Knopek steps up to Aareal board

Aareal Bank has appointed Dagmar Knopek as board member responsible for structured property finance, succeeding Dirk Grosse Wordemann, who is leaving the bank next month. Knopek has worked in various posts at Aareal since 1999, including head of credit management. She previously worked at German banks including Bayerische Hypo. Meanwhile, Hermann Merkens has renewed his contract with Aareal as head of finance and work-outs.

Kerse takes Circle finance role

Circle Housing Group has recruited Robert Kerse from Genesis Housing Association as its new director of finance. Kerse will take up the post in July, working with corporate finance director Paul Rickard. Circle has issued several bonds in the past few years.

Luddy joins CBRE as Irish MD…

Enda Luddy has been appointed as managing director of Ireland at CBRE, while Florence Stanley has been promoted to deputy managing director. Guy Hollis retains European board level responsibility for the Irish business and is also taking responsibility for expanding the Nordics operation.

…while GI business recruits Bruns

Olaf Bruns is joining CBRE Global Investors as director of portfolio management in the separate accounts business in Germany, reporting to John Ozinga. He previously worked at UBS Global Asset Manage-ment, Landesbank Berlin and Union Investment.