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 due to expire in September 2027 early until March 2029. This early contract extension ensures continuity in the company's leadership and underscores the board's confidence in the online broker's performance and long-term growth strategy.
Hans-Hermann Lotter, Chairman of the Supervisory Board of flatexDEGIRO SE, stated that under Behrens' leadership, the company has seen strong momentum over the past eighteen months and significantly strengthened its position as the leading platform for building wealth in Europe. Lotter specifically cited 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.
Since taking office 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. The company serves more than 3.5 million customers in 16 countries and holds assets under custody of close to €100 billion, having processed more than 75 million securities transactions for its customers in 2025.
Behrens expressed gratitude for the trust placed in him by the Supervisory Board, noting that the contract extension reflects their shared understanding that growth is primarily driven by innovation and the consistent rollout of new products. He emphasized that together with the entire team, they will continue to pursue their growth strategy and further enhance efficiency to scale their European platform and create sustainable long-term value.
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 customers are active and well-informed traders who trade without investment advice, with ViTrade specifically serving highly active traders. Brokerage and banking business related to securities trading are handled by flatexDEGIRO Bank SE, a subsidiary with a full banking license.
This leadership decision is significant for European financial markets as flatexDEGIRO represents a major player in the continent's online brokerage sector. The early extension signals stability to investors and customers at a time when financial markets face uncertainty, and reinforces the company's commitment to its strategic direction. The continuity in leadership suggests the company will maintain its current trajectory of product innovation and platform expansion across its European markets. For more information about the company, visit https://www.flatexdegiro.com.
