Five out of DG Hyp’s seven strong London team have now relocated, with finance head Andrew Goodbody and associate Jan Bleyder also on the verge of moving to new positions. The London office officially closes this week.
Relationship manager Katie Wright, who was the last to join the office, from Helaba, has joined Lloyds on the recovery and work-out side. Meanwhile, senior manager Sally Hurst has started work as an associate director at Bayern LB in Mike Worley’s real estate finance team.
Another senior manager, Nicola Bayes, will begin at Bawag in Vienna in July, while Susie Best joined Capita as client relations manager on the primary servicing side in February this year. Silvia Schmidt, Goodbody’s personal assistant and office administrator, has now joined Kohlberg Kravis & Roberts.
The decision to shut the London office, as well as those in Paris and New York, came from DG Hyp’s parent company DZ Bank, as part of a wider strategy to exit international lending. The bank’s loanbook will be managed from Germany and wound down over time.