Following the annual general meeting of the Luxembourg Stock Exchange on 20 April 2011, its board of directors held a meeting concerning new appointments.
During the meeting, the board elected a new chairman: Frank Wagener, who is chairman of the board of directors of Dexia Banque Internationale à Luxembourg S.A. He will be assisted by Jean-Claude Finck of the Banque et Caisse d’Epargne de L’Etat Luxembourg and Robert Scharfe of BGL BNP Paribas, in their capacities of vice-chairman and second vice-chairman respectively.
Frank Wagener joined the board of directors of the Exchange in 2006 and he was appointed second vice-chairman on April 18, 2007. Additionally, since 29 March 2011 Mr. Wagener has been the chairman of the board of directors of Dexia Banque Internationale à Luxembourg. He also undertakes other responsibilities as a director in various companies and organizations in Luxembourg.
The board wishes to express its deepest appreciation to Raymond Kirsch, who declined to renew his term as chairman. Mr. Kirsch, however, continues to serve on the board that he joined in April 1990. After serving as vice-chairman from 1993 to 2003, Mr. Kirsch was appointed chairman on 16 January 2004.