Since Klaus Vehns was appointed General Manager of Rabobank in Frankfurt in July 2016, he has been responsible for all business units of the German Branch of the Rabobank Group, including RaboDirect. In addition he assumed the role of European Head of Direct Banking beginning 2019. Previously, he initiated the implementation of RaboDirect in Germany in 2012 and positioned the direct bank successfully as a new player in the highly competitive German online-banking-market. Before this time, the diploma-holding economist gained broad experience in establishing digital banking. In his former career, Vehns was responsible for the Direct Banking business of BMW for eight years, after managing the Business Development & Treasury department of comdirect bank AG. Moreover, he was involved in launching a pan-European online banking platform for an Irish internet startup. He gained additional international experience as representative of Landesbank Schleswig-Holstein for ship finance in London before returning to Germany.