At its meeting this Friday, the Supervisory Board of the NORD/LB Norddeutsche Landesbank appointed Günter Tallner (54) as a new member of the Managing Board. Tallner will assume responsibility for the corporate customers business as well as for the Bank’s special finance business. Special finance includes ship and aircraft finance, structured finance (in particular for renewable energies and infrastructure projects) and commercial real estate finance. Tallner will thus succeed Eckhard Forst who will join NRW.Bank as Chairman of the Managing Board on 1 November.

Tallner is currently divisional board member of the Mittelstandsbank in Commerzbank AG where he is responsible for the corporate customers business in Northern Germany. Moreover, the competence centre for energy also falls within his area of responsibility. Prior to this, the trained banker and lawyer held various positions in the corporate customers and corporate finance businesses of Commerzbank and Dresdner Bank.

“Günter Tallner has extensive experience in the corporate customers business, he is very familiar with our core business area in Northern Germany and, furthermore, he will be able to contribute valuable expertise from the field of energy and aircraft financings. In him we have found an excellent successor to Eckhard Forst who, over the last few years, very successfully developed the Corporate Customers and Special Finance businesses”, explained the Chairman of the Supervisory Board of NORD/LB and Minister of Finance of Lower Saxony Peter-Jürgen Schneider. The Supervisory Board extended its sincere thanks to Eckhard Forst for his commitment and his successful work over the last ten years.

Tallner’s appointment is subject to the approval of the ECB. No precise date has yet been set for his assumption of office.