HSH Nordbank gains Ingmar Loges as Head of the new Shipping Clients International unit

Hamburg/Kiel, December 16, 2011 - HSH Nordbank is strengthening its Shipping segment. Ingmar Loges will head the new Shipping Clients International unit.

For many years Ingmar Loges has been active in senior positions within the international ship finance business, currently as Head of Global Shipping at UniCredit. From 1992 to 1996, Ingmar Loges had already worked in the international shipping business of Hamburgische Landesbank.

"Ingmar Loges will strengthen HSH Nordbank with his wealth of experience; I am looking forward to successful collaboration," said Torsten Temp, Management Board member responsible for Corporate and Private Clients at HSH Nordbank.

Loges will take up his new post no later than 1 July and will work closely with Christian Nieswandt, who was promoted to Head of Domestic Shipping Clients in October.

This Press Release as pdf

The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.

Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.