AAALY Aareal Bank AG (PK)

By Emese Bartha

FRANKFURT--The German finance ministry has appointed Tammo Diemer, current treasury head of Aareal Bank AG, to succeed Carl Heinz Daube as the head of the German Finance Agency, which is responsible for German federal debt sales, the ministry said in a statement.

Diemer will take up his new position on April 1, 2013 at the latest, according to the statement, which added that Daube has chosen to leave the finance agency voluntarily.

Write to Emese Bartha at emese.bartha@dowjones.com