Harin Thaker quits Pfandbriefbank after two decades

Harin Thaker left Deutsche Pfandbriefbank this month after almost 20 years with the German mortgage bank.

Thaker has worked for the bank since 1992 and is one of the best-known faces in UK property lending. He had been head of international property loan origination for the last six years and has resigned to look for other opportunities.

The bank said his role would be taken over temporarily by management board member Bernhard Scholz until a replacement is announced.

Elsewhere, Tim Pygott has left Landesbank Baden-Wurttemberg, where he was head of UK syndication, to take up a similar role at Deutsche Hypo, while Craig Prosser has joined LBBW from HSH Nordbank.

Prosser will manage LBBW’s €5bn CMBS portfolio. After withdrawing from new business in the UK, HSH is winding down its London office. Senior originator Andrew Sutherland also left the bank in October to join Chalkhill Partners, which trades asset-backed securities and is building up its loan origination platform to help bridge the gap left by banks’ retrenchment from the sector. It hired Three Delta’s Ricky Kullar around the same time.

“We arrange and structure loans by sourcing capital from insurance groups, mutual funds and private equity firms,” said Chalkhill Partners’ co -founder Stewart Booth.