Chairman of the Supervisory Board
Engelbert Gemünden has held positions spanning all levels of management across a variety of industries including 14 years in banking. His experience ranges from EDP to the client-server architecture of today. In 1999, Gemünden was awarded Entrepreneur Finalist of the Year.

Jörg Franke, born in Halle/Saale in 1941, graduated in Law in 1966 with a First State Exam at the University of Bonn. After the Second State Exam and graduation as a doctor of law, he started his occupational career at WestLB Düsseldorf where he worked in the legal and securities departments as assistant vice president and later on as vice president.

After the merger of DTB and Deutsche Börse AG in 1994, Prof. Dr. Franke became a Member of the Board of Deutsche Börse AG. In 1997/1998, he merged DTB with the Swiss derivatives market Soffex to Eurex, soon to become the world’s biggest regulated derivatives market. Up to the end of 2000, Dr. Franke was the Chief Executive Officer of Eurex Frankfurt AG as well as Eurex Zurich AG.

In addition to his current function as Speaker of the Board of Berliner Effektengesellschaft AG, Prof. Dr. Franke holds several mandates on different Supervisory Boards and lectures at the University of Karlsruhe. Since the beginning of 2002 until 2008 he also held the position of Chairman of the Supervisory Board of RTS Realtime Systems AG. In December 2005 the University of Karlsruhe, Germany, appointed him to a professorship.  

Serge Demolière, born in 1958, graduated in Economics at the University of Hamburg. From 1995 to 1999, Serge Demolière was responsible for the division proprietary trading and stock exchange dealing in the business segment stocks/derivatives of Bankgesellschaft Berlin.

Since December 1999, he is chief representative there. After completing the Advanced Management Program at Harvard Business School in Boston, Serge Demolière is Member of the Board at Bankgesellschaft Berlin since November 2001.

In addition to his function as Member of the Board, he performs several mandates in Supervisory and Advisory Boards and he is Chairman of the Supervisory Board of Berliner Börse AG.