HSH Nordbank: New Global Head of Shipping

Robin Das takes over from Harald Kuznik as Head of the Shipping BU

Hamburg/Kiel, September 15, 2010 - The Head of the Shipping BU at HSH Nordbank, Harald Kuznik, will be retiring on 1 October 2010. His deputy, Robin Das, will take charge of the unit.

“Harald Kuznik is one of the world's most recognised experts in ship finance, who is particularly highly respected by both clients and inside the Bank,” said Torsten Temp, Management Board member responsible for the Shipping, Transportation and Energy market units. “During more than 32 years in Kiel, London and Hamburg he has made a major contribution to the success of the unit for LB Kiel and HSH Nordbank.”

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The Management Board would like to thank Mr. Kuznik for his commitment and the work he has done on behalf of the Bank and its clients over the years.

Robin Das, an internationally experienced manager, will take charge of the Shipping unit. Mr. Das, who joined HSH Nordbank in 2005, has been Harald Kuznik’s deputy for the past year.

Torsten Temp: “The Management Board is convinced that with his excellent know-how and international experience, Robin Das is the ideal successor as Head of the Shipping BU.

Harald Kuznik said: “Together with the Shipping team of HSH Nordbank, my colleague Robin Das will successfully continue along our path in international ship finance.”

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