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New appointment

22 March 2013

On March 22, 2013, the Board of Managing Directors of Landwirtschaftliche Rentenbank - Germany's development agency for agribusiness - appointed Dr. Horst Reinhardt (58) as its speaker. The decision was made in agreement with the chairman of the Advisory Board, Gerd Sonnleitner, and will be effective April 1, 2013.

After training as a bank apprentice and completing studys in economics at the University of Bonn, Dr. Reinhardt received an MBA from the University of Georgia, Athens, USA, and later on a doctorate in economics from the University of Bonn.

Dr. Reinhardt began his professional career at Commerzbank AG. He joined Rentenbank in 1996, initially as head of treasury, becoming a member of the Board of Managing Directors in 2007. He continues to be responsible for promotional business, treasury, legal, human resources and public relations.

The Board of Managing Directors of the promotional bank continues to consist of Mr. Hans Bernhardt, Dr. Horst Reinhardt (speaker), and Ms. Imke Ettori (divisional board member).