Matthias Wittenburg appointed new Management Board member in charge of Products and Capital Markets

Hamburg/Kiel, October 12, 2012 - The HSH Supervisory Board today appointed Matthias Wittenburg (44) for three years to the Bank's Management Board responsible for Products and Capital Markets. Mr. Wittenburg will take up his new position on 1 January 2013.

Torsten Temp, Management Board member responsible for Corporates and Private Clients continues to head this unit in the interim.

Matthias Wittenburg will be moving from Commerzbank in Frankfurt to HSH Nordbank. There, as divisional head of Corporates & Markets, he was in charge of client relations involving leading industrial companies, insurance companies and private equity investors.

"We consider Matthias Wittenburg to be the ideal appointment for the position of Management Board member in charge of Products and Capital Markets. He is a proven expert in this field. We wish Mr. Wittenburg every success for his new tasks,” said Hilmar Kopper, Chairman of the HSH Nordbank's Supervisory Board.

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