Barbara A. Knoflach, born in 1965, has been CEO of SEB Asset Management AG since August 2005 and Managing Director of the investment company SEB Investment GmbH since June 1999.

After joining SEB AG in 1994, Barbara A. Knoflach initially played a key role in helping to expand the bank's closed-end property funds and property leasing activities. She was appointed head of the fund management companies in 1997.

After studying business administration, Barbara A. Knoflach started her career in 1986 in international project financing at Deutsche Bank AG. In 1991, she moved within the Deutsche Bank Group to Deutsche Immobilien Anlagegesellschaft mbH, where she worked in the area of consulting and research.

EDUCATION AND PROFESSIONAL CAREER

1983 - 1986

Degree in business administration (Dipl. Betriebswirtin) at the University of Applied Sciences in Mainz.

1986 - 1991

Deutsche Bank AG, Headquarters, Frankfurt, international project financing.

1991 - 1993

Deutsche Immobilien Anlagegesellschaft mbH, Frankfurt, responsible for special projects in the areas of consulting and research.

1994 - 1998

Deputy head of property investment at SEB (BfG) Bank Group with a focus on designing closed-end funds.

1998 - 1999

FVH Frankfurt Vermögens Holding GmbH, head of the structured real estate products department with a focus on property acquisition.

Since June 1999

Managing Director of SEB Investment GmbH, Frankfurt (till June 2008 SEB Immobilien-Investment GmbH)

Since August 2005

CEO of SEB Asset Management AG, Frankfurt

July 2001 - September 2004

Chair of the Property Committee of the BVI (Bundesverband Investment und Asset Management e.V. - BVI Investment and Asset Management Association)

Since April 2007

Real Estate Academic Initiative (REAI), Harvard University, Boston, USA Member of the REAI International Advisory Board

Since January 2009

Board Member of the BVI (Bundesverband Investment und Asset Management e.V. - BVI Investment and Asset Management Association)

Company Profile

SEB is a North European financial group serving some 400,000 corporate customers and institutions and five million private individuals. SEB offers universal banking services in Sweden, Germany and the Baltic countries - Estonia, Latvia and Lithuania. It also has local presence in the other Nordic countries, Poland, Ukraine and Russia and a global presence through its international network in another ten countries. On 31 December 2009, the Group's total assets amounted to SEK 2,308bn (~EUR 225bn) while its assets under management totalled SEK 1,356bn (~EUR 132bn). The Group has about 20,000 employees.

SEB Asset Management, Frankfurt, is the specialist real estate and securities investment house in Germany of the SEB Group, one of northern Europe's leading financial services providers. SEB Asset Management combines international expertise with local knowledge. Its investment strategy features active management in small, specialist investment teams. As part of the Group's Wealth Management division with 1,100 employees and approximately SEK 1,275bn in assets under management, SEB Asset Management offers extensive expertise in the relevant asset classes.

SEB Asset Management is one of the leading real estate fund managers in Germany. It has been awarded an "M2" Manager Rating for its real estate asset management operations from Fitch Ratings."