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Chef Risk Officer to leave ECC

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Dr Clemens Völkert, Chief Risk Officer (CRO) of European Commodity Clearing (ECC) will leave the company at the end of March 2024. Völkert, who has held the position since July 2021, did not seek an extension of his contract for personal reasons.

Having accepted Völkerts resignation, the EEC Supervisory Board intends to appoint Dr Ralf Prinzler, currently Head of Risk Controlling at KfW, as his successor. Prinzler will join the company as Director Risk Management on 1 July 2024.

The appointment as CRO is subject to regulatory requirements as well as the approval or non-objection of the Federal Financial Supervisory Authority and targeted for 1 January 2025. Until the appointment of the new CRO, the duties of this role will be taken over by Dr Tobias Paulun, CEO of ECC.

European Commodity Clearing (ECC) is a central clearing house which specialises in energy and commodity products.

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