Press Release.


Dr. Peter Kaemmerer to leave Landesbank Baden-Württemberg

Dr. Peter Kaemmerer is to leave Landesbank Baden- Württemberg (LBBW) when his contract ends in the spring. As board member responsible for the International Business, Large Clients and Real Estate division, he is moving to DKSH Holding Ltd., the leading service provider for market expansion in Asia. He will take up the post of President of DKSH Japan for the Swiss group and will be responsible for expanding this subsidiary and for regional business development activities.

"Dr. Peter Kaemmerer, an esteemed expert and committed colleague, will be leaving the bank in a few months by way of amicable agreement. He has been successful within his area of responsibility and has already largely implemented the restructuring requirements. He has excellent contacts in Germany and abroad. We wish him every success in his future position,” said Hans-Jörg Vetter, CEO of Landesbank Baden-Württemberg.

Dr. Peter Kaemmerer, was born in 1956, in Tokyo where he was brought up. His career started at a German-Japanese trading company before joining Südwestdeutsche Landesbank in Singapore in the mid-nineties as Head of Division Asia/Pacific. Following a posting to New York, from where he initially built up offices for LBBW in North and South America before taking up the position of Head of the International Business division, in May 2006 Dr. Kaemmerer joined the Board of Managing Directors of Landesbank Baden-Württemberg.

"I am looking forward to new challenges in a fascinating market and at an interesting location with which I feel a bond,” said Peter Kaemmerer in explanation of his professional move. In the wake of its restructuring LBBW is focusing more sharply than previously on its core markets. In the international business it concentrates on supporting German companies. Dr. Kaemmerer’s responsibilities will be taken over by the other board members.

DKSH Holding Ltd. is a Swiss group headquartered in Zürich which employs 22,000 people at 560 branches in 35 countries. With its history stretching back more than 140 years, the company has deep roots in Asia.


Landesbank Baden-Württemberg
Am Hauptbahnhof 2
D-70173 Stuttgart

Marcus Recher
Head of Group Communications,
Marketing and Staff Unit of the Board
Tel.: +49 711 127-41610
Fax: +49 711 127-41612