GERMANY - Deutsche Börse MD for banking and custody services Volker Potthoff will resign from the company on June 20 this year, becoming the third senior manager to leave the exchange since November, 2005.
Deutsche Börse made the announcement today, and said Potthoff was leaving the company “by mutual consent in order to pursue new activities.”
Potthoff was also a member of the group executive management at Clearstream International, as well as a member of the group executive management and the executive management at the Clearstream Banking Luxembourg and Clearstream Banking Frankfurt subsidiaries.
Potthoff joined Deutsche Börse as general counsel in 1994, and was appointed member of the executive board responsible for the Group’s cash market activities in 2000.
Following management restructuring and the integration of Clearstream International into Deutsche Börse Group, he assumed his most recent role at the beginning of 2003. “In this capacity he formed part of Clearstream’s top management,” the company said in a statement.
Rudolf Ferscha also announced his resignation on 31 December 2005 from his position as member of the executive board of Deutsche Börse and as CEO of the Eurex companies Eurex Zurich AG, Eurex Frankfurt AG and Eurex Clearing AG.
Deutsche Börse said he would “leave at his own request under an amicable and mutual agreement.”
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