flatex AG is expanding its management team. May 1, 2020 Stefan Armbruster will join as Managing Director and member of the Executive Committee and will lead the B2C business together with Niklas Helmreich. He will also be responsible for the retail products and transaction flow. With Stefan Armbruster, flatex is winning a proven expert in the area of structured products. Most recently, Stefan Armbruster was responsible for the European business with investment certificates and structured products as a member of the Management Board of Bank Vontobel Europe AG. Prior to that, he was Global Co-Head of the Retail Structured Products division at Deutsche Bank for 15 years.