Well I've not tried this myself... but I've noticed in the SH4 savegame folder (found in the My Documents folder) it lists all your saved games. In this folder is other folders that are called 00000000, 00000001, 00000002, and so on, these are your actual saves (in this case I would show 3 saved games). Now the easiest way is to go into the game load up your save, then go in and delete all your save games, and then save and exit the game.
You should be left with a single folder now. In this folder is a file called ActiveUserPlayerUnits.upc. This is a simple text file that can be opened in Notepad.
A ways down you will start to find all of your crewmember slots, and they will have names. I believe you can just change these names to whatever you want.
Quote:
[UserPlayerUnit 1.Compartment 1.CrewMemberSlot 1.CrewMember]
ID=Crew-Jr-NCO-Rank-1-Torpedo
NameDisplayable=Ewald H. Dresner
.....
.....
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Like I said I've not tried this, so you might want to make a backup of your savegames just to be sure before editing.
Alternatively you can go into your SH4 directory to Data\UPCData (or UPCDataGE for the German campaign) and edit the CrewMemberNames.upc file found in the UPCCrewData folder. Whenever you start a career the names are pulled from this file. This won't affect a career in progress however. And if you are editing the German names make sure you change the German names at the bottom of the file, not the US names on the top 2/3rd of the file.