Herbert Woisetschläger appointed Head of Project Finance & Corporates at Hamburg Commercial Bank
- New hire will take up senior management position on 1 May 2026
HAMBURG/GERMANY – Hamburg Commercial Bank AG (HCOB) is strengthening its corporate and project finance business with a new hire: Herbert Woisetschläger (55) will take over as Head of Project Finance & Corporates on 1 May 2026. He succeeds Chief Investment Officer (CIO) Jens Thiele, who has led the business areas since August 2021 and has continued to manage them on an interim basis following his appointment to the Management Board in October 2025.
“We are delighted to have gained Herbert Woisetschläger, a highly experienced banker, to lead our corporate and project finance business. With his wide-ranging expertise in European lending and his many years of experience in portfolio and risk management, he will continue to drive targeted growth in these core segments,” said Jens Thiele, CIO of HCOB and responsible for the bank’s entire lending franchise.
Herbert Woisetschläger has around three decades of experience working in various roles within the UniCredit Group and its predecessor institutions. Most recently, as Head of Large Credit Underwriting, he was responsible for the large corporates portfolio at UniCredit Bank GmbH. Previously, he held various leadership positions in Corporate & Investment Banking and in Risk Management. His expertise spans, among other things, corporate banking, including SME business, as well as leveraged finance and project finance.
In his new role, Herbert Woisetschläger takes charge of the Project Finance & Corporates business areas, overseeing specialist teams in Hamburg, London and Luxembourg. In its domestic corporate business, the bank provides its clients especially with bespoke investment and acquisition loans, bridge financings, guarantees and revolving credit facilities. Internationally, the bank additionally focuses on primary and secondary market transactions in Europe, as well as on specialty lending. In project finance in Germany and across Europe, the bank concentrates on financing the energy transition and expanding digital infrastructure. Cash management and trade finance services also fall within the remit of the new appointee.
About Hamburg Commercial Bank
Hamburg Commercial Bank AG (HCOB) is a private commercial bank headquartered in Hamburg that specialises in tailor-made financing solutions for German and European companies. It also has a strong position in Germany-focused real estate financing, is an established project financier in Europe, and a reliable partner for the shipping sector. Efficient and secure payment services, as well as innovative products for foreign trade complete the range of services. The Bank is guided by established ESG criteria and operates from several locations in Germany as well as in Amsterdam, London, Luxembourg, and Piraeus. Under the “Hamburg Direct Bank” brand, HCOB offers call money and fixed-term deposits for private customers. Further information is available at www.hcob-bank.com.
The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.
This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.
Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.