Frankfurt am Main (ots) - KfW Bankengruppe, as shareholder of KfW IPEX-Bank GmbH, today appointed Christiane Laibach as a further Managing Director of KfW IPEX-Bank effective immediately. The Board of Managing Directors of KfW IPEX-Bank is thus being expanded from four to five members.
Most recently Ms Laibach served as Director of the Aviation Finance Department. An economist, the 46-year-old joined KfW in 1990. Following various positions within the Export and Project Finance Division as well as secondments to KfW Entwicklungsbank and Credit Suisse First Boston in New York, she went on to serve as First Vice President of the Rail and Road Department for four years. In 2001 she was appointed Senior Vice President and took over as head of Aviation Finance. On the Board of Managing Directors she will initially be in charge of the business area managed by Mr Murach. This area includes the departments of Aviation, Shipping, Rail and Road, Ports, Airports, Real Estate, Construction Industry/PPP as well as Leveraged Finance/Mezzanine/Equity and Syndication and Treasury.
Christian K Murach will take a leave of absence from the Board of Managing Directors of KfW IPEX-Bank for an undefined period in order to serve the Board of Managing Directors of KfW Bankengruppe under special assignment. Afterwards Mr Murach will resume his work on the Board of Managing Directors of KfW IPEX-Bank. Other board members are Michael Ebert, Markus Scheer and Heinrich Heims (Speaker).
About KfW IPEX-Bank GmbH
Within KfW Bankengruppe KfW IPEX-Bank GmbH provides project and corporate finance and offers trade and export finance both in Germany and abroad. Worldwide it conducts all market activities of KfW Bankengruppe that are carried out on commercial terms. KfW IPEX-Bank GmbH has been operating as a legally independent subsidiary since 1 January 2008 and continues to play an important role in fulfilling the promotional mission assigned to KfW Bankengruppe. It has some 450 staff (as at March 2008) and is represented in key economic and financial centres throughout the globe.
KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt Original-Content von: KfW IPEX-Bank, übermittelt durch news aktuell
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