Deutsche Bank appoints James von Moltke as chairman

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Banking and wealth management provider Deutsche Bank announced yesterday that it has promoted James von Moltke to the post of chairman. He will be chairman alongside Karl von Rohr.

Von Moltke will take up his new duties immediately. The newly appointed chairman has served as Deutsche Bank‘s chief financial officer since July 2017. According to the German financial services provider, Von Moltke will also continue to serve as chief financial officer.

“James von Moltke has done an outstanding job as Chief Financial Officer over the past five years and has played an important role in the successful transformation of Deutsche Bank,” said Paul Achleitner, Chairman of the Supervisory Board. “The board is now well positioned for Deutsche Bank’s next strategic phase.”

In order to expand its operations globally, Deutsche Bank has announced several appointments over the past 12 months. Last year, the German company announced that Olivier Vigneron, the former chief executive of JPMorgan, would join Deutsche Bank as Group Chief Risk Officer.

Moltke’s professional career

During his long career, Von Moltke has worked with leading financial services providers like Citigroup. He began his career at Credit Suisse First Boston in London in 1992. The new president of Deutsche Bank then joined JPMorgan and worked for almost a decade in New York and Hong Kong. During his professional career, he also worked with Morgan Stanley.

Christian Sewing, CEO of Deutsche Bank, said: “This gives us the right governance structure to succeed over the long term in times of increasing complexity and volatility. I look forward to executing our growth strategy with our strong global leadership team. »

Deutsche Bank recently released its financial results for the fiscal year ended December 31, 2021. During the mentioned period, the bank’s pre-tax profit reached 3.4 billion euros. Deutsche Bank also recorded strong growth in its core businesses.

Banking and wealth management provider Deutsche Bank announced yesterday that it has promoted James von Moltke to the post of chairman. He will be chairman alongside Karl von Rohr.

Von Moltke will take up his new duties immediately. The newly appointed chairman has served as Deutsche Bank’s chief financial officer since July 2017. According to the German financial services provider, Von Moltke will also continue to serve as chief financial officer.

“James von Moltke has done an outstanding job as Chief Financial Officer over the past five years and has played an important role in the successful transformation of Deutsche Bank,” said Paul Achleitner, Chairman of the Supervisory Board. “The board is now well positioned for Deutsche Bank’s next strategic phase.”

In order to expand its operations globally, Deutsche Bank has announced several appointments over the past 12 months. Last year, the German company announced that Olivier Vigneron, the former chief executive of JPMorgan, would join Deutsche Bank as Group Chief Risk Officer.

Moltke’s professional career

During his long career, Von Moltke has worked with leading financial services providers like Citigroup. He began his career at Credit Suisse First Boston in London in 1992. The new president of Deutsche Bank then joined JPMorgan and worked for almost a decade in New York and Hong Kong. During his professional career, he also worked with Morgan Stanley.

Christian Sewing, CEO of Deutsche Bank, said: “This gives us the right governance structure to succeed over the long term in times of increasing complexity and volatility. I look forward to executing our growth strategy with our strong global leadership team. »

Deutsche Bank recently released its financial results for the fiscal year ended December 31, 2021. During the mentioned period, the bank’s pre-tax profit reached 3.4 billion euros. Deutsche Bank also recorded strong growth in its core businesses.

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