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Our Specialised Committees

Within our Board of Directors, we have a number of specialised committees which help guide the Luxembourg Stock Exchange (LuxSE)’s Executive Committee on key topics – all of which you can find below.

 

Audit, Risk and Compliance Committee

President
Carlo Thelen
(independent director)

Carlo Thelen is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE) and the President of its Audit, Risk and Compliance Committee.

Mr Thelen is Director General of Luxembourg’s Chamber of Commerce which he joined in 1996 as an Economic Advisor before going on to join the Executive Committee in 2003. The following year, Mr Thelen became the Director of International Affairs before being nominated for the role of Director General in 2014. Until 2019, he was also the Chief Economist of the Chamber of Commerce.

Mr Thelen represents the Chamber of Commerce in different working groups and councils in Luxembourg institutions and holds a master's degree in Economics from the Catholic University of Louvain in Belgium.

In addition to his economic expertise, Carlo Thelen has extensive experience in commercial and economic advocacy as he regularly participates in economic missions abroad where he promotes the Luxembourg economy and businesses.

Carlo Thelen
(independent director)

Carlo Thelen is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE) and the President of its Audit, Risk and Compliance Committee.

Mr Thelen is Director General of Luxembourg’s Chamber of Commerce which he joined in 1996 as an Economic Advisor before going on to join the Executive Committee in 2003. The following year, Mr Thelen became the Director of International Affairs before being nominated for the role of Director General in 2014. Until 2019, he was also the Chief Economist of the Chamber of Commerce.

Mr Thelen represents the Chamber of Commerce in different working groups and councils in Luxembourg institutions and holds a master's degree in Economics from the Catholic University of Louvain in Belgium.

In addition to his economic expertise, Carlo Thelen has extensive experience in commercial and economic advocacy as he regularly participates in economic missions abroad where he promotes the Luxembourg economy and businesses.

Members
Bob Kieffer
Bob Kieffer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remunerations and Nomination Committee as well as its Strategic Committee.

Mr Kieffer is the Director of Treasury and Secretary General at the Luxembourg Ministry of Finance.
Since 2024, Mr Kieffer also serves as Chairman of the Board of Directors of BGL BNP Paribas, where he started his career in finance back in 2006.

Mr Kieffer holds a Doctorate in Public Law from the University of Strasbourg and a Senior Executive Fellows Certificate from the Harvard Kennedy School.

He is an Adjunct Lecturer at the University of Luxembourg as well as an author of a number of academic publications in the field of international, banking and tax law, as well as literary short stories.
Bob Kieffer
Bob Kieffer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remunerations and Nomination Committee as well as its Strategic Committee.

Mr Kieffer is the Director of Treasury and Secretary General at the Luxembourg Ministry of Finance.
Since 2024, Mr Kieffer also serves as Chairman of the Board of Directors of BGL BNP Paribas, where he started his career in finance back in 2006.

Mr Kieffer holds a Doctorate in Public Law from the University of Strasbourg and a Senior Executive Fellows Certificate from the Harvard Kennedy School.

He is an Adjunct Lecturer at the University of Luxembourg as well as an author of a number of academic publications in the field of international, banking and tax law, as well as literary short stories.
Alain Kinsch
(independent director)
Alain Kinsch is the President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, and the President of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Mr Kinsch serves on the board of  several companies as non-executive director. He is the Vice-President of the Luxembourg State Council, the Consul General of the Republic of the Philippines to Luxembourg and the Vice-President of SOS Children’s Villages in Luxembourg.

Mr Kinsch has a career spanning 25 years, which started at Arthur Andersen. In 2002, Mr Kinsch joined EY Luxembourg before becoming a Partner in 2004. A specialist in Private Equity, Mr Kinsch founded and led the EY Private Equity practice. He also led the Private Equity fund practice for EY in EMEIA.

Before becoming President of LuxSE, Mr Kinsch was the Country Managing Partner of EY Luxembourg and a member of several EY European regional leadership teams and committees.

Mr Kinsch holds an M.B.A. from INSEAD, Fontainebleau and post-graduate and graduate degrees from the University of Paris-Dauphine.
Alain Kinsch
(independent director)
Alain Kinsch is the President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, and the President of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Mr Kinsch serves on the board of  several companies as non-executive director. He is the Vice-President of the Luxembourg State Council, the Consul General of the Republic of the Philippines to Luxembourg and the Vice-President of SOS Children’s Villages in Luxembourg.

Mr Kinsch has a career spanning 25 years, which started at Arthur Andersen. In 2002, Mr Kinsch joined EY Luxembourg before becoming a Partner in 2004. A specialist in Private Equity, Mr Kinsch founded and led the EY Private Equity practice. He also led the Private Equity fund practice for EY in EMEIA.

Before becoming President of LuxSE, Mr Kinsch was the Country Managing Partner of EY Luxembourg and a member of several EY European regional leadership teams and committees.

Mr Kinsch holds an M.B.A. from INSEAD, Fontainebleau and post-graduate and graduate degrees from the University of Paris-Dauphine.
Marc Lauer
Marc Lauer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE) and a member of its Audit, Risk and Compliance Committee.

Mr Lauer is CEO of Foyer S.A.
Since joining Foyer Group as its COO in 2004, Mr Lauer became a member of the Board of Directors of Foyer S.A. in 2013 before going on to become CEO the following year.

In addition to being Chairman of the Board of Directors of Foyer Global Health S.A., Mr Lauer is also a director of Foyer S.A., Foyer Assurances S.A., Foyer Vie S.A., WEALINS S.A. and CapitalatWork Foyer Group S.A. and sits on the boards of Commissariat aux Assurances (CAA) and Association des Banques et Banquiers, Luxembourg (ABBL).
He is also a founding member of the Luxembourg Association of Actuaries (ILAC) and Hëllef um Terrain (HUT). 

Mr Lauer holds a Master’s degree in Actuarial Sciences and a Master’s degree in Economics from the Université Libre de Bruxelles.
Marc Lauer
Marc Lauer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE) and a member of its Audit, Risk and Compliance Committee.

Mr Lauer is CEO of Foyer S.A.
Since joining Foyer Group as its COO in 2004, Mr Lauer became a member of the Board of Directors of Foyer S.A. in 2013 before going on to become CEO the following year.

In addition to being Chairman of the Board of Directors of Foyer Global Health S.A., Mr Lauer is also a director of Foyer S.A., Foyer Assurances S.A., Foyer Vie S.A., WEALINS S.A. and CapitalatWork Foyer Group S.A. and sits on the boards of Commissariat aux Assurances (CAA) and Association des Banques et Banquiers, Luxembourg (ABBL).
He is also a founding member of the Luxembourg Association of Actuaries (ILAC) and Hëllef um Terrain (HUT). 

Mr Lauer holds a Master’s degree in Actuarial Sciences and a Master’s degree in Economics from the Université Libre de Bruxelles.
Françoise Thoma

Françoise Thoma is the Vice-President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remuneration and Nomination Committee, as well as its Strategic Committee.

Ms Thoma is CEO and President of the Executive Committee of Spuerkeess.

A lawyer with qualifications from Université de Paris II and Harvard Law School, Ms Thoma worked as a Référendaire at the European Court of Justice before joining Spuerkeess in 1999 where, since then, she held the roles of Secretary General and Head of Secretary General Department as well as Executive Vice President and Member of the Excom before becoming CEO and President of the bank in 2016.
Françoise Thoma

Françoise Thoma is the Vice-President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remuneration and Nomination Committee, as well as its Strategic Committee.

Ms Thoma is CEO and President of the Executive Committee of Spuerkeess.

A lawyer with qualifications from Université de Paris II and Harvard Law School, Ms Thoma worked as a Référendaire at the European Court of Justice before joining Spuerkeess in 1999 where, since then, she held the roles of Secretary General and Head of Secretary General Department as well as Executive Vice President and Member of the Excom before becoming CEO and President of the bank in 2016.

 

Remuneration and Nomination Committee

President
Alain Kinsch
(independent director)
Alain Kinsch is the President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, and the President of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Mr Kinsch serves on the board of  several companies as non-executive director. He is the Vice-President of the Luxembourg State Council, the Consul General of the Republic of the Philippines to Luxembourg and the Vice-President of SOS Children’s Villages in Luxembourg.

Mr Kinsch has a career spanning 25 years, which started at Arthur Andersen. In 2002, Mr Kinsch joined EY Luxembourg before becoming a Partner in 2004. A specialist in Private Equity, Mr Kinsch founded and led the EY Private Equity practice. He also led the Private Equity fund practice for EY in EMEIA.

Before becoming President of LuxSE, Mr Kinsch was the Country Managing Partner of EY Luxembourg and a member of several EY European regional leadership teams and committees.

Mr Kinsch holds an M.B.A. from INSEAD, Fontainebleau and post-graduate and graduate degrees from the University of Paris-Dauphine.
Alain Kinsch
(independent director)
Alain Kinsch is the President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, and the President of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Mr Kinsch serves on the board of  several companies as non-executive director. He is the Vice-President of the Luxembourg State Council, the Consul General of the Republic of the Philippines to Luxembourg and the Vice-President of SOS Children’s Villages in Luxembourg.

Mr Kinsch has a career spanning 25 years, which started at Arthur Andersen. In 2002, Mr Kinsch joined EY Luxembourg before becoming a Partner in 2004. A specialist in Private Equity, Mr Kinsch founded and led the EY Private Equity practice. He also led the Private Equity fund practice for EY in EMEIA.

Before becoming President of LuxSE, Mr Kinsch was the Country Managing Partner of EY Luxembourg and a member of several EY European regional leadership teams and committees.

Mr Kinsch holds an M.B.A. from INSEAD, Fontainebleau and post-graduate and graduate degrees from the University of Paris-Dauphine.
Members
Jeffrey Dentzer
Jeffrey Dentzer is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Prior to taking on his current position of CEO of Banque Internationale à Luxembourg (BIL), Mr Dentzer occupied different senior management positions within BIL, including Deputy CEO, Chief of Luxembourg Market and Corporate and Institutional Banking (CIB), Head of Corporate and Institutional Banking, Head of Large Corporates and Structured Finance and Head of Institutional Banking.

He started his career at Dexia-BIL and moved on to Spuerkees, Luxembourg before coming back to BIL.

Mr Dentzer holds a degree in Economics and Business Management from the University Louis Pasteur in Strasbourg, France. He also holds a Postgraduate Diploma in Management from the Surrey European Management School, England.
Jeffrey Dentzer
Jeffrey Dentzer is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Prior to taking on his current position of CEO of Banque Internationale à Luxembourg (BIL), Mr Dentzer occupied different senior management positions within BIL, including Deputy CEO, Chief of Luxembourg Market and Corporate and Institutional Banking (CIB), Head of Corporate and Institutional Banking, Head of Large Corporates and Structured Finance and Head of Institutional Banking.

He started his career at Dexia-BIL and moved on to Spuerkees, Luxembourg before coming back to BIL.

Mr Dentzer holds a degree in Economics and Business Management from the University Louis Pasteur in Strasbourg, France. He also holds a Postgraduate Diploma in Management from the Surrey European Management School, England.
Bob Kieffer
Bob Kieffer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remunerations and Nomination Committee as well as its Strategic Committee.

Mr Kieffer is the Director of Treasury and Secretary General at the Luxembourg Ministry of Finance.
Since 2024, Mr Kieffer also serves as Chairman of the Board of Directors of BGL BNP Paribas, where he started his career in finance back in 2006.

Mr Kieffer holds a Doctorate in Public Law from the University of Strasbourg and a Senior Executive Fellows Certificate from the Harvard Kennedy School.

He is an Adjunct Lecturer at the University of Luxembourg as well as an author of a number of academic publications in the field of international, banking and tax law, as well as literary short stories.
Bob Kieffer
Bob Kieffer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remunerations and Nomination Committee as well as its Strategic Committee.

Mr Kieffer is the Director of Treasury and Secretary General at the Luxembourg Ministry of Finance.
Since 2024, Mr Kieffer also serves as Chairman of the Board of Directors of BGL BNP Paribas, where he started his career in finance back in 2006.

Mr Kieffer holds a Doctorate in Public Law from the University of Strasbourg and a Senior Executive Fellows Certificate from the Harvard Kennedy School.

He is an Adjunct Lecturer at the University of Luxembourg as well as an author of a number of academic publications in the field of international, banking and tax law, as well as literary short stories.
Françoise Thoma

Françoise Thoma is the Vice-President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remuneration and Nomination Committee, as well as its Strategic Committee.

Ms Thoma is CEO and President of the Executive Committee of Spuerkeess.

A lawyer with qualifications from Université de Paris II and Harvard Law School, Ms Thoma worked as a Référendaire at the European Court of Justice before joining Spuerkeess in 1999 where, since then, she held the roles of Secretary General and Head of Secretary General Department as well as Executive Vice President and Member of the Excom before becoming CEO and President of the bank in 2016.
Françoise Thoma

Françoise Thoma is the Vice-President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remuneration and Nomination Committee, as well as its Strategic Committee.

Ms Thoma is CEO and President of the Executive Committee of Spuerkeess.

A lawyer with qualifications from Université de Paris II and Harvard Law School, Ms Thoma worked as a Référendaire at the European Court of Justice before joining Spuerkeess in 1999 where, since then, she held the roles of Secretary General and Head of Secretary General Department as well as Executive Vice President and Member of the Excom before becoming CEO and President of the bank in 2016.

 

Strategic Committee

President
Alain Kinsch
(independent director)
Alain Kinsch is the President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, and the President of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Mr Kinsch serves on the board of  several companies as non-executive director. He is the Vice-President of the Luxembourg State Council, the Consul General of the Republic of the Philippines to Luxembourg and the Vice-President of SOS Children’s Villages in Luxembourg.

Mr Kinsch has a career spanning 25 years, which started at Arthur Andersen. In 2002, Mr Kinsch joined EY Luxembourg before becoming a Partner in 2004. A specialist in Private Equity, Mr Kinsch founded and led the EY Private Equity practice. He also led the Private Equity fund practice for EY in EMEIA.

Before becoming President of LuxSE, Mr Kinsch was the Country Managing Partner of EY Luxembourg and a member of several EY European regional leadership teams and committees.

Mr Kinsch holds an M.B.A. from INSEAD, Fontainebleau and post-graduate and graduate degrees from the University of Paris-Dauphine.
Alain Kinsch
(independent director)
Alain Kinsch is the President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, and the President of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Mr Kinsch serves on the board of  several companies as non-executive director. He is the Vice-President of the Luxembourg State Council, the Consul General of the Republic of the Philippines to Luxembourg and the Vice-President of SOS Children’s Villages in Luxembourg.

Mr Kinsch has a career spanning 25 years, which started at Arthur Andersen. In 2002, Mr Kinsch joined EY Luxembourg before becoming a Partner in 2004. A specialist in Private Equity, Mr Kinsch founded and led the EY Private Equity practice. He also led the Private Equity fund practice for EY in EMEIA.

Before becoming President of LuxSE, Mr Kinsch was the Country Managing Partner of EY Luxembourg and a member of several EY European regional leadership teams and committees.

Mr Kinsch holds an M.B.A. from INSEAD, Fontainebleau and post-graduate and graduate degrees from the University of Paris-Dauphine.
Members
Jeffrey Dentzer
Jeffrey Dentzer is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Prior to taking on his current position of CEO of Banque Internationale à Luxembourg (BIL), Mr Dentzer occupied different senior management positions within BIL, including Deputy CEO, Chief of Luxembourg Market and Corporate and Institutional Banking (CIB), Head of Corporate and Institutional Banking, Head of Large Corporates and Structured Finance and Head of Institutional Banking.

He started his career at Dexia-BIL and moved on to Spuerkees, Luxembourg before coming back to BIL.

Mr Dentzer holds a degree in Economics and Business Management from the University Louis Pasteur in Strasbourg, France. He also holds a Postgraduate Diploma in Management from the Surrey European Management School, England.
Jeffrey Dentzer
Jeffrey Dentzer is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Remuneration and Nomination Committee, as well as its Strategic Committee.

Prior to taking on his current position of CEO of Banque Internationale à Luxembourg (BIL), Mr Dentzer occupied different senior management positions within BIL, including Deputy CEO, Chief of Luxembourg Market and Corporate and Institutional Banking (CIB), Head of Corporate and Institutional Banking, Head of Large Corporates and Structured Finance and Head of Institutional Banking.

He started his career at Dexia-BIL and moved on to Spuerkees, Luxembourg before coming back to BIL.

Mr Dentzer holds a degree in Economics and Business Management from the University Louis Pasteur in Strasbourg, France. He also holds a Postgraduate Diploma in Management from the Surrey European Management School, England.
Bob Kieffer
Bob Kieffer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remunerations and Nomination Committee as well as its Strategic Committee.

Mr Kieffer is the Director of Treasury and Secretary General at the Luxembourg Ministry of Finance.
Since 2024, Mr Kieffer also serves as Chairman of the Board of Directors of BGL BNP Paribas, where he started his career in finance back in 2006.

Mr Kieffer holds a Doctorate in Public Law from the University of Strasbourg and a Senior Executive Fellows Certificate from the Harvard Kennedy School.

He is an Adjunct Lecturer at the University of Luxembourg as well as an author of a number of academic publications in the field of international, banking and tax law, as well as literary short stories.
Bob Kieffer
Bob Kieffer is a member of of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remunerations and Nomination Committee as well as its Strategic Committee.

Mr Kieffer is the Director of Treasury and Secretary General at the Luxembourg Ministry of Finance.
Since 2024, Mr Kieffer also serves as Chairman of the Board of Directors of BGL BNP Paribas, where he started his career in finance back in 2006.

Mr Kieffer holds a Doctorate in Public Law from the University of Strasbourg and a Senior Executive Fellows Certificate from the Harvard Kennedy School.

He is an Adjunct Lecturer at the University of Luxembourg as well as an author of a number of academic publications in the field of international, banking and tax law, as well as literary short stories.
Frédéric Surdon
Frédéric Surdon is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE) and a member of its Strategic Committee.

Mr Surdon is Managing Director of Société Générale Luxembourg. 
He  joined Societe Generale Group in 1995, where he worked in the Real Estate department until 2000 before joining the structured financing team. In 2004, he became Deputy Head for Continental Europe and US for the structured financing, then Head for the same perimeter in 2006.

From 2008 to 2013, he was COO of the Global Finance’s division (worldwide) when he was then appointed as Global Head of Export Finance. Since 2019, Mr Surdon is a member of Société Générale Luxembourg’s Board of Director and is also the Global Head of Asset Finance since 2023.

He holds a MBA from ESSEC and in Civil Engineering from ESTP.
Frédéric Surdon
Frédéric Surdon is a member of the Board of Directors of the Luxembourg Stock Exchange (LuxSE) and a member of its Strategic Committee.

Mr Surdon is Managing Director of Société Générale Luxembourg. 
He  joined Societe Generale Group in 1995, where he worked in the Real Estate department until 2000 before joining the structured financing team. In 2004, he became Deputy Head for Continental Europe and US for the structured financing, then Head for the same perimeter in 2006.

From 2008 to 2013, he was COO of the Global Finance’s division (worldwide) when he was then appointed as Global Head of Export Finance. Since 2019, Mr Surdon is a member of Société Générale Luxembourg’s Board of Director and is also the Global Head of Asset Finance since 2023.

He holds a MBA from ESSEC and in Civil Engineering from ESTP.
Françoise Thoma

Françoise Thoma is the Vice-President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remuneration and Nomination Committee, as well as its Strategic Committee.

Ms Thoma is CEO and President of the Executive Committee of Spuerkeess.

A lawyer with qualifications from Université de Paris II and Harvard Law School, Ms Thoma worked as a Référendaire at the European Court of Justice before joining Spuerkeess in 1999 where, since then, she held the roles of Secretary General and Head of Secretary General Department as well as Executive Vice President and Member of the Excom before becoming CEO and President of the bank in 2016.
Françoise Thoma

Françoise Thoma is the Vice-President of the Board of Directors of the Luxembourg Stock Exchange (LuxSE), a member of its Audit, Risk and Compliance Committee, its Remuneration and Nomination Committee, as well as its Strategic Committee.

Ms Thoma is CEO and President of the Executive Committee of Spuerkeess.

A lawyer with qualifications from Université de Paris II and Harvard Law School, Ms Thoma worked as a Référendaire at the European Court of Justice before joining Spuerkeess in 1999 where, since then, she held the roles of Secretary General and Head of Secretary General Department as well as Executive Vice President and Member of the Excom before becoming CEO and President of the bank in 2016.
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Always in motion
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Always in motion