Former BMW and Deutsche Bank CFO Stefan Krause Joins artius.iD’s Advisory Board

Former BMW Group and Deutsche Bank CFO Stefan Krause has joined artius.iD’s Board of Strategic Advisors, bringing over three decades of executive experience to the cybersecurity and digital identity solutions provider. The appointment comes at a time when financial institutions are increasingly adopting sophisticated digital identity solutions to enhance security and improve customer experience.

artius.iD focuses on providing cybersecurity technologies for multinational corporations and small-to-medium businesses. The company’s decentralized identity management approach is in line with the growing industry trend toward user-controlled digital identities.

Krause’s extensive background includes serving as CFO at both BMW Group and Deutsche Bank, as well as chairman positions at Rolls-Royce, Postbank AG, and BHF Bank. He has also held board memberships at Allianz AG, Rocket Internet, and Wiesmann Automotive. More recently, Krause founded B-ON, an all-service EV solutions provider, and co-founded the EV manufacturer Canoo. His experience in both automotive and financial sectors positions him well to advise on the increasing convergence of digital identity solutions across these industries.

“artius.iD’s innovative approach is critical to addressing today’s identity security challenges,” Krause stated regarding his appointment, “and I’m excited to contribute to its rapid growth and success.”

Michael Marcotte, founder, Chairman, and CEO of artius.iD, commented, “Stefan Krause’s unrivalled depth of experience will be invaluable to artius.iD as we continue to support the increasingly complex cybersecurity and digital ID needs of leading firms across the finance and automotive industries.”

The appointment follows the recent additions of Burton M. Goldfield, former CEO and President of TriNet, and Ed Watal, founder and Principal of Intellibus, to the company’s Board of Strategic Advisors. These appointments align with artius.iD’s expansion in providing secure, self-managed identity solutions, decentralized ID management, and quantum encryption resilience technologies.

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December 18, 2024 – by the ID Tech Editorial Team