Bernhard Visker to leave Management Board of HSH Nordbank AG (DE)

The Supervisory Board of HSH Nordbank has complied with the wish of Management Board member Bernhard Visker to leave the Bank effective August 31, 2011.

At the same time the Supervisory Board gave its consent to a corresponding termination agreement. The Supervisory Board will deal with the appointment of a
successor as quickly as possible.

Visker can look back on an extraordinarily long and successful career with the Bank. Back in 1988 he joined Hamburgische Landesbank, one of the two predecessor banks of today's HSH Nordbank AG. Following completion of his formal bank training at HSH Nordbank he worked in various managerial positions and was ultimately appointed to its Management Board on January 1, 2007, where he was responsible for the market units Corporate Clients, Real Estate Clients, Private Banking, Savings Banks as well as for HSH Nordbank Private Banking S.A.

Hilmar Kopper, Chairman of the Supervisory Board of HSH Nordbank AG: "Bernhard Visker has asked, after nearly 25 years of service with the Bank, to be allowed to take up a new career challenge. The Supervisory Board has complied with his wish by mutual agreement and thanks him for the many years of successful commitment to the Bank and his constructive teamwork.

The Supervisory Board wishes him all the best for the future, both in his private and professional life."

Source: HSH Nordbank AG

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