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Deutsche Hypothekenbank managing board chairman to retire

Deutsche Hypothekenbank AG managing board chairman Andreas Pohl will retire from the bank Feb. 28, 2018, after deciding not to extend his contract.

He was speaker for the managing board between 2014 and 2016, and took over the board's chairmanship July 1, 2016.

Deutsche Hypothekenbank is a subsidiary of Norddeutsche Landesbank Girozentrale.