Bank für Kirche und Diakonie eG – KD-Bank said Feb. 13 that Dagmar Klüter will replace long-term executive board member Ulrike Badura, who retired at the end of 2017.

Klüter, previously general manager of KD-Bank, will take over Badura's duties as director of credit sequence, organization and business administration. Badura was with the German lender for 32 years before her retirement.