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Münchener Hypothekenbank names management board member

The supervisory board of Münchener Hypothekenbank eG appointed Holger Horn to the German bank's board of management, subject to the approval of banking supervision authorities.

Horn joins from Depfa Bank Plc, where he served as a management board member responsible for risk issues. He will succeed Bernhard Heinlein, who will retire.

Horn is expected to start his new role Jan. 1, 2019.