Harin Thaker, Head of Real Estate International, will be leaving pbb Deutsche Pfandbriefbank at the end of January.
Until a replacement is announced, Harin's responsibilities will be taken over by Bernhard Scholz, alongside his role as Member of the pbb Management Board responsible for real estate and public investment finance business.
Thaker's departure follows the successful re-establishment and confirmation of pbb's presence on the international real estate markets, which mark a natural point for Thaker to pursue other interests.
Bernhard Scholz said: "The Management Board understands and supports Harin Thaker's decision. I would like to thank Harin for his tireless efforts and commitment to the bank, particularly during the last few years, but also throughout his career with the company. I am certain there will be opportunities to work with Harin in the future and I look forward to this continued contact."
Thaker has worked for the bank in various positions since 1992 and has been Head of Real Estate Finance International for the past six years.
Source: pbb Deutsche Pfandbriefbank