Management. Leadership and expertise.

Matthias Wargers
Chairman of the Management Board / CEOMatthias Wargers has been a member of the Management Board of Ascory Bank AG since March 2025 and serves as Chairman of the Management Board. He is responsible for the Market division and thus for the bank's core business areas of Fintech, Energy Transition and Leveraged Finance. In addition, his responsibilities include the monitoring and management of the bank's internal treasury department.
Matthias Wargers completed his master's degree in economics at the University of Nuremberg and has been working in the financial industry for over 25 years. As a member of the supervisory board and chairman of the risk committee, he supported the restructuring of NordLB and was involved in setting up the private equity firm SENCO Capital, which focuses on companies in the energy transition and hydrogen sectors. Prior to that, he was a long-standing spokesman for the EAA board. In this role, and previously as head of corporate development at WestLB, he realigned and successfully positioned numerous companies, particularly in the financial sector, in the market.

Daniel Piatek
Management Board / CRODaniel Piatek has been a member of the Management Board of Ascory Bank AG since October 2026. In this role, he is responsible for the back-office divisions of Credit, Risk, Compliance, Finance and Regulatory Reporting. His responsibilities cover key functions relating to the bank's risk management and overall governance and control framework.
Daniel Piatek graduated with a degree in economics, specialising in banking management, from the University of Basel and has been active in the financial sector for more than 20 years. In various senior management roles at Deutsche Bundesbank, NORD/LB, Deutsche Postbank, comdirect bank and, most recently, PEAC Germany GmbH, he was responsible for key areas of risk management, compliance and overall bank management. In addition, he has led numerous transformation and digitalisation projects and overseen the implementation of complex regulatory requirements in the banking sector.

Kai Friedrichs
Management Board / COO & CIOKai Friedrichs has been a member of the Management Board of Ascory Bank AG since October 2026. He has been with the bank since 2011 and is responsible for the back-office divisions of IT and Banking Operations. His responsibilities cover key functions relating to the bank’s operational infrastructure and technological development.
Kai Friedrichs began his professional career with an apprenticeship in mechanical engineering and systems technology before moving into the financial sector. Following roles at Commerzbank AG and Sparkasse Münsterland Ost, he joined Ascory Bank in 2011. Alongside his professional career, he obtained a qualification as a Certified Banking Specialist from the Frankfurt School of Finance & Management, as well as a Master of Science in Occupational and Communication Psychology. Since 2019, he has been responsible for key areas of the bank as Chief Operating Officer (COO) and Chief Information Officer (CIO) and also lectures at the Frankfurt School.
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