Non-Executive Director nominations to the Flow Traders Board

14 March 2023

Flow Traders announces the nominations of Karen Frank, Paul Hilgers and Delfin Rueda for election as new Independent Non-Executive Directors.

Nomination of Karen Frank as Independent Non-Executive Director 
Karen Frank brings considerable financial industry experience and most recently served as Executive Managing Director, Global Head of Equities at Ontario Teachers’ Pension Plan. In 2012, she joined Barclays as Managing Director, where she was co-head of the Financial Sponsors Group. Karen was appointed as CEO of Barclays Private Bank & Overseas Services business in 2016 and served as a member of the Barclays Consumer Banking & Payments Executive Committee. Previously, she had worked for Goldman Sachs in their Financial Sponsors business.

Nomination of Paul Hilgers as Independent Non-Executive Director 
Paul Hilgers has an extensive and proven track record within global financial markets, particularly within trading, clearing and market infrastructure. He previously worked at Deutsche Börse AG as Managing Director, heading the firm’s cash market business. He had previously served as CEO of Optiver, a global trading firm, from 2014 until 2017. Prior to that, he had served as CEO APAC and as Director Market Structure for Optiver.

Nomination of Delfin Rueda as Independent Non-Executive Director 
Delfin Rueda brings a wealth of experience in finance, strategy and financial markets. He is currently a member of the Supervisory Board of Adyen and Chair of its Audit and Risk Committee, as well as Non-Executive Director of Allfunds. He previously served as CFO and Vice-Chair of the Executive Board and Management Board at NN Group. He was also the CFO and CRO and member of the Management Board at Atradius and held leadership positions at J.P. Morgan, UBS and Andersen Consulting. 

Rudolf Ferscha, Chairman of the Board, commented: 
“On behalf of the Board, I would like to welcome our new Board members Karen Frank, Paul Hilgers and Delfin Rueda, whose extensive professional experience and diverse backgrounds will add a wealth of additional competence and symbiotic strength to the Board going forward.”