Tim Austrup appointed as head of Helaba’s Corporate Banking division

Tim Austrup (53) has been appointed as head of Helaba’s Corporate Banking division and will assume his new role on 1 July 2023. He will be taking over from Klaus Schuler (66), who is retiring after 29 years with Helaba. Tim Austrup joined Helaba in 2007 as Head of Corporate Loans, having previously held positions at ING and Barclays Capital. As head of the Corporate Finance department since 2020, he has been responsible for the business lines of Syndicated Loans, Acquisition Finance as well as Investment & Lease Finance.

Klaus Schuler originally joined Helaba in 1994. He previously held various positions at Commerzbank, Dresdner Bank and Schweizerischer Bankverein before becoming head of corporate banking at Bayerische Vereinsbank in the Rhine-Neckar region. While at Helaba, Klaus Schuler made a decisive contribution towards ensuring the bank's long-term visibility and successful presence in the wholesale segment. In 2001, he was appointed as a head of division within key account management for large corporates before taking over as head of the newly established division of Corporate Banking in 2020. In addition to having direct client responsibility for the bank's entire wholesale activities, this division bundles all important products for the bank's corporate customer franchise.

"Klaus Schuler can look back with pride on many years of extremely successful service at Helaba. During his time with the bank, he has played a central role in shaping our corporate customer activities. That is why we extend our sincere thanks to him for his tireless dedication and now wish him a fulfilling retirement," says Hans-Dieter Kemler, a member of Helaba's Executive Board and responsible for the Corporates & Markets segment, adding: "We are delighted to have found a successor from without the organisation and wish Tim Austrup every success in his new position."