Frankfurt/Main, 23 November 2017 - DVB Bank SE (DVB) announces that on 30 November 2017 Bart Veldhuizen will step down from the Board of Managing Directors and leave DVB. On 1 December 2017, David Goring-Thomas, Member of DVB's Board of Managing Directors in charge of the Bank's Aviation Finance and Land Transport Finance businesses, will assume responsibility for the Bank's Shipping Finance business.
Wolfgang Köhler, Chairman of DVB's Supervisory Board, and Ralf Bedranowsky, Chairman and CEO of DVB's Board of Managing Directors, stated:
"We would like to thank Bart Veldhuizen for his valuable contribution to DVB's Maritime franchise. He has made a significant contribution in adjusting the Maritime division to tackle the prolonged crisis in the shipping markets. We are sorry to let Bart Veldhuizen go, but respect his decision and desire to pursue other professional interests. We wish him every success in his future endeavours."
With the departure of Bart Veldhuizen a reshuffle of the Board of Managing Directors' responsibilities will see David Goring-Thomas, who presently oversees DVB's Aviation Finance and Land Transport Finance businesses, also assume management responsibility and oversight of the Bank's core Shipping Finance activity. In addition, David Goring-Thomas will assume responsibility at the Board for the business of DVB Corporate Finance. He is a seasoned Senior Executive of the Bank, whose expertise and leadership are widely recognised inside and outside DVB and who has been instrumental in developing on DVB's business successfully over the past fifteen years.