Arie van der Steen is a financial expert and a seasoned executive, with specific experience in collective redress and mass litigation. He serves on the (supervisory) board of several foundations seeking compensation for injured parties in various cases (for example related to the so-called “diesel-gate” emissions scandal and the trucks cartel). In addition to his executive experience, Arie is also an accountant.

His knowledge and experience with respect to collective redress in general, and financial matters in particular, make him an ideal addition to the foundation’s board, alongside its chairman, professor Gunther Friedl.

"The extent of the fraud at Wirecard is shocking. It is clear that Wirecard has misled thousands of investors causing EUR billions in losses. Speaking from my own experience as an accountant, I cannot understand how the group auditor EY approved Wirecard’s accounts year after year, ignoring the many red flags that the accounts were fraudulent.

I am honoured to contribute to this initiative as a board member of the foundation and eager to take the fight to EY on behalf of injured Wirecard investors.”