Tip: Activate javascript to be able to use all functions of our website

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

Klaus R. Michalak

Klaus R. Michalak is CEO of KfW IPEX-Bank and in charge of Finance, Products and Corporate Affairs.

Read more

Dr Velibor Marjanovic

Dr Velibor Marjanovic is the member of the Management Board of KfW IPEX-Bank in charge of Industry Sectors.

Read more

Claudia Schneider

Claudia Schneider is the member of the Management Board of KfW IPEX-Bank in charge of Risk.

Read more

Andreas Ufer

Andreas Ufer is the member of the Management Board of KfW IPEX-Bank in charge of Transport Sectors, Syndication and Treasury.

Read more

Organisational structure of KfW IPEX-Bank

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:

Name:Function:
Christiane Laibach - ChairMember of the Executive Board, KfW Group
Dr Stefan Peiß - Vice ChairMember of the Executive Board, KfW Group
Udo PhilippState Secretary, Federal Ministry for Economic Affairs and Climate Protection
Dr Carsten PillathState Secretary, Federal Ministry of Finance
Dr Jürgen RuppMember of the Executive Board, RAG Aktiengesellschaft
Evelyne FreitagSupervisory Board
Guido KnittelChair of the Works Council, KfW IPEX-Bank GmbH
Dieter KochSenior Project Manager, KfW IPEX-Bank
Sabine SchneiderProject Manager, KfW IPEX-Bank


Committees

It has established five committees to fulfil its advising and monitoring responsibilities: the Executive Committee, the Renumeration Controll Committee, the Audit Committee, the Loan Committee and the Risk Committee.

Executive CommitteeRenumeration Control Committee
Chair: Christiane LaibachChair: Christiane Laibach
Dr Jürgen RuppDr Jürgen Rupp
Dr Carsten PillathDr Carsten Pillath
Dieter KochGuido Knittel

Audit CommitteeLoan Committee
Chair: Dr Jürgen RuppChair: Christiane Laibach
Christiane LaibachEvelyne Freitag
Dr Carsten PillathUdo Philipp
Dieter KochSabine Schneider

Risk Committee
Chair: Dr Stefan Peiß
Evelyne Freitag
Dr Carsten Pillath
Guido Knittel