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HSH Nordbank infra head leaves

The German bank has lost Ulrich Stark (pictured), head of infrastructure finance for EMEA, who departed for a career opportunity in London. Marcus Kleiner, HSH Nordbank’s head of infrastructure and rail, will take over from Stark and grow the team.

Ulrich Stark has stepped down from his role as head of infrastructure finance for Europe, Middle East and Africa (EMEA) in the energy and infrastructure group at German bank HSH Nordbank.

Stark was based in the firm’s London branch and departed last month in pursuit of another local career opportunity, a source close to the matter said.

Marcus Kleiner, who was named HSH Nordbank's head of infrastructure and rail in June 2011, will take over from Stark. He commented to Infrastructure Investor:  “I will continue to expand our business in the sector and I will build up HSH Nordbank’s team in Hamburg for that purpose.”

According to public documents, Stark joined HSH Nordbank in 2004 and has worked on major public-private partnerships, including the Northern Diabolo rail connector in Brussels, Belgium and the E39 Klett-Bardshaug highway project outside of Trondheim, Norway.