Good and transparent corporate governance ensures responsible management, with a focus on value creation, and control of the institution. It promotes trust with customers and other business partners, investors and the financial markets, employees and the public.
Core features of Baader Bank’s corporate governance system are the dual management system, with a transparent division of company management and its supervision between the Board of Directors and Supervisory Board, the composition of the Supervisory Board, with representatives for shareholders and employees, and the shareholders’ rights of co-administration and supervision at the shareholders’ meeting.
The Company maintains consequential loss liability insurance, which includes cover for activities undertaken by members of the Board of Directors and Supervisory Board (so-called D&O insurance). The legally prescribed deductible, in accordance with Article 93 (2) of the German Stock Corporation Act (AktG), was agreed.
Details of how members of the Baader Bank Group Board of Directors are remunerated can be found in our Disclosure Report 2017 (only available in German: Offenlegungsbericht).
Baader Bank does not currently set any age limits for members of the Board of Directors and Supervisory Board.