Frankfurt Deutsche Bank’s new board member for private customers does not want to waste any time in restructuring his division. “Quick decisions are important to me,” said Claudio de Sanctis, who will be promoted to the executive committee on July 1, to the Handelsblatt. According to financial sources, the 50-year-old, who has Italian and Swiss passports, plans to announce a new structure in just a few weeks.
De Sanctis, who was previously responsible for the bank’s international private customer business and wealth management, does not want to comment on some details. But after talks with him and several insiders, some cornerstones are already emerging.
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