People Moves

HVB Appoints New Head of Private Banking

Contributing Editor 10 April 2006

HVB Appoints New Head of Private Banking

Peter Ermann has been appointed as the new head of private banking for German bank HypoVereinsbank. Mr Ermann has been at HVB since 1979...

Peter Ermann has been appointed as the new head of private banking for German bank HypoVereinsbank. Mr Ermann has been at HVB since 1979 and was most recently chairman of the management board at subsidiary Bauspar. Mr Ermann replaces Marlies Mirbeth, who is leaving HVB to take up a position on the management board of German local savings bank Stadtsparkasse Munchen. HVB has seen a number of high level management departures since it was acquired by Italian rival UniCredit last year. These include the recent departure of Jan-Christian Dreesen, who is joining UBS Wealth Management. Mr Dreesen was only appointed to the position of head of retail at HVB this January and succeeded Christine Licci, who also left soon after the takeover by UniCredit.

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