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LBBW appoints new head of financial markets

ChristianRicken will join LandesbankBaden-Württemberg's board and replace Ingo Mandt as head offinancial markets, effective Jan. 1, 2017, subject to regulatory approvals.

Rickenleft Deutsche Bank AGafter 20 years in early 2016, having been a member of its group executivecommittee since 2012.

Mandtwill be leaving LBBW at the end of January 2017, having been with the Germanlender for six years.