Eurohypo appoints insider to head corporate banking Continental Europe

Stéphane Adolf is to head up the commercial real estate banking division for Continental Europe at German property financier Eurohypo. He succeeds Hartwig Glatzki who will take early retirement after 28 years at the bank.

Adolf has extensive experience of real estate financing: he headed the Credit Risk Management Europe division at Eurohypo from June 2009 and prior to this spent two years developing the Real Estate Finance Asia/Pacific division as divisional head. Adolf, a Frenchman, began his professional career in 1989 in commercial real estate financing at Banque Hypothécaire Européenne in Paris. He moved to Eurohypo in 1995.

In a separate development, it emerged last week that Ahsan Ellahi, Eurohypo's head of structured finance, is leaving the bank to join the Langham Estate. Ellahi joined Eurohypo in 2006 from HSBC where he was head of real estate banking. The structured finance unit at Eurohypo was formed from the merger of the European investment banking and debt origination operations. Ellahi arrived following the departure of Neil Lawson-May and Paul Rivlin, who were Eurohypo's joint chief executives.

In 2007 Eurohypo appointed Max Sinclair as head of its new UK debt division. He has worked at the bank since 1993 and has been managing director and head of transaction management.