Peter Knopp (46) will join the Managing Board of Westdeutsche ImmobilienBank AG (WIB) with effect from January 1st, 2008 at the latest. Knopp will take on responsibility for the capital markets business. His duties will include in particular the delivery of further improvements in WIB’s syndication and securitisation business.

Hubert Beckmann says “We are delighted to have been able to recruit such a high-profile expert as Peter Knopp. He will help us develop our competence in capital market business on a consistent basis.” This will allow WIB to boost its role as a centre of expertise for real estate financing and real estate investment banking in the WestLB Group still further, according to Beckmann.

Knopp began his professional career in 1988 at SMS Schloemann Siemag AG before moving to IKB in 1991. Knopp has since 1999 been employed at Eurohypo and its predecessors, where he now heads up the Debt Capital Markets department. In this position he is responsible for all national and international securitisation transactions and syndications of Eurohypo AG. His sphere of activities also includes the systematic optimisation of the credit portfolio through portfolio acquisitions and disposals, credit derivatives etc.