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NORD/LB names Commerzbank exec to managing board

named Günter Tallner to its managing board, subject to approval.

Tallner will join the lenderfrom Commerzbank AG,where he is a divisional board member of the company's mittelstandsbank. AtNORD/LB, he will be responsible for corporate customers and special financebusinesses.

Tallner will replace EckhardForst, who was named chairman of NRW.BANK's managing board, effective Nov. 1.The bank noted that it has not yet set an exact date for Tallner to start hisnew role.

Commerzbank on Sept. 29announced that it would combine its mittelstandsbank with its corporates andmarkets business to create a corporate clients division.