Deutsche Pfandbriefbank has completed the reorganisation of its real estate finance origination team following the departure of former boss Harin Thaker in January.
The German lender has appointed Norbert Müller to take responsibility for the French, Scandinavian and Spanish markets within the international division from 1 September.
Müller comes to pbb from Belgian shopping centre specialist Wilhem & Co, where he was responsible for investment and asset management. He previously spent more than 10 years at Jones Lang LaSalle, latterly as head of the Brussels and Luxemburg capital markets teams.
The reshuffle was announced in March when former chief credit officer Charles Balch was appointed to replace Thaker and take over international customers with cross-border activities and the UK and CEE markets.
Gerhard Meitinger took over responsibility for the German real estate business in May.
The final appointment comes ahead of a lending drive by the bank, which lent just €1.2bn (£940m) against European commercial property in the first six months of the year.
In its half-year results, the bank said it anticipated a “marked increase in new business” during the second half of 2012 and affirmed its full-year guidance of €8bn in new business for 2012, which it has previously stated includes around €6bn to European property.
