DR. BERNHARD FUHRMANN
Dr. Bernhard Fuhrmann has been a Board Member at Hamburg-based Varengold Bank AG since 2013. He is responsible for Risk, Finance, Compliance and all other back office functions. Together with Frank Otten, Bernhard determines the overall strategy of Varengold Bank, which centers on making Varengold a preferred partner of fintechs and the bank of choice for the marketplace lending industry.
Before joining Varengold Bank AG in 2013, Bernhard held executive positions at various other financial institutions, including Chief Operating Officer Commercial Real Estate at Commerzbank AG, Head of Finance at Eurohypo AG, and Head of Regulatory Reporting at Deutsche Bank AG. At the latter, he also headed the project for listing Deutsche Bank at the New York Stock Exchange (NYSE).
Born 1963, Bernhard first completed industrial engineering studies at Technische Hochschule Darmstadt before moving on to job-integrated business economics studies at Ludwig-Maximilians-Universität and Bayerische Vereinsbank AG in Munich. In 1992, he earned a Ph.D. in business economics.
Frank Otten (born 1965) has been on the Management Board of Varengold Bank AG since 2013. He is responsible for the market and therefore for the core business areas Marketplace Banking and Commercial Banking / Transaction Banking. In addition, his duties include monitoring and controlling the bank's treasury department.
Convinced of the high entrepreneurial potential of Varengold Bank, Frank Otten and his fellow Board Member Bernhard Fuhrmann invest much effort into expanding the business activities of the bank and strategically adapting to market conditions. Prior to his current appointment, Frank worked at HSH Nordbank for many years, where he managed the representative office in Tallinn (Estonia), took responsibility for all business activities in Central and Eastern Europe, managed the credit business/syndications, and also served as Global Head Financial Institutions.
Frank successfully completed his training as a banker at Landesbank Schleswig-Holstein (later HSH Nordbank) and studied business administration.
DR. KARL-HEINZ LEMNITZER (Chairman)
Tax consultant and certified accountant
Executive Board Member