Norddeutsche Landesbank Girozentrale Deputy Chairman of the Managing Board Hinrich Holm will leave the German bank on the expiration of his contract Jan. 31, 2020, according to a Dec. 6 release.

Holm's position will not be filled. His responsibilities will be divided among the bank's other managing board directors.

He had been in the role since the start of 2017 and held responsibility for financial markets at the bank.