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Board of Supervisory Directors and its Committees

The Board of Supervisory Directors and its committees supervise the conduct of the bank's business and the administration of its assets. The main tasks for which it holds responsibility are the appointment and dismissal of members of the Executive Board, the approval of the financial statements as well as the planning and selection of the auditor to be appointed by the Supervisory Authority.

Members of the Board of Supervisory Directors

Chairman of the Board of Supervisory Directors:

Olaf Scholz
Federal Minister of Finance

Deputy Chairman:

Peter Altmaier
Federal Minister of Economic Affairs and Energy

Further members are:

Doris Ahnen
Minister of State at the Ministry of Finance of the State of Rhineland-Palatinate

Sören Bartol
Member of the German Bundestag

Dr Holger Bingmann
President of the Federation of German Wholesale, Foreign Trade and Services (BGA)

Volker Bouffier
Minister President of the State of Hesse

Robert Feiger
Chairman of the German Trade Union Construction-Agriculture-Environment (IG Bau)

Verena Göppert
Permanent Deputy of the Executive Director of the Association of German Cities

Olav Gutting
Member of the German Bundestag

Dr Louis Hagen
CEO of Münchener Hypothekenbank eG

Reinhold Hilbers
Minister of Finance of the State of Lower Saxony

Reiner Hoffmann
Chairman of the Confederation of German Trade Unions (DGB)

Gerhard Hofmann
Member of the Board of Managing Directors of the National Association of German Cooperative Banks (BVR)

Dr Bruno Hollnagel
Member of the German Bundestag

Andreas Ibel
President of the Federal Association of Free Real Estate and Housing Companies e.V.

Bartholomäus Kalb
Member of the German Bundestag (retired)

Julia Klöckner
Federal Minister of Food and Agriculture

Andrea Kocsis
Deputy Chair of ver.di - United Services Trade Union

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

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

Lutz Lienenkämper
Minister of Finance of the State of North Rhine-Westphalia

Heiko Maas
Federal Minister for Foreign Affairs

Dr Gerd Müller
Federal Minister for Economic Cooperation and Development

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

Eckhardt Rehberg
Member of the German Bundestag

Dr Johannes-Jörg Riegler
President of the Federal Association of Public Banks Germany (VÖB) (retired)

Joachim Rukwied
President of the German Farmers' Association (DBV)

Andreas Scheuer
Federal Minister of Transport and Digital Infrastructure

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

Carsten Schneider
Member of the German Bundestag

Svenja Schulze
Federal Minister for the Environment, Nature Conservation and Nuclear Safety

Holger Schwannecke
Secretary General of the German Confederation of Skilled Crafts and Small Business (ZDH)

Edith Sitzmann
Minister of Finance of the State of Baden-Wuerttemberg

Peter Strobel
Minister of Finance and European Affairs of the State of Saarland

Heike Taubert
Deputy Minister President
Minister of Finance of the State of Thuringia

Dr Florian Toncar
Member of the German Bundestag

Dr Martin Wansleben
Chief Executive of the Association of German Chambers of Commerce and Industry (DIHK)

As of January 2019

Commitees of KfW's Board of Supervisory Directors

Further information

Mission and tasks

Law Concerning KfW and KfW By-Laws.

Read more

Chairmen of the Supervisory Board and Speaker of the Executive Board of KfW

Chairs of the Supervisory Board and Speakers of the Executive Board of KfW

Read more

Contact

KfW Group

Palmengartenstrasse 5-9

60325 Frankfurt am Main

Germany

Phone

+49 69 74 31 0

Fax

+49 69 74 31 29 44

eMail

info@kfw.de