The Supervisory Board of flatexDEGIRO SE has resolved to reappoint Oliver Behrens as Chief Executive Officer of the company, extending his original term that was set to expire in September 2027 through March 2029. Behrens, who has served as CEO since October 2024, was also reappointed as CEO of flatexDEGIRO Bank SE until the same date. This early contract extension ensures continuity in the company's leadership and underscores the board's confidence in both the company's recent performance and its long-term growth strategy.
Hans-Hermann Lotter, Chairman of the Supervisory Board of flatexDEGIRO SE, stated that under Behrens' leadership, the company has demonstrated strong momentum over the past eighteen months and significantly strengthened its position as the leading platform for building wealth in Europe. Lotter specifically highlighted the continuous launch of new products and services, strong development of operational and financial metrics, and clear focus on customer value as factors that have sustainably driven the company's growth. The Supervisory Board expressed conviction that Behrens will further build on this successful trajectory in the coming years.
Since assuming his role in October 2024, Behrens has played a key role in advancing flatexDEGIRO and consistently executing the strategic priorities presented in February 2025. Key areas of focus have included improving operational efficiency, expanding the product offering, and driving the company's strategic growth initiatives. Behrens expressed gratitude for the trust placed in him by the Supervisory Board, noting that the contract extension reflects a shared understanding that growth is primarily driven by innovation and the consistent rollout of new products.
flatexDEGIRO serves more than 3.5 million customers across 16 countries and holds Assets under Custody of close to EUR 100 billion. The company processed more than 75 million securities transactions for its customers in 2025. Through its three brokerage platforms - DEGIRO, flatex and ViTrade - flatexDEGIRO provides trading access to around 50 stock exchanges in Europe, North America and the Asia-Pacific region as well as to over-the-counter direct trading. The company's brokerage and banking business related to securities trading are handled by flatexDEGIRO Bank SE, a subsidiary with a full banking license.
The early contract extension signals stability for the company's more than 3.5 million customers and the broader European financial services industry. Leadership continuity at this scale of operation - with close to EUR 100 billion in Assets under Custody - provides reassurance to investors and market participants about the company's strategic direction. The decision reflects confidence in Behrens' ability to continue scaling the European platform and creating sustainable long-term value through innovation and operational efficiency improvements.
For the financial services sector, this announcement demonstrates how established fintech companies are prioritizing leadership stability as they mature in competitive markets. The extension through 2029 provides Behrens with a substantial timeframe to execute long-term strategic initiatives, particularly important as the company continues to expand its product offerings and enhance platform efficiency. The company's proprietary technology with very high availability along the entire value chain has set standards in platform and service quality, and continued leadership consistency suggests these technological advantages will be maintained and enhanced.
