Executive Board

Thomas RichterThomas Richter, Chief Executive Officer of BVI

Since July 2011, Thomas Richter is CEO of BVI. He started his career at Deutsche Börse AG in 1995. In 1999 Thomas Richter joined DWS Investment GmbH where he held various executive positions before becoming a board member in 2007.

Thomas Richter holds a master of law from the University of Augsburg, a master of arts from the Universities of Limoges/France and Augsburg, and is a certified stock market trader and investment analyst DVFA/CEFA.

Thomas Richter is a member of the Administrative Council of the Federal Financial Supervisory Authority (BaFin) and a Deputy Member of their Advisory Council. He is also a member of the Financial Markets Watchdog Council and a board member of the European Fund and Asset Management Association (EFAMA).

Rudolf Siebel, Master of Law (LL.M)

Rudolf Siebel Rudolf Siebel was born on 13 January 1961 in Ingolstadt, Germany. He studied Law in Gießen, Germany, Geneva, Switzerland, and Georgetown, Washington D.C., USA. From 1991 to 1993 he worked as an advisor on securities investment and international affairs at BVI, and subsequently from 1993 to 1998 as Vice President Senior Credit Officer at Moody's Deutschland GmbH. Rudolf Siebel returned to BVI in 1998, where he has been Managing Director since 2003.

Rudolf Siebel represents the interests of the fund industry on the Advisory Board of the German Federal Financial Supervisory Authority (BaFin). He is a Member of the German SEPA Committee, set up by the German Federal Ministry of Finance (BMF) and the Deutsche Bundesbank.

Rudolf Siebel is Vice Chair of the Securities Market Practice Group (SMPG) and Board  Member of the German Asset Management Standards Committee (GAMSC) to support GIPS standards. He is Member of the European Post-trade Forum (EPTF) of the European Commission.

Board of Directors


The Committees set up by the General Meeting cover a wide range of specific subject areas. Every Committee develops industry positions on each specific subject and submits recommendations to the General Meeting as well as the Board of Directors.

The Committees have established Working Groups to design solutions to specific issues.

General Meeting

As per its Articles of Association, the highest executive body of BVI is the General Meeting. It approves the association's budget and elects the Board of Directors. The General Meeting also appoints Committees and decides on the acceptance of new members.