• Executive Board
  • Board of Directors


  • Chief Executive Officer
+423 399 400-1olaf.koehler@bendurafunds.li


  • German,
  • English

Studies in law and administrative sciences in Frankfurt am Main, Freiburg im Breisgau, and Speyer (all Germany). Judicial clerkship in the German state of Hesse, followed by the German second state law examination. Established as an attorney-at-law and finally co-owner of a cross-regional law firm in Germany. 11 years of full-time practice as an attorney with focus on civil law and forensic activities.

Since 2008, various functions in the alternative investment fund industry in several capacities, inter alia as corporate counsel, managing director, and liquidator of funds with alternative assets. Before having become Chief Executive Officer of BENDURA FUND MANAGEMENT BETA, Mr. KOEHLER was in charge of the Depositary & Security Issuer Services Department of BENDURA BANK.

Aside his experience as an advocate and in the investment fund industry, holding a university diploma as a Certified Liechtenstein Expert in Trust Services, took the Liechtenstein state trustee exam in 2011 and was managing director of a Liechtenstein trustee company for three years. On grounds of his German admission as an advocate and pursuant to the laws of the European Union and the European Economic Area, Mr. Koehler is an „Established European Lawyer“ in the Principality of Liechtenstein. He is a member of the Karlsruhe Bar Association (Germany) and of the Liechtenstein Bar Association.

Vladimir KOZIY

  • Chief Operating Officer
+423 399 400-5volodymyr.koziy@bendurafunds.li


  • German,
  • English,
  • Ukrainian,
  • Russian

Holds a master’s degree in business administration from the University of Frankfurt/Germany. Strong IT background. Has nearly 20 years of professional experience in different areas of the consulting and financial industries. Among others, fund operations including development and implementation of administration and valuation systems for complex financial products.

Heinz M. BAUR

  • Chief Risk Officer / Chief Financial Officer
+423 399 400-3heinz.baur@bendurafunds.li


  • German,
  • English

Internationally experienced finance expert with strategic and operative expertise and more than 20 years professional and leadership experience on C-level. Strong background in investment processes, monitoring and controlling of subsidiaries and investments, including risk management, compliance, controlling, and accounting. Holds a master’s degree in economics from the University of Muenster/Germany and a professional apprenticeship in German banking.