Friday, December 13, 2024

Deutsche Bank: Focuses its Management Board to support sustainable profitability

  • Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products
  • Dedicated Management Board member responsible for the Investment Bank and the Corporate Bank
  • The aim of the reorganisation to focus the management team more closely on the four business divisions
  • The bank also realigned some infrastructure functions to further sharpen the focus on controls, costs, and risks
  • As part of the reorganisation Sewing will transfer responsibility for the Investment Bank and the Corporate Bank to Fabrizio Campelli
  • The aim to consolidate the areas which are particularly impacted by legal requirements and require a close dialogue with regulators

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