representatives of the employees of KfW IPEX-Bank. The Board of Supervisory Directors is responsible for advising and monitoring the Management Board with respect to the management of the company.

The members of the Board of Supervisory Directors are:

Committees

The Board of Supervisory Directors has established five committees to fulfil its advising and monitoring responsibilities: the Executive Committee, the Renumeration Control Committee, the Audit Committee, the Loan Committee and the Risk Committee.