Personnel and organisational changes are underway on the management board of Deutsche Pfandbriefbank AG (pbb). Barkha Mehmedagic, who currently heads the Real Estate Finance Solutions (REFS) division on the management board, will additionally assume leadership of the Real Estate Investment Solutions (REIS) business division as of 17 January 2027.
With this step, Mehmedagic succeeds Dr Pamela Hoerr. Hoerr will leave the institution at her own request and on the best of terms upon the regular expiry of her contract on 16 January 2027. Pfandbriefbank had already informed the public in advance of her departure in April 2026.
Combining financing and investment expertise
In the context of the succession arrangement, the Chairman of the Supervisory Board of pbb, Jan Kupfer, highlighted Barkha Mehmedagic's extensive expertise. He stated that she brings many years of experience in commercial real estate banking and investment management, combined with profound market knowledge. On this foundation, she is to continue the investment business established by Pamela Hoerr and expand it as a main pillar for the bank's future growth.
For the business model of the Munich-based real estate financier, income diversification represents a key lever for strengthening profitability. By consolidating both core divisions under unified leadership, the bank intends to pursue several strategic goals in parallel:
- —Closer integration of the financing and investment solutions divisions
- —Provision of a broader spectrum of structured financing options for clients
- —Consistent realisation of existing synergy potential between the lending and investment businesses
By bringing both divisions together under Mehmedagic, the institution is responding to the demands of the commercial real estate market. The consolidation is intended to ensure that clients can access financing structures and capital-market-oriented investment solutions in an even more targeted manner from a single source in future.
