Press Release.


Hans-Joachim Strüder to resign from LBBW's Board of Managing Directors at the end of his contract

Hans-Joachim Strüder, member of the Board of Managing Directors of Landesbank Baden-Württemberg (LBBW) with responsibility for the capital market business, will resign from LBBW when his contract expires at the end of March 2013 following eight years on the Board of Managing Directors. "The Supervisory Board would like to thank Mr Strüder for the many years he has acted for the Bank amid a difficult setting and, in particular, for his contribution to the Bank's restructuring," said Hans Wagener, Chairman of LBBW's Supervisory Board. No decision has yet been made about his succession.

Hans-Joachim Strüder has held responsibility for the Financial Markets Business Unit on LBBWs Board of Managing Directors since April 2005. In 2001, Mr Strüder, who was born in the Middle Rhine region of Germany, joined LBBW as Division Head in the capital market business. Prior to that, the trained agricultural economist worked at Deutsche Bank in fixed income sales and also held executive positions in the trading unit of Commerzbank in Frankfurt and London.


Landesbank Baden-Württemberg
Am Hauptbahnhof 2
D-70173 Stuttgart

Christian Potthoff
Head of Corporate Communications
Tel.: +49 711 127-73946
Fax: +49 711 127-74861