The new chairman of the supervisory board of Deutsche Bank

Alexander Wynaendts, the designated chairman of the supervisory board of Deutsche Bank

The Dutchman hasn’t been elected yet, but he already has to defend himself against criticism.

(Photo: Aegon)

Frankfurt The Deutsche Bank operation for Alexander Wynaendts began in earnest last February. Discussions with the board of directors, trips to London and New York, where the investment bankers who still ensure the profits of the largest German financial institution are based. Meetings with supervisors and key shareholders. Only the Federal Minister of Finance Christian Lindner (FDP) and the Chancellery have not yet been looked at by the designated head of the supervisory board.

The diplomat’s son knows how important protocol is. First comes the general meeting on May 19, at which the 61-year-old stands for election as a member of the supervisory board that is to appoint him as the new chairman of the supervisory body at its first meeting shortly afterwards. Only then does the inaugural visit to politics follow. At least that’s the plan.

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