Management

Dr. Carl Heinz Daube

Born September 4, 1960 in Hamburg, married, four children

1982 - 1984 Apprenticeship at Hamburgische Landesbank,

1984 - 1988 University Hamburg, Masters Degree in Business Administration

1988 - 1992 Institute of Monetary Traffic and Turnover of Capital of the University of Hamburg, Scientific Assistant

1992 University of Hamburg, PhD in Economics and Social Science

1992 - 2003 Hamburgische Landesbank, Hamburg,

2003 - 2008 HSH Nordbank AG (June 2003 Merger of Hamburgische Landesbank and Landesbank Schleswig-Holstein), Hamburg, Kiel

Leading Functions:

1994 Deputy Head of Research

1994 - 1996 Head of Management Support, Capital Markets

1996 - 1998 Deputy Head of Business Development, Capital Markets

1999 Head Institutional Sales

2000 - 2006 Head Asset Liability Management

2006 - 2008 Head of Funding

Since February 1, 2008 Managing director of Federal Republic of Germany - Finance Agency

Since November 2008 Advisory member of Steering Committee of the Financial Market Stabilization Fund (SoFFin)

Dr. Carsten Lehr

Born October 6, 1965 in Dudenhofen, married, three children

1987 - 1989 Apprenticeship at Dresdner Bank AG, Hannover

1989 - 1992 University Frankfurt/Main, Masters Degree in Business Administration

1993 - 1996 Technical University Ilmenau, Faculty of Economics, Institute of Business Administration, External PhD-Study, PhD in Economics and Social Science

1989 - 1991 Commerzbank AG, Frankfurt/Main, Central Foreign Department

1991 - 1994 Dresdner Bank AG, Frankfurt/Main, Corporate Centre Finance/Controlling

1994 - 1997 Dresdner Bank Luxembourg S.A., Luxembourg, Accounting & Controlling Department, Assistant to the Managing Directors

1997 - 1999 Dresdner Bank Tokyo/Japan, Chief Financial Officer Japan

1999 - 2001 Dresdner Bank AG, Frankfurt/Main, Global Chief Operating Officer Global Finance

2001 - 2006 Federal Republic of Germany – Finance Agency, Frankfurt/Main, Head of Finance & Risk-Controlling Division

2006 - 2008 Federal Republic of Germany – Finance Agency, Frankfurt/Main, Head of Finance, Controlling & Administration Division

Since June 15, 2008 Managing director of Federal Republic of Germany – Finance Agency