Katja Rosenkranz, member of the Executive Board of Clearstream Banking AG, Frankfurt, has decided to step down from the board and leave Deutsche Börse Group, effective 31 March 2012, in order to pursue new activities. The Supervisory Board of Clearstream Banking AG confirmed with regret Rosenkranz’s request to terminate her contract. Ms. Rosenkranz is departing on amicable terms.
Jeffrey Tessler, Chairman of the Supervisory Board of Clearstream Banking AG and CEO of Clearstream International S.A., said, “I would like to thank Katja Rosenkranz for her constant commitment to Clearstream. In her more than eight years of service in various management positions, she has made major contributions to the positive development and success of the company. Clearstream will continue to benefit from her achievements. I very much regret her decision to leave.”
Reto Francioni, CEO of Deutsche Börse AG, said, “We would like to thank Ms. Rosenkranz for her commitment to the success of Deutsche Börse Group, particularly with key special projects.”
Katja Rosenkranz (43) joined Clearstream in 2003, and has held various management positions including Head of Business Strategy (2007 to 2010) and Head of Product Management (2003 to 2007). In addition to developing the concept and overseeing implementation of the European joint venture Link Up Markets, Ms. Rosenkranz was involved in the structuring of the European Central Bank’s TARGET2-Securities initiative. She assumed responsibility for the Deutsche Börse Group efficiency programme in the summer of 2010, which was completed a year earlier than planned under her leadership. In addition to the Executive Board of Clearstream Banking AG, Ms. Rosenkranz was also a member of the Clearstream International General Executive Management in Luxembourg and the Board of Clearstream Services S.A. from 2008 until 2010.
Her successor will be appointed in the near future.
