Remuneration Committee

The Remuneration Committee attends to remuneration matters. In particular, it deals with the adequate structure of the remuneration systems for the Executive Board of KfW and for the employees of KfW.

Members of the Remuneration Committee of the Supervisory Board of KfW

Chair of the Remuneration Committee:

Olaf Scholz
Federal Minister of Finance

Deputy Chair:

Peter Altmaier
Federal Minister for Economic Affairs and Energy

Further members are:

Sören Bartol
Member of the German Bundestag

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

Reinhold Hilbers
Minister of Finance of the State of Lower Saxony

• Substitute if unable to perform duties:
  Volker Bouffier
  Minister President of the State of Hesse

Stefan Körzell
Member of the Executive Board of the Confederation of German Trade Unions (DGB)

• Substitute if unable to perform duties:
  Reiner Hoffmann
  Chair of the Confederation of German Trade Unions (DGB)

Dr Joachim Lang
CEO and Director General of the Federation of German Industries (BDI)

• Substitute if unable to perform duties:
  Holger Schwannecke
  Secretary General of the German Confederation of Skilled Crafts and Small Business (ZDH)

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

• Substitute if unable to perform duties:
  Helmut Schleweis
  President of the German Savings Banks Association (DSGV)

As of September 2021