Board of Directors

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Chairman, Member

Following a mission as Advisor to the Finance Minister in Valetta before and during the 2017 Maltese EU Presidency, Hugo Woestmann now works as an Independent Director. 

Prior to that, and after five years in the private sector, he filled several functions during his time at the European Investment Bank, dealing i.a. with the Bank's organisation  and processes, resource planning, medium-term strategy and business plans.  He finished his career in the Bank in 2016 as Deputy Director General and corporate secretary, having served the Bank’s Governing Bodies during times of several capital increases and EU enlargements, restructurings of the Board of Directors and
the independent Audit Committee.

Valérie ARNOLD

Valérie Arnold, an audit partner at PwC Luxembourg, has 27 years’ experience in the audit of investment funds, especially in Luxembourg.


Valérie was seconded for a two years period to PwC Singapore. She was involved in the audit of Unit Trust and “Asset Management” companies.


Valérie is also deeply involved in sustainable finance and represents the firm in numerous initiatives in Luxembourg.


She has followed a GRI-certified (Global Reporting Initiative) training and completed a very intensive training course on Sustainability for Business Leaders at Cambridge University.


Valérie is also a member of the IMS (Inspiring More Sustainability) board.


She has been leading the corporate responsibility efforts at PwC Luxembourg since 2015, and has started to work extensively to define what sustainability means for a service company delivering audit, tax and advisory services.


One of the visible outcomes of PwC’s sustainability journey was the 2017 Annual Review, which was fully compliant with the GRI standard on non-financial reporting.


Treasurer, Member

Martin Flaunet started his career as an auditor for the banking industry in Luxembourg.  Martin has been an audit partner since 2006 and has built expertise in banking and International Financial Reporting Standards (IFRS). As part of his 26 years of experience, Martin spent 2 years in the Banking & Securities audit department of Deloitte in New York City.

During his career supporting the banking supervisor in his capacity of banking auditor, Martin developed an expertise in the subject of corporate governance for credit institutions, especially in the context of the Single Supervisory Mechanism. Martin is the Luxembourg representative for the Deloitte Banking Union Centre in Frankfurt, a pan-European resource to meet credit institutions´ needs and requirements through a multidisciplinary team of senior and experienced professionals from the Deloitte’s Financial Services practices across Eurozone and the UK.

As part of his internal roles, Martin is also the Chief of Ethics of Deloitte in Luxembourg chairing Deloitte Ethics Committee (Luxembourg), dedicating time and efforts to implement and develop the ethics program internally and integrity within the financial sector.

Leading the Deloitte IFRS desk in Luxembourg, Martin is actively contributing to the initiatives related to sustainability as part of the financial and non-financial reporting for the Financial services industry. He is heavily involved in discussions on establishing global sustainability reporting standards  in order to support of transparent measurement and disclosure of information about sustainability performance through the Deloitte IFRS network.

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Jed Grant, CEO of KYC3, is a Regtech leader and decentralized systems architect who was named one of the top 200 FinTech Leaders in Europe by LATTICE80 in March of 2018. He is also an investor in and developer of decentralized regtech solutions.

Jed founded KYC3 in 2014 to leverage  big data machine learning for KYC/AML. In 2008, Jed was also a founder and partner of Sandstone SA, a boutique private intelligence firm based in Luxembourg. He is an adjunct professor at the University of Luxembourg, lecturing on KYC/AML.

In the blockchain space, Jed is the founder of Peer Mountain, a blockchain based information exchange ecosystem for compliant commerce. He is also a founder of two blockchain non-profits,  the Luxembourg Blockchain and DLT Association and Infrachain. 

Throughout his career Jed has worked and partnered  with many of the best minds in the fintech space including Professor Jorge Sanz (Luxembourg Institute in Science and Technology), Professor Thomas Engle (specialist in security and crypto research), and Jacques Santer (9th President of the European Commission).

In his pre-entrepreneurial career Jed was  a senior civilian officer in NATO and then served  as CTO of Artemis Information Management.

Serge KOLB

Serge Kolb has been a Member of the Executive Board of the Central Bank of Luxembourg for 18 years and has more than 37 years of experience in the field of finance, having worked at the Banking Control Commission, the International Monetary Fund/World Bank, the Luxembourg Monetary Institute and the Central Bank of Luxembourg, where he headed the Monetary, Economic, Statistics and IT department before rising to the position of Executive Director being in charge of Economic and monetary analysis, Statistics, International Relations, Financial Stability and Banknotes.

Alternate to the Governor of the Central Bank of Luxembourg in his capacity as a member of the Governing Council of the European Central Bank, Serge has also been actively engaged as a member of the  Economic and Financial Committee of the European Union as well as at the level of the BIS, the OECD, Eurostat and the EMI.





Anthony Smith-Meyer is a specialist within Governance, Compliance and topics relating to organisational behaviour and company direction. He is the Founder and Managing Director of a recently launched social impact, idea creation, governance website ( and is the author of the undergraduate textbook “Surviving Organisational Behaviour”. After over 30 years in mainstream banking, he founded, and was Editor-in-Chief of, the Journal of Business Compliance in January 2012 until 2016. Previously Head of Group Compliance at Fortis Group and a member of the Group Executive Committee of Compliance and Control at BNP Paribas, Anthony has been extensively involved with Compliance matters since 2003. Anthony holds the Institute of Directors Diploma in Corporate Direction and is a Certified Director of the Institut Luxembourgeois des Administrateurs. He is a member of the International Advisory Board of the International Compliance Association. Additionally, he is an Adjunct Professor and lecturer of International Business and Management at the European Campus of Miami University, Ohio, an independent executive lecturer and instructor in matters relating to Corporate Governance and Compliance; including delivery of Master Classes in Company Direction and Compliance Management in conjunction with ICA (UK) and Manchester Business School. 

Executive Director, Member

Anne Canel is the Managing Director at HLD Associé Europe and joined HLD in 2015.

Having started her career in Paris, at IGS and then KPMG, she became Finance Director at the Fondation de France. She moved to Luxembourg, where she worked at PwC and then at Banque de Luxembourg, where she was heavily involved in the launch of the Fondation de Luxembourg, before setting up her own financial consultancy and helping various clients with their relationships with both private financiers and banks.

Anne completed a Bachelor’s Degree in Economics and Finance at Strasbourg Institute of Political Studies in 1995 and a Post-Graduate Diploma in Business Administration at Paris Institute of Political Studies in 2016; she is also a chartered accountant.

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Maurice BAUER

Maurice Bauer is an alderman of the City of Luxembourg since August 2019, after having been municipal councilor of the City of Luxembourg since 2011.

He is currently Secretary General of the Luxembourg Stock Exchange since January 2014 and joined the LuxSE in 2008 taking up the legal and compliance department.

Before joining the Luxembourg Stock Exchange, he was for six years Secretary General at CETREL. Previously.  He began his training as a lawyer at Schiltz & Schiltz law firm before joining the Dexia-BIL Group as a legal advisor.

On behalf of the Luxembourg Stock Exchange, he is in charge of coordinating the works of the working group that  developed  the X Principles of Corporate Governance of the Luxembourg Stock Exchange and member of the CSSF expert group on corporate governance.

He is Chairman of the Board of Directors of the Foundation “Maison de la Porte Ouverte”, an organization that takes care of abused and disadvantaged children and women as well as of immigrants.

Maurice Bauer is a master in law, graduating in 1997 at the Robert Schuman University of Strasbourg after his secondary education at the Lycée de Garçons in Limpertsberg. During his studies, he worked as a journalist at the European Parliament and at the Council of Europe.



Matthias Forsingdal is Innovation Manager at Proximus, supporting financial institutions in their digital transformation initiatives related to KYC/AML, Big Data and Mobile-based applications. He started his career working in the aerospace industry before joining notable Big Tech companies such as Apple and Amazon in data analytics roles, leveraging data to drive revenue generation and optimize operation efficiency.

Matthias holds board mandates at several associations, including Stanford Club Luxembourg, Blockchain think-tank LëtzBlock and Tennis Club des Arquebusiers.  He is also member of the Marketing & Communications Committee of the Luxembourg Institute of Directors (ILA), bringing greater awareness of the impact of technology in governance and the importance of establishing effective communication channels.

Matthias holds a Master degree in Aeronautical Engineering from Imperial College London, and has followed post-graduate courses at the Stanford Graduate School of Business and Harvard Business School.

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Biba Homsy is a qualified lawyer and holds two masters of Laws from a French and Swiss Universities.

She was at the Swiss Financial regulator FINMA and headed the International Cooperation where she dealt with cross-border investigations from foreign authorities (e.g. in LIBOR manipulation, 1MDB).  After a qualification at Harvard and issuing a book on the International cooperation and investigations, Biba worked as Head Compliance for Luxembourg and European locations.  In addition, she is an active expert on new technologies such as AI and Blockchain applications.


Glenn Meyer is a Partner in the Banking & Financial Services practice of Arendt & Medernach. He advises banks, investment firms, payment and electronic money institutions and other professionals of the financial sector on all types of financial regulatory matters. He also handles mergers and acquisitions and asset acquisition files in the financial sector.

Glenn has also acquired considerable knowledge and expertise in the regulatory framework relating to the combat against money laundering and terrorist financing.

He has participated in a number of working groups of the Commission de Surveillance du Secteur Financier (CSSF), and the Luxembourg bankers’ association (ABBL) on various regulatory matters.

He is a guest lecturer at the University of Paris I (Panthéon-Sorbonne) in banking and financial law, at the University of Luxembourg in European banking and financial law as well as in contract law in the context of the Luxembourg bar exam. He has been a member of the Luxembourg Bar since 2001.

Glenn Meyer holds a Master's degree in business law from the Université Robert Schuman de Strasbourg (France) as well as a DEA degree in business law from the same university.

He is considered by clients as a “key figure” of the Banking & Finance sector in the Legal 500 guide, as well as “reactive and practical”.