Varengold Wertpapierhandelsbank AG appointed Mr. Ole von Beust to the company's advisory board with effect from January 1, 2013. Ole von Beust was chairman of the parliamentary group of the CDU from 1993 until 2001. From 2001 to 2010 he acted as First Mayor in Hamburg.

In 2007 and 2008 he also held the office as President of the Federal Council of Germany. Among other things, Ole von Beust currently works as a lawyer in Hamburg and will support Varengold Wertpapierhandelsbank AG in the areas of public relations and general advice. He will be at the company's disposal with its expert knowledge, experience and contacts and will give new ideas.