HSH Nordbank has two new executives (DE)

HSH Nordbank is strengthening its team with two new executives. Peter Mentner (50) will be responsible for Corporate Communications as of June 1, 2011. He succeeds Dr. Frank Laurich, who will be returning to self-employment in mid-July.

"We are very pleased to have gained an experienced communications expert in Peter Mentner, who has been through many processes of change with responsibility for communicating these as well as having many years of experience in the area of financial services," said CEO Dr. Paul Lerbinger.

"At the same time we would like to thank Frank Laurich, who did an excellent job representing the Bank both internally and externally in difficult times."

Mentner, whose last position was that of Managing Partner at Deekeling Arndt Advisors, has known HSH Nordbank from the beginning: in 2002 he advised the Bank on communications in the wake of the merger of Landesbank Kiel with Hamburgische Landesbank. Following his studies of communications Mentner started his career at Deutsche Bank. Between 1990 and 1995 he worked as Head of Advertising and Corporate Design at Bayerische Vereinsbank. He subsequently moved into consulting, where he worked as a General Manager for Lintas, Ahrens & Behrent and Citigate SEA.

Dirk Reiche (40) will be occupying the newly created position of Head of Business Management as of June 1. The new corporate division is intended to further improve interlinking of the entire range of products and services and make it easier for clients to access them.

Reiche's last position was at Allianz SE, where he built up the Allianz4Good division, firmly establishing the areas of sustainability and corporate responsibility as an integral part of the business model for the Group as a whole. Prior to this he was a partner at McKinsey, where, among other positions, he was in charge of European corporate banking practice.

"In Dirk Reiche the Bank has gained an experienced expert who will be able to make a significant contribution to the increased focus of our business model on clients and products," said Dr. Paul Lerbinger.

"He will also support us in strengthening the Bank's operating earning power."

Both executives report directly to the CEO.

Source: HSH Nordbank AG

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