Nagel will also leave the Executive Board of KfW Group and join the Bank for International Settlements in Basel on 1 November.
Andreas Gottschling is expected to join the Supervisory Board of Deutsche Börse in Nagel’s place in the beginning of July. Gottschling has been a member of the Zurich-based Credit Suisse Group’s board of directors since April 2017. He is also a Chairman of the Risk Committee and member of the Audit and the Governance & Nominations Committee.
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