At its meeting today, the Supervisory Board of Deutsche Hypo appointed Sabine Barthauer to the Bank’s Board of Managing Directors. She will start by exercising the role of general representative as from 1 July 2016 and – as soon as the approval of the banking supervisory authority is granted – will be promoted to the Bank’s Board of Managing Directors, where she will focus primarily on the overseas commercial real estate finance business and the area of structured finance. Ms. Barthauer will take her place alongside Andreas Pohl and Andreas Rehfus, who have constituted the two-strong Managing Board since the start of 2014. Mr. Pohl, the present Speaker of the Board of Managing Directors, was appointed as Chairman of the Board of Managing Directors as from 1 July 2016.
49-year-old Ms. Barthauer has spent her entire career in the real estate financing business of the NORD/LB Group and has held a number of managerial positions. She worked for NORD/LB for a total of 22 years, most recently as the Head of Domestic Real Estate Finance and Head of International Real Estate Finance. When Deutsche Hypo was taken over by NORD/LB in 2008, Ms. Barthauer moved to Deutsche Hypo to head up the overseas credit department. At that time she was responsible for the area of Real Estate Structured Finance and International Property Finance and acted as the deputy to Mr. Pohl, who is responsible for the real estate market within the Board. She has also been a member of the northern regional executive committee of the German Property Federation (ZIA) since November 2014.
“By expanding the upper management of Deutsche Hypo we are recognising current developments in the commercial real estate financing business, which is generating increasing demand for complex credit structures,” highlighted Dr. Gunter Dunkel, Chairman of the Supervisory Board of Deutsche Hypo and Chairman of the Managing Board of NORD/LB. “We are delighted to be able to fill this demanding position on the Board of Managing Directors from within our own ranks. In Ms. Sabine Barthauer we have appointed a multi-faceted expert in commercial real estate finance to the Board of Managing Directors of Deutsche Hypo. We are satisfied that this decision will contribute to Deutsche Hypo being able to continue its longstanding positive business growth in the future. On behalf of the entire Supervisory Board I wish Ms. Barthauer all the best and every success in her new role.”
You can download a photo of Ms. Barthauer and Dr. Dunkel as well as a portrait of Ms. Barthauer here.