Harin Thaker, head of real estate finance international at Deutsche Pfandbriefbank, is to leave the bank after more than 20 years.
Thaker, one of the most well-known faces in UK property lending, was the “last man standing” from Hypo Real Estate before it was rescued by the German government during the 2008 credit crunch, split up and rebranded as Deutsche Pfandbriefbank.
He is planning to take a month off after he leaves the bank at the end of January, during which time he will consider a “number of real estate debt opportunities”.
Until a replacement is found, Thaker’s responsibilities will be taken over by management board member for real estate and public investment finance business, Bernhard Scholz.
London-based Thaker manages origination across the bank’s international markets. He has been head of real estate finance international for the past six years.
It is expected that a replacement will be tasked with expanding the business ahead of a sale in “the medium term”.
