Alterations in the Bafin leadership structure.
New Executive Director Appointed at BaFin
In a recent development, BaFin, the Federal Financial Supervisory Authority of Germany, has announced changes in its board. Thorsten Poetzsch and Birgit Rodolphe have taken on new roles within the organisation.
Thorsten Poetzsch, a lawyer with extensive experience in the finance sector, has been appointed as the new executive director for Securities Supervision and Asset Management at BaFin. Poetzsch has been serving as the executive director for resolution at BaFin since 2018, and has acted in the role of executive director for Securities Supervision and Asset Management since Elisabeth Roegele stepped down. Poetzsch's appointment is now permanent.
Meanwhile, Birgit Rodolphe has been appointed as the new executive director for resolution at BaFin, effective November 1st. Prior to joining BaFin, Rodolphe was the divisional director for Corporate Clients Non-Financial Risk at Commerzbank. Her previous position before taking over at BaFin on November 1 is not mentioned in the available search results.
In her new role, Rodolphe will oversee the departments of anti-money laundering and financial system integrity, in addition to her responsibilities as executive director for resolution.
The changes in the board of BaFin were not specified to be related to any specific event or reason. The paragraph does not mention any other changes or updates related to BaFin's other departments or executive directors. Similarly, there is no information about any changes or updates related to BaFin's operations or policies.
Before joining BaFin, Poetzsch held leadership positions in the Federal Ministry of Finance, the Federal Chancellery, and the Federal Financial Supervisory Authority. Poetzsch's extensive experience in the finance sector is expected to contribute significantly to BaFin's operations.
These changes in leadership at BaFin are expected to strengthen the organisation's commitment to maintaining financial stability and ensuring the integrity of the German financial system.
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