Andreas Preuss
Andreas Preuss is an exchange, technology and proprietary trading executive who serves as deputy chief executive officer, Deutsche Boerse AG and head of the division of IT & Operations, Data & New Asset Classes at Deutsche Boerse.[1][2] He has been a member of the executive board of Deutsche Boerse since 2006.[3] He was elected chairman of the World Federation of Exchanges by the WFE's General Assembly in October 2012, at its annual meeting in Taipei, for a two-year term. He had previously served on the WFE's board of directors.[4] [5][6] On December 5, 2018, Preuss received a Lifetime Achievement Award at the FOW International Awards Gala Dinner in London.[7] Background[edit]Preuss joined Andersen Consulting as a senior consultant in the financial services group in 1988, moving on to the then-newly-founded DTB Deutsche Terminbörse in 1990, as head of client services. With the merger of DTB into Deutsche Boerse AG in 1994, he was appointed head of business development. He was a member of the executive board of Eurex AG from 1997, and from 1999-2000 was also a member of the management committee of the Chicago Board of Trade BOT/Eurex Alliance (later renamed A/C/E). Preuss participated in the building of DTB and Eurex. He was instrumental in implementing the "so-called remote membership concept," which allowed Eurex to grow dynamically.[8] He joined Trading Technologies as European president and member of the executive board in 2000, and was appointed global president of the firm the following year.[9] He left voluntarily after a restructuring saw two rounds of layoffs at Trading Technologies.[10][11] He rejoined Eurex from his role as chief operating officer and a member of the board of Mako Group, a London-based group of companies involved in market making and proprietary trading in key derivatives markets around the world, where he worked from 2002-2006. He served as chief executive officer of Eurex from 2006, but stepped down from that role in 2015.[12] Preuss replaced Rudolf Ferscha as head of Eurex, returning to the group where he worked in a number of positions from 1990-2000.[13][14] During his tenure as Eurex CEO, the exchange acquired U.S. options exchange International Securities Exchange as a wholly-owned subsidiary.[15][16][17] During a proposed deal for Deutsche Boerse to merge with NYSE Euronext, it was announced Preuss would assume the role of Deputy CEO and President of the new entity.[18][19] Earlier in his career, his professional training brought him to the export business with various international trading firms, as well as a commercial banking trainee program with Dresdner Bank AG in Cologne. At its meeting on June 16, 2008, the supervisory board of Deutsche Boerse AG appointed Preuss deputy CEO of the executive board and also extended his board membership contract by five years starting Apr. 1, 2009.[20] Full Biography:
Board Memberships[edit]
Education[edit]
References[edit]
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