AFP, Berlin :
Germany has tapped Mark Branson from Swiss financial regulator Finma to head its beleaguered financial watchdog Bafin, the finance ministry said Monday.
Branson, a mathematician with Swiss and British citizenship, will take up the new post “in the middle of the year”, the ministry said in a statement.
He will succeed Felix Hufeld, who was sacked in January over Bafin’s failure to prevent the Wirecard fraud – Germany’s biggest accounting scandal in living memory.
