Dennis Dijkstra joined our company as CFO in 2009 and was appointed Co-CEO in January 2014, focusing on HR & recruitment, Institutional Trading, relationships with issuers, legal & compliance, internal audit, relationships with regulators and organization structure. Prior to joining Flow Traders, Dennis held positions at Arthur Andersen, Faxtor Securities, NIBC and Sparck. He currently serves as a board member (treasurer) of APT, the Association of Proprietary Traders in the Netherlands. Dennis is a supervisory director of DMF Investment Management B.V.
Dennis Dijkstra is a Dutch national who holds a Master’s degree in Business Economics from the University of Amsterdam.
Sjoerd Rietberg joined our company in 2005 as a senior trader and was named Head of Trading in 2009 and COO in 2010. He was subsequently appointed Co-CEO in January 2014, focusing on trading operations, trading strategy and technology. Sjoerd holds no ancillary positions. Prior to joining Flow Traders, Sjoerd held a trading position at Newtrade Derivatives.
Sjoerd Rietberg is a Dutch national with a Master’s degree in Finance from Erasmus University Rotterdam.
Thomas Wolff joined our company in 2009 as a senior system administrator after having worked at an independent trading software vendor for approximately nine years. He was promoted to Global Head of IT in 2013 and Global Head of Technology in 2016, leading the development, quality assurance and the Tech operations departments. As of 2018, Thomas joined the Management Board as Managing Director and Chief Technology Officer.
Thomas Wolff is a German national who holds a diploma from the FOM Hochschule Frankfurt a.M.
Folkert Joling joined our company in 2006 as a trader and was named Head of Trading in 2011 and Global Head of Trading in 2016. Having eleven years of experience in our trading department, Folkert joined the Management Board as Managing Director and Chief Trading Officer in 2018. As Chief Trading Officer, Folkert has the responsibility for the development and realization of the Flow Trader’s trading strategies, trading processes and its daily trading operations.
Folkert Joling is a Dutch national who holds a Master’s degree in Applied Mathematics from the Twente University.
Eric was appointed Chairman of the Supervisory Board on 9 July 2015. He serves on the Remuneration and Appointment Committee, the Audit Committee, the Risk Committee and the Trading & Technology Committee. His current term expires in 2019. Eric has 30 years domestic and international banking experience, including at ABN AMRO’s predecessors, ING Bank and its predecessors and Rabobank. He served as CEO of ING Direct and ING Bank Australia between 2006 and 2009, before becoming a board member of ING Bank Slaski (Poland) until 2011. He then moved to Rabobank, serving three years as Chief International Direct & Retail Banking. He was a non-executive board member at several banks in Europe, Africa and Australia/New Zealand. His other functions include sitting on the Supervisory Board of Euro Pool Systems International B.V. Lievense B.V. and The Greenery B.V., and he is a non-executive board member of BBI Bank in Portugal. Eric is also Operating Partner at HG-Capital in London.
Han was appointed member of the Supervisory Board on 9 July 2015. He serves on the Audit Committee, the Trading and Technology Committee and the Risk Committee. His current term expires in 2020. Han is a managing director with Summit Partners L.P., a global growth equity firm, where he has been since 2004 where he leads the firm’s European office. Prior to Summit Partners L.P., he held positions at Scotia Capital and IBM Corporation. Han is currently a director of the following Summit Partners investments: Acturis Limited, Darktrace Limited, Masternaut Group Holdings Limited, Siteimprove A/S and Relex Oy. He previously led Summit Partners’ investments in Avast Software B.V., a consumer security software company; Multifonds, a financial software company; SafeBoot Holdings B.V, a provider of enterprise security software; 360 Treasury Systems AG, a global electronic trading venue; and Welltec International ApS, a provider of robotic intervention solutions to the oil and gas industry.
Jan was appointed Vice-Chairman of the Supervisory Board on 9 July 2015. He is Chairman of the Trading and Technology Committee, and is a member of the Audit Committee, the Risk Committee, and the Remuneration and Appointment Committee. His current term expires in 2022. Jan is one of the co-founders of Flow Traders and served as its Co-CEO from its inception in 2004 until January 2014. Until 1996, Jan served as a partner at Optiver, a proprietary trading firm, and was involved in setting up its first electronic trading activities at Deutsche Börse in 1993. In 1997 he co-founded Newtrade Financial Group, an options market-making firm which discontinued after he co-founded Flow Traders in 2004.
Olivier was appointed member of the Supervisory Board on 9 July 2015. He is Chairman of the Audit Committee, and serves on the Trading and Technology Committee and the Risk Committee. His current term expires in 2019. Olivier is currently the CFO of Booking.com, and has over 25 years of experience in international financial roles. He was a senior manager for PwC until 2000, then had finance director roles and served as European CFO of TNS, an LSE-listed market research group.
Roger was appointed member of the Supervisory Board on 9 July 2015. He is Chairman of the Risk Committee, and is a member of the Trading and Technology Committee and the Remuneration and Appointment Committee. His current term expires in 2019. Roger is one of the co-founders of Flow Traders and served as its Co-CEO from its inception in 2004 until January 2014. Roger was responsible for developing Flow Traders’ vision and culture, the trading strategies and the trading floor. Roger served on the Supervisory Board of ThinkCapital Holding B.V. between 2010 and 2012.
Rudolf was appointed member of the Supervisory Board on 9 July 2015. He is Chairman of the Remuneration and Appointment Committee, and is a member of the Trading and Technology Committee and the Risk Committee. His current term expires in 2021. Originally a corporate finance and capital markets lawyer, he has over 25 years’ board-level experience at international financial institutions, including executive roles on the management boards of Goldman Sachs Bank in Frankfurt and of Deutsche Börse AG. For more than a decade he held direct oversight responsibility for FSA and BaFin regulated derivatives and securities trading businesses. Between 2000 and 2005, Rudolf served as CEO of Eurex, and from 2003 to 2005 Rudolf was Chairman of the Management Board of the Frankfurt Stock Exchange. He is currently independent Board Director of Moody’s Investors Service Limited, Moody’s Investors Service EMEA Limited, Moody’s France SAS and Moody’s Deutschland. He is also an independent Board Director at DEAG Classics AG, and a partner at Gledhow Capital Partners.
The Supervisory Board has four committees: an Audit Committee, a Remuneration and Appointment Committee, a Risk Committee, and a Trading & Technology Committee. The composition of the committees is as follows:
|Audit Committee||Remuneration & Appointment Committee||Risk Committee||Trading & Technology Committee|
|Olivier Bisserier (Chairman)||Rudolf Ferscha (Chairman)||Roger Hodenius (Chairman)||Jan van Kuijk (Chairman)|
|Eric Drok||Eric Drok||Olivier Bisserier||Olivier Bisserier|
|Jan van Kuijk||Roger Hodenius||Rudolf Ferscha||Roger Hodenius|
|Han Sikkens||Jan van Kuijk||Jan van Kuijk||Han Sikkens|
|Eric Drok||Eric Drok|
|Han Sikkens||Rudolf Ferscha|
At Flow Traders we acknowledge the importance of ensuring integrity and maintaining and enhancing an open and transparent communication with all stakeholders and other parties interested in our company. Here you can find our corporate governance releated materials as well al information about our Management and Supervisory Board.
Articles of Association (English)
Articles of Association (Dutch)
By-Laws Management Board
By-Laws Supervisory Board
Composition Committees Supervisory Board
Main Elements Contract Management Board
Rotation Schedule Supervisory Board
Supervisory Board Profile
Terms of Reference - Audit Committee
Terms of Reference - Remuneration and Appointment Committee
Terms of Reference - Risk Committee
Terms of Reference - Trading & Technology Committee