Profile: the new CEO of Deutsche Börse, Theodor Weimer
Theodor Weimer has been appointed as the new Chief Executive Officer of Deutsche Börse, the operator of the German stock exchange.
He will replace Carsten Kengeter, who announced his resignation last month - but what makes Weimer the right person to replace him?
Theodor Weimer has had a distinguished career in the financial sector, readying him for the challenging top job at Deutsche Börse.
Having studied economics, business administration and geography before earning a doctorate from the University of Bonn, Weimer joined management consultants McKinsey and Bain.
He moved to Goldman Sachs as an investment banker in 2001 before being promoted to become a partner at the US banking giant.
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In 2007, Weimer left to join Italian bank Unicredit, assuming the role of its Head of Global Investment Banking before becoming spokesman of the management board in 2009.
As part of his responsibilities, Weiner sat on the Executive Management Committee of the Unicredit Group.
"Theodor is a highly respected financial sector expert who understands the business of our clients very well," said Joachim Faber, Chairman of the Supervisory Board of Deutsche Börse.
"He is both internationally oriented and deeply rooted in our home market and very well connected with regulators. He has all the prerequisites to successfully continue Deutsche Börse Group's growth agenda."
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