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Audit Committee

The Audit Committee prepares matters relating to accounting and risk management. In particular, it deals with monitoring the accounting process, the effectiveness of the internal control system, the internal audit system and the risk management system, auditing the annual and group financial statements, the required independence of the auditor and determines the main points of the audit.

Members of the Audit Committee of the Supervisory Board of KfW

Chair of the Audit Committee:

Daniel Quinten
Member of the Board of Managing Directors of the
National Association of German Cooperative Banks (BVR)

Deputy Chair:

Dr Robert Habeck
Federal Minister for Economic Affairs and Climate Action

Further Members are:

Christian Lindner
Federal Minister of Finance

Katharina Beck
Member of the German Bundestag

  • Substitute if unable to perform duties:
    Frank Schäffler
    Member of the German Bundestag

Dr Hans-Walter Peters
President of the Federal Association of German Banks (BdB) (retired)

  • Substitute if unable to perform duties:
    Dr Louis Hagen
    CEO of Münchener Hypothekenbank eG

Achim Post
Member of the German Bundestag

  • Substitute if unable to perform duties:
    Dr André Berghegger
    Member of the German Bundestag

Helmut Schleweis
President of the German Savings Banks Association (DSGV)

  • Substitute if unable to perform duties:
    Dr Louis Hagen
    CEO of Münchener Hypothekenbank eG

Dietmar Strehl
Senator for Finance of the Free Hanseatic
City of Bremen

  • Substitute if unable to perform duties:
    Dr Andreas Dressel
    Senator for Finance ot the Free and Hanseatic City of Hamburg

As of September 2022

Further Commitees of KfW's Board of Supervisory Directors

Contact

KfW Group

Palmengartenstrasse 5-9

60325 Frankfurt am Main

Germany

+49 69 7431-2944

Mission and tasks

Law Concerning KfW and KfW Bylaws.

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