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.
Board of Directors
The basic features of the corporate governance system of Baader Bank AG include the dual management system with a transparent division of corporate management and supervision between the executive board and the supervisory board, the composition of the supervisory board with representatives of shareholders and employees, as well as the co-management and control rights of shareholders in the general assembly. The company maintains a liability insurance for financial loss, which covers the activities of the members of the executive board and the supervisory board (so-called D&O insurance). An appropriate self-retention required by Section 93 (2) of the German Stock Corporation Act has been agreed upon. Currently, Baader Bank does not set age limits for the executive board and the supervisory board.
Nico Baader
Nico Baader (born in 1970) has been a member of the Board of Directors at Baader Bank AG since 2009 and took over as Chairman of the Board in July 2015. In addition to his duties as Chairman of the Board of Directors, he is also responsible for Baader Bank’s back-office divisions.
After gaining experience in the stock broking business, Mr. Baader trained as a banker at Bayerische Vereinsbank in Munich. In 1994, he founded a consulting firm to manage IPOs, Investor Relations and Equity Research. From 2000 onwards, he was instrumental in driving the Baader Bank´s development from stock broker to full-service bank, including the establishment of Investment Banking.
Further appointments:
- Member of the Supervisory Board of Baader & Heins Capital Management AG, Unterschleissheim
- Member of the Exchange Council of EUREX, Frankfurt am Main
- Member of the Exchange Council of FWB Frankfurt Stock Exchange, Frankfurt am Main
- Member of the Exchange Council of the Munich Stock Exchange, Munich
Oliver Riedel
Oliver Riedel (born 1974) joined Baader Bank in 2010. He became a member of the Board of Directors at Baader Bank AG in July 2015 and is responsible for the commercial divisions. In addition, he is Chairman of the Supervisory Board of Directors of Baader Helvea AG, Zurich, Switzerland. He is also a Member of the Supervisory Board of Baader Helvea Ltd, London, UK, and of Baader Helvea Inc., New York, USA.
The banker began his career as equities and derivatives trader at Bayerische Landesbank and Schmidt Bank. In 2000, Mr. Riedel moved to Hypo Vereinsbank, where he held various leading managerial positions, including Global Head of Cash Equity Trading & Sales Trading and Head of Equities Germany.
Further appointments:
- Chairman of the Supervisory Board of Directors, Baader Helvea AG, Zurich, Switzerland
- Member of the Supervisory Board of Directors, Baader Helvea Ltd, London, UK, and Baader Helvea Inc, New York, USA
Martin Zoller
Martin Zoller has been appointed as Chief Risk Officer (CRO) with effect from 1 March 2025. This includes the Risk Strategy & Management, Data & Risk Management and Regulatory Reporting teams.
Mr Zoller has 20 years of experience working in the banking and securities business – mainly within risk management functions of financial services companies, including roles with Deutsche Börse, Clearstream and HSBC. His most recent positions were as CRO at FNZ Bank S/E and Deutsche WertpapierService Bank AG.
Supervisory Board
The Supervisory Board assists the Management Board in an advisory capacity and appoints or dismisses members of the Management Board. Furthermore, it addresses issues related to financial reporting, risk management, and compliance, the necessary independence of the auditor, the assignment of the audit mandate to the auditor, the determination of audit focus areas and the fee agreement, as well as the preparation of the Supervisory Board's nomination proposals for the General Meeting.
Dr. Louis Hagen
Dr Hagen brings extensive industry knowledge and significant expertise to his new role on the Supervisory Board. From 2009 to 2022 he was a member of the Board of Directors at Münchener Hypothekenbank eG, taking the role of spokesperson and Chairman of the Board of Directors from 2010 onwards.
Dr Louis Hagen was elected to the Supervisory Board at the Annual General Meeting on 6 July 2023.
Prof. Dr. Georg Heni
Prof. Dr. Heni is a member of various supervisory boards and advisory boards and advises on business management issues.
He was appointed to the Supervisory Board at the Annual General Meeting on 25 June 2018. At the Annual General Meeting on 6 July 2023, Prof. Dr Heni was re-elected Deputy Chairman of the Supervisory Board of Baader Bank AG.
Christoph B. Mast
In Christoph Mast, who brings many years of professional experience at Dresdner Kleinwort and Allianz Global Investors, among others, Baader Bank now has a trained lawyer who is familiar with Baader Bank's business and, above all, Baader Bank's international clients.
He was appointed to the Supervisory Board at the Annual General Meeting on 1 July 2019 and re-elected at the Annual General Meeting on 6 July 2023.
Helmut Schreyer
Helmut Schreyer was personally liable partner of Hauck & Aufhäuser Privatbankiers KGaA, München until 31 December 2003.
Helmut Schreyer has been a member of the Baader Bank Supervisory Board since 14 July 2004. He was reelected on 25 June 2018 and was appointed as Deputy Chairman. Within the scope of the Supervisory Board meeting on October 6, 2022, Mr. Schreyer was appointed as the new Chairman of the Supervisory Board of Baader Bank AG. He stepped down as Chairman on 30 January 2025.
Michael Frank
Michael Frank is a banker and qualified business economist. He has worked at Baader Bank in the Market Making Equities division in Stuttgart for 29 years.
He was elected to the Supervisory Board as employee representative at the Annual General Meeting on 6 July 2023.
Timon Hauser
Timon Hauser, also a qualified business administration graduate, has worked at Baader Bank since 2014 in the Group Accounting division.
He was elected to the Supervisory Board as employee representative at the Annual General Meeting on 6 July 2023.