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Eminent newcomer to CMS Hasche Sigle: Deutsche Börse managing director strengthens the capital market area.

29/08/2006

The internationally renown expert for capital markets Volker Potthoff (52), former management board member and latterly managing director of Deutsche Börse, is to strengthen CMS Hasche Sigle's capital market practice in Frankfurt with immediate effect.

In his new function Volker Potthoff will contribute many years of extraordinary experience : In his twelve years in a variety of managerial positions at Deutsche Börse he was one of the decisive factors in the then regionally-operated Frankfurt stock exchange becoming an international market leader. Amongst Potthoff's successes are, in particular, the reorganisation of Deutsche Börse after the closure of the Neuer Markt and for the first time in Europe, the introduction of Exchange Traded Funds (ETFs) to Deutsche Börse. Furthermore as a member of the Cromme Commission he was involved in setting out the Corporate Governance Codex.
From 2003 onwards Potthoff was responsible as managing director for Banking & Custody Services and in this function a member of the management bodies of Clearstream, a subsidiary of Deutsche Börse. With more than 2,500 customers throughout the world, a turnover of over EUR 700 million and more than 200,000 bonds, shares and investment funds traded in Germany and abroad, Clearstream is one of to the leading European providers of downstream trading services. Clearstream has strong links to counterparts in 41 markets. Last year under Potthoff's leadership Clearstream was able to extend its business relations to Asia.
Owing to his experience and excellent contacts Potthoff's new tasks will also include strategic responsibilities designed to expand CMS Hasche Sigle's capital market practice . Joachim Gres, senior partner at CMS Hasche Sigle, commented: "Developments on the national and international capital markets have strongly increased the need for advice on the part of our clients as regards the growth markets in Asia too, especially China. In this light Volker Potthoff is an asset to the law firm and our clients. Wwith him we are in a better position to continue expansion of our capital market practice both nationally and internationally.
CMS Hasche Sigle is one of the leading law firms in the area of banking, financing and capital markets law. A total of twenty-five of the firm's lawyers work in this area, fourteen of them at the Frankfurt office.


Contact CMS Hasche Sigle:

Joachim Gres
Tel.: +49 (0) 69 / 717 01-0
E-mail: [email protected]


About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 450 lawyers. It covers the entire area of commercial law and provides legal advice to major German and international companies from a wide spectrum of industry. CMS Hasche Sigle operates at all the major business centres. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and Prague.

CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of partners see www.cms-hs.com

CMS Hasche Sigle is a member of CMS, an alliance of leading independent European law firms. With over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we advise our clients at commercial locations in 47 business centres in Europe and further afield on legal and tax issues.

Local strength, legal and tax advice tailored to the requirements of the market combined with a substantial amount of business and organisational integration form the basis for high-quality international legal advice.

In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS Reich-Rohrwig Hainz (Austria). CMS has 57 offices in 23 countries in Western and Central Europe, North and South America, Asia and North Africa.

For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see http:// www.cmslegal.com .