Commerzbank adds to securitization group

Commerzbank AG has hired Michael Eleftheriou as senior originator and structurer for European securitization, according to published reports. Eleftheriou was formerly director and member of the European securitization team at Rabobank Groep. This is part of the move to revamp Commerzbank's London-based securitization business, which includes moving Robert Jaeger from the Frankfurt group to London. Christopher McMullen and Bill Wood both head the London-based securitization group.