Eurex Repo And Eurex Bonds Make Changes In The Management Team

The current General Manager of Eurex Bonds GmbH and Eurex Repo GmbH, Christian Klapproth, has decided to leave Deutsche Brse Group at the end of 2008. His successor will be Laurent Ortiz. Laurent Ortiz has been working in various positions

By None

The current General Manager of Eurex Bonds GmbH and Eurex Repo GmbH, Christian Klapproth, has decided to leave Deutsche Brse Group at the end of 2008. His successor will be Laurent Ortiz.

Laurent Ortiz has been working in various positions at Deutsche Brse since the beginning of 2001. Ortiz will be appointed General Manager of Eurex Bonds and Eurex Repo.

Christian Klapproth will be working as a freelance project manager and consultant. Klapproth has been working for Deutsche Brse Group since 1995. In 2002, he took over as General Manager of Eurex Bonds GmbH, and in 2006, joined the management of Eurex Repo GmbH.

“Laurent Ortiz is an experienced successor who will continue the successful establishment and expansion of our financial services companies in the segments of bonds and repo trading,” says Peter Reitz, member of the Eurex Executive Board.

“We regret his decision to leave and would like to expressly thank him for his commitment and accomplishments,” says Christian Klapproth. “Under his management, Eurex Bonds has successfully established itself as an electronic trading platform in Europe. He also made a significant contribution to the current success of Eurex Repo.”

L.D.

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