DGAP-News: IKB strengthens business with corporate clients


IKB Deutsche Industriebank AG / Change of Personnel

26.03.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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[Düsseldorf, 26 March 2008]

  - Andreas Leimbach appointed to Board of Managing Directors

  - Dieter Pfundt nominated for election to IKB Supervisory Board

The Supervisory Board of IKB AG today appointed Andreas Leimbach (48) to
IKB’s Board of Managing Directors effective 1 April 2008. Andreas Leimbach
will take over responsibility for the segment Corporate Clients from CEO
Günther Bräunig who had been in charge of the segment in the interim.

The appointment of Andreas Leimbach highlights the importance of IKB’s core
business with corporate clients. From 1988 to 2006 Andreas Leimbach held a
number of positions within the corporate and investment  banking business
of Dresdner Bank AG, most recently as senior general manager of the
corporate banking division. Before this he was CEO of the corporate banking
franchise in Northern Germany.

Günther  Bräunig: 'The business with corporate clients is of major
importance to IKB.  Andreas Leimbach is a renowned expert with a long
standing experience in banking for corporate clients and moreover, has
considerable international capital markets expertise.'

The appointment of Andreas Leimbach is a consequent step within the
realignment of the bank’s business model. Going forward, IKB will focus on
its core business segments Corporate Clients (Domestic Corporate Clients,
Leasing and Private Equity), Real Estate Financing and Structured Finance.

IKB’s Supervisory Board will also nominate Dieter Pfundt for election to
the Supervisory Board at IKB’s AGM on 27 March 2008. Dieter Pfundt (55) is
a personally liable partner of private bank Sal. Oppenheim, responsible for
the bank’s Investment Banking operations.

IKB Deutsche Industriebank AG is the leading specialist bank for long-term
corporate financing in Germany. Its target clients are innovative,
high-growth, medium-sized companies, commercial real estate investors, as
well as foreign companies and project partners. With total assets of around
€ 63,5 billion, and about 1,900 staff at 12 domestic and international
offices, the bank itself is a medium-sized enterprise. IKB shares (ISIN: DE
0008063306) are listed in the SDAX, the German small-cap index. Holding a
43,4 % stake, KfW Banking Group is IKB’s largest shareholder; the two
banking groups are joined in a strategic partnership.



Contact
Dr. Jörg Chittka
Telefon: +49 211 8221-4349
Fax:+49 211 8221-2511
mailto:press@ikb.de
www.ikb.de



DGAP 26.03.2008 
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Language:     English
Issuer:       IKB Deutsche Industriebank AG
              Wilhelm-Bötzkes-Straße 1
              40474 Düsseldorf
              Deutschland
Phone:        +49 (0)211 8221-4511
Fax:          +49 (0)211 8221-2511
E-mail:       investor.relations@ikb.de
Internet:     www.ikb.de
ISIN:         DE0008063306
WKN:          806330
Indices:      SDAX
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard),
              Düsseldorf, Hamburg, München; Freiverkehr in Hannover,
              Stuttgart
End of News                                     DGAP News-Service
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