NordLB shuts down department and lets shipping exec go
Oliver Faak is no longer with bank NordLB, the communication department confirms to ShippingWatch. The bank has reshuffled staff after the merger with Bremer Landesbank and Faak's department, ship and aircraft financing, was shut down in the new organization.
NordLB has been moving executives around and this meant the departure of Oliver Faak, who until now has headed the bank's ship and aircraft financing unit for years.
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