DGAP-News: FinTech Group AG / Key word(s): Change of Personnel
FinTech Group AG: Hans Peter Peters Appointed as Vice Chairman of the Supervisory Board of FinTech Group Bank AG

05.03.2018 / 16:59
The issuer is solely responsible for the content of this announcement.


Corporate News / Frankfurt am Main, 5 March 2018
 

Hans Peter Peters Appointed as Vice Chairman of the Supervisory Board of FinTech Group Bank AG


Frankfurt, Germany - FinTech Group Bank AG, the subsidiary of FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), has appointed Hans Peter Peters as Vice Chairman of the supervisory board, as of February 16, 2018. Muhamad Chahrour leaves the supervisory board to become with immediate effect managing director in the FinTech Group Bank and takes over operational responsibilities for the key growth areas of the bank, additionally to his continuing role as Chief Financial Officer of FinTech Group AG.

Hans Peter Peters began his career at Citibank where he spent 13 years at their offices in New York, Toronto, Paris, Stuttgart and Santiago de Chile. Later, he was appointed as Member of the Executive Board at WestLB and Chief Executive Officer of WestLB (Europe) AG in Dusseldorf. Following appointments as Chief Financial Officer of VIAG AG and Chief Executive Officer of Morgan Stanley Bank AG, Hans Peter founded Peters Associates AG in 1999. He was the main driver of the internationalization strategy of the company under the brand of Lincoln International, of which he is still shareholder and Senior Advisor.

"I am looking forward to this new challenge and the possibility to accompany FinTech Group Bank on its journey to become the leading security transaction bank in Europe. Key aim is to support the management's growth and internationalization strategy with my long-standing expertise to achieve the next milestones", says Hans Peter Peters.

"We are delighted that Hans Peter Peters, a very experienced and reputable investment banker with an international network, will join the supervisory board of our FinTech Group Bank AG. I am sure that he will be able to contribute significantly to our B2C internationalization strategy and in establishing our core banking standard platform FTG:CBS", says Frank Niehage, CEO of FinTech Group Bank AG.

About FinTech Group AG

FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) is a modern smart bank: We offer innovative financial technology, our own core banking system, and a regulatory liability umbrella.

Our cash cow is retail broker flatex which, through our advanced technology, can offer top-quality service at an affordable price. This makes flatex the fastest growing trading platform in Europe. Our smart technology is easy to scale, so we also successfully offer it to B2B customers. We provide vital services for many well-known institutions and even state infrastructure. We help start-ups and disruptive business ideas that require a banking license to rapidly become a success through our white label banking.

In a time of bank consolidation, low interest rates, and digitization we are ideally positioned for further growth. Our goal is to become Europe's leading provider of financial technology.

Disclaimer

This release may contain forward-looking statements and information, which may be identified by formulations using terms such as "expects", "aims", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or "will". Such forward-looking statements are based on our current expectations and certain assumptions, which may be subject to variety of risks and uncertainties. The results actually achieved by FinTech Group AG may substantially differ from these forward-looking statements. FinTech Group assumes no obligation to update these forward-looking statements or to correct them in case of developments, which differ from those anticipated.




Contact:
Roman Kessler
Head of Communications
FinTech Group AG
Rotfeder-Ring 5
D-60327 Frankfurt/Main
+49 (0) 69 450001 041
Roman.kessler@fintechgroup.com


05.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: FinTech Group AG
Rotfeder-Ring 5
60327 Frankfurt am Main
Germany
Phone: +49 (0) 69 450001 041
E-mail: ir@fintechgroup.com
Internet: www.fintechgroup.com
ISIN: DE000FTG1111, DE0005249601
WKN: FTG111
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

660579  05.03.2018 

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