Corporate Structure

JAO operates under a transparent governance structure designed to ensure effective management, strong oversight and equal shareholder representation, reflecting its role as a neutral European market infrastructure organisation.

JAO team
Our MB members, Tom and Frederik

Management Board

  • Chief Executive Officer

    Frederik Johnsen

    Chairman of the Management Board

    Frederik Johnsen is Chief Executive Officer and Chairman of the Management Board at JAO. Having joined the organisation in 2008, he has played a central role in building JAO into Europe’s single allocation platform for cross-border transmission capacity markets.

    As CEO, he leads JAO’s strategic direction as a neutral one-stop shop delivering secure, transparent and reliable energy market services across Europe. Under his leadership, JAO continues to strengthen market integration, support effective regulatory implementation and contribute to Europe’s energy transition.

    Frederik fosters collaboration between transmission system operators, market participants and regulators, ensuring JAO remains a trusted ecosystem integrator connecting stakeholders and enabling an equal, open and efficient electricity marketplace.

  • Chief Operating Officer

    Thomas Kieffer

    Member of the Management Board

    As Chief Operating Officer and member of the Management Board, Thomas Kieffer leads JAO’s operational and technology functions, ensuring the consistent delivery of high-quality services supporting Europe’s cross-border electricity markets.

    Drawing on extensive leadership experience in financial services and market infrastructures, he drives operational excellence, system reliability and continuous improvement across JAO’s platforms and services. His focus is on maintaining resilient, secure and scalable operations that enable seamless market functioning across borders.

    Through a strong commitment to quality, security and performance, he ensures JAO’s services remain dependable, adaptable and aligned with the evolving needs of TSOs and market participants.

  • Chief Financial Officer

    Annick Winandy

    Member of the Management Board

    Annick Winandy joined JAO as Chief Financial Officer in April 2026 and serves as a member of the Management Board, responsible for financial strategy, governance and corporate stewardship.

    With over 15 years of international experience in transaction advisory and financial leadership, she supports JAO’s role as a neutral, non-commercial market infrastructure organisation. She ensures transparent financial management, robust governance frameworks and sustainable resource allocation underpinning JAO’s trusted marketplace.

    As CFO, she strengthens financial integrity and long-term organisational stability, enabling JAO to continue delivering efficient, secure and fair services that support European electricity market integration.

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Supervisory Board

Chair

Mr. Marcus Karger

Members

Mr. Benjamin Genêt

Ms. Signe Horn Rosted

Ms. Andreea Cristina Wagner

Mr. Ole Jacob Høyland

Mr. Gheorghe Cristian Vișan

Mr. Damjan Medimorec

Mr. Bastian Schwark