Günter Tallner to leave NORD/LB at the end of 2021

Günter Tallner, NORD/LB Managing Board member responsible for Corporate Customer Business and the Bank's Capital Markets divisions, will not be renewing his contract, which expires on 31 December 2021, at his own request. Tallner (58) has been a member of the Bank's Managing Board since February 2017 and was most recently also responsible for the Saxony-Anhalt business region. Before joining NORD/LB, he held various positions in corporate banking at Dresdner Bank and Commerzbank.

"Günter Tallner has made NORD/LB's corporate customer division fit for the future in a very challenging phase," said Thomas Bürkle, Chairman of the Managing Board of NORD/LB. "He successfully steered the capital markets units through the Corona pandemic and drove forward digitalisation in his areas of responsibility. We have enjoyed working with him and regret that he will be leaving us. We wish him all the best for the time after NORD/LB."

"I am pleased to have been able to contribute to the bank's repositioning," said Günter Tallner. "NORD/LB is on a very good path. In the current exceptional situation, many customers have noticed the value of having a reliable financing partner at their side. At the end of next year a new phase in my life will begin in which I will turn to other interests."

The Supervisory Board of NORD/LB will decide on Günter Tallner's successor in due course.

NORD/LB Norddeutsche Landesbank is, with total assets of € 130 billion, one of the leading German commercial banks. Its core business areas include transactions with corporate customers, private and commercial customers including private banking, as well as structured financing in the energy and infrastructure sector, for aircraft and for commercial real estate. The bank is based in Hanover, Braunschweig and Magdeburg and also has offices in Bremen, Oldenburg, Hamburg, Schwerin, Düsseldorf, Munich and Stuttgart. Outside of Germany, NORD/LB is represented as a mortgage bank (NORD/LB Covered Bond Bank) in Luxembourg and also has offices in London, New York, Singapore and Shanghai.

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NORD/LB Corporate Communication
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