Jan Bettink Named President of vdp (Association of German Pfandbrief Banks)

Jan BettinkAt the Members' Meeting of the Association of German Pfandbrief Banks (vdp) held June 10 in Berlin, Jan Bettink, Chairman of the Board of Managing Directors of Berlin-Hannoversche Hypothekenbank AG (Berlin Hyp), was elected President of the vdp.

Bettink, 55, takes over the office from Henning Rasche, who served as vdp's President from December 2005 and whose term of office has now ended.

Bettink thanked his predecessor for his successful work, pointing out that during Rasche's term of office — after the Association had been opened up to all German Pfandbrief (legislative covered bond) issuers — the vdp saw the number of member banks rise from 22 to 35.

Looking ahead to his future tasks, Bettink said:

"The Pfandbrief is one of the winners of the financial crisis thanks to its reliability and quality. Its importance as a safe and, at the same time, attractive financial instrument is growing constantly. Our foremost task will be to safeguard the benefit it represents for the German economy and the Pfandbriefbanks." 

At the same time, the Members' Meeting elected the Association's new Management Board. The members of the Management Board are now: 

• Hubert Beckmann,WestLB AG, Düsseldorf

• Giselbert Behr ,Dexia Kommunalbank Deutschland AG, Berlin

• Jan Bettink, Berlin-Hannoversche Hypothekenbank AG, Berlin, and President of the vdp

• Christian Bonnen, Kreissparkasse Köln, Cologne

• Dr. Kai Wilhelm Franzmeyer, Deutsche Pfandbriefbank AG, Unterschleißheim

• Dr. Louis Hagen, Münchener Hypothekenbank eG, Munich

• Rainer Krick  Landesbank, Hessen-Thüringen Girozentrale, Frankfurt am Main 

• Dr. Wolf Schumacher, Aareal Bank AG, Wiesbaden

• Dr. Thomas Sommer, WL BANK AG, Münster

• Hans-Joachim Strüder, Landesbank Baden-Württemberg, Stuttgart

• Jens Tolckmitt ,General Manager of the vdp, Berlin

• Andrea Varese, UniCredit Bank AG, Munich

• Ralf Woitschig, Eurohypo AG, Eschborn

• Dr. Edgar Zoller, Bayerische Landesbank, Munich

Note: The item above was edited from a public announcement by the vdp (June 10).