The board member responsible for the US business will leave the bank.
(Photo: Bloomberg)
Frankfurt Chairs back at Deutsche Bank: In addition to Karl von Rohr, board member for private customers, Christiana Riley, the board member responsible for US business, will also leave the bank, as the money house announced on Wednesday. According to Handelsblatt information, Riley is moving to the major Spanish bank Santander, where she will manage the North American business. Deutsche Bank did not comment on this.
Stefan Simon will move to the USA for Riley. However, he remains responsible for legal affairs, compliance and the fight against financial crime. Claudio de Sanctis will replace Karl von Rohr, who is leaving the board of directors for private customers. At the management level below Rohrs, he was responsible for the bank’s international private customer business and wealth management.
CFO James von Moltke will assume responsibility for asset management and thus for the fund subsidiary DWS on the board by the beginning of November at the latest.
More soon on Handelsblatt.
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