Audit Committee

The Audit Committee prepares matters relating to accounting and risk management. In particular, it deals with monitoring the accounting process, the effectiveness of the internal control system, the internal audit system and the risk management system, auditing the annual and group financial statements, the required independence of the auditor and determines the main points of the audit.

Members of the Audit Committee of the Supervisory Board of KfW

Chair of the Audit Committee:

Daniel Quinten
Member of the Board of Managing Directors of the National Association of German Cooperative Banks (BVR)

Deputy Chair:

Lars Klingbeil
Federal Minister of Finance

Further Members are:

Katharina Beck
Member of the German Bundestag

  • Substitute if unable to perform duties:
    Frank Schäffler
    Member of the German Bundestag (retired)

Dr Heiko Geue
Minister of Finance of the State of Mecklenburg-Vorpommern

  • Substitute if unable to perform duties:
    N.N.

Marion Höllinger
Member of the Board of Managing Directors of the Association of German Banks (BdB)

  • Substitute if unable to perform duties:
    Dr Bettina Orlopp
    Chair of the Board of Managing Directors of Commerzbank AG

Katherina Reiche
Federal Minister for Economic Affairs and Energy

Prof Dr Ulrich Reuter
President of the German Savings Banks Association (DSGV)

  • Substitute if unable to perform duties:
    Dr Bettina Orlopp
    Chair of the Board of Managing Directors of Commerzbank AG

Dr Thorsten Rudolph
Member of the German Bundestag

  • Substitute if unable to perform duties:
    Olav Gutting
    Member of the German Bundestag

As of May 2025

Contact

KfW Group

Palmengartenstrasse 5-9

60325 Frankfurt am Main

Germany

Mission and tasks

Law Concerning KfW and KfW Bylaws.