Executive Board of the Deutsche Bundesbank

New allocation of responsibilities on the Executive Board of the Deutsche Bundesbank

The Executive Board has adopted the following reallocation of responsibilities with effect from 13 October 2009:

President: Professor Axel A Weber

• Communication
• Economics and Research Centre

Vice-President: Professor Franz-Christoph Zeitler

• Banking and Financial Supervision
• Legal

Dr Rudolf Böhmler

• Human Resources
• Audit
• Administration and Premises
• Training Centre

Dr Hans Georg Fabritius

• Cash Management
• Controlling, Accounting and Organisation
• Payment and Settlement Systems

Professor Hans-Helmut Kotz

• Financial Stability
• Markets
• Statistics

Dr Thilo Sarrazin

• Information Technology
• Risk Controlling