The Executive Board members are appointed by the Supervisory Board with FMSA's approval, for terms of no more than four years; they may be reappointed however. The Executive Board represents FMS Wertmanagement in and out of court.
Stephan Winkelmeier (Spokesman of the Executive Board)
Stephan Winkelmeier is Chief Risk Officer, Chief Financial Officer and Spokesman of the Executive Board of FMS Wertmanagement.
After studying business administration at the University of Passau Stephan Winkelmeier worked from 1994 to 2008 at UniCredit Bank AG in Munich and its predecessor, Bayerische Vereinsbank AG, where he held various positions, including Senior Risk Manager and head of the non-core unit. In September 2008, he took over the position of Chief Risk Officer on the Executive Board of Bank Austria Group in Vienna. In July 2010, he moved to the Executive Board of Bayerische Landesbank, where he held the position of CFO from April 2011 and then additionally of COO/CIO from August 2013, while also temporarily acting as CEO of the Internal Restructuring Unit.
Ernst-Albrecht Brockhaus (Member of the Executive Board)
Ernst-Albrecht Brockhaus is responsible for the division Treasury, Markets & CRE and thus for funding as well as for the management of liquidity and market risks. The unit also acts as a center of competence for interest rate and currency derivatives. He is also in charge of the commercial real estate segment of the portfolio.
After graduating in business administration from the University of Cologne, Ernst-Albrecht Brockhaus began his professional career in 1988 as a senior trader for interest rate derivatives at Trinkaus & Burkhardt. This was followed by positions in asset liability and product risk management at Sal. Oppenheim, Commerzbank and Deutsche Bank. In 2000, he joined Deutsche Verkehrsbank as director of Group Treasury. From 2002, Mr. Brockhaus worked for Bayerische Landesbank, most recently as managing director of Group Treasury and Investor Relations. In this position he was responsible for both planning and securing liquidity for Bayern LB's group wide Treasury Governance.
Frank Hellwig (Member of the Executive Board)
Frank Hellwig is responsible as Chief Operating Officer especially for the service and staff functions within the FMS Wertmanagement.
After graduating in business administration, Frank Hellwig initially worked at Hypo-Bank AG before moving to HypoVereinsbank AG in 1998 as deputy director of group-wide accounting, management and controlling. From 2003 to 2009, Mr. Hellwig was a member of the Management Board at Hypo Real Estate Bank AG, where he was responsible for operations, personnel and finance, among others. Most recently, he was head of sourcing and corporate services at Deutsche Pfandbriefbank AG, a position with global responsibilities. He also played a leading role in the formation of FMS Wertmanagement.