Nawrath comes from the German Federal Ministry of Finance, where he was the division head in charge of national and international financial market and monetary policy. In this function, he represented Germany as an expert for financial market and monetary issues on EU bodies and in preparing the G7/G8 economic summits. Before that, Nawrath worked with the German NATO representative office in Brussels, the Federal Audit Office (Bundesrechnungshof) and as an attorney-at-law.
Röthig was until recently a partner in the private bank B. Metzler seel. Sohn & Co in Frankfurt/Main, where he was in charge of the Group's securities business worldwide. Before that he worked in foreign-exchange trading as well as in consulting and trading derivatives and equities at BZW, Baring, SMH and Deutsche Bank in New York, Frankfurt and Düsseldorf. The Deutsche Börse Group introduced a functionally aligned leadership structure as of January 1, 2003. The management structure now reflects the three core functions of the business model, namely "building" and "operating" trading, clearing and settlement systems as well as "loading" the systems with transactions. A team of 15 Managing Directors manages the Group in a Committee-based structure.
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