deutsche bank organizational structure

Banks or Fintechs Who will be shaping the future of the financial industry? He has worked in Frankfurt, London, Singapore, Tokyo and Toronto. Eurosystem Collateral Management System, Overview . In accordance with our principles, we operate a control framework and governance to ensure that in all material aspects we are compliant with applicable tax laws, we file accurate tax returns, and we pay the amount of tax due. He joined the board in November 2019 in his former role of Chief Transformation Officer, responsible for transformation and Human Resources. The beleaguered German lender Deutsche Bank is undergoing a historic overhaul: Amid mounting losses and a plummeting share price, the firm announced this summer plans to gut its stock-trading. During his career at Deutsche Bank Karl von Rohr has held various senior management positions in Germany and Belgium. Climate emergency: can green tech save us? In Europe, Deutsche Bank is well placed to benefit from the aforementioned resilient conditions in its home market, Germany, and from continued strong levels of corporate activity in the euro zone. Banks or Fintechs Who will be shaping the future of the financial industry? Collateralmanagement Access Portal (CAP), Mobilisation and Administration of Credit Claims (MACCs), Overview These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Will Covid-19 be an opportunity or threat to sustainable development? Based on proposals of the Compensation Control Committee, the Supervisory Board determines the total compensation of the individual members of the Management Board resolves on the compensation system for the Management Board and reviews it regularly. It is a German bank in the United States of America which is under the jurisdictional of the United States of America, the ultimate holding company being the Deutsche Bank AG. Financing. Are sustainable cities a solution to climate change? Born: 1969Nationality: Australian, GermanFirst appointed: 2017. Ludwig Blomeyer-Bartenst. The bank has also realigned some infrastructure functions to further sharpen the focus on controls, costs, and risks. Members:Alexander Wynaendts, ChairmanDetlef Polaschek*Frank Werneke*Professor Dr. Norbert WinkeljohannIn addition to the eight standing committees, the Mediation Committee, which is required by German law, makes proposals to the Supervisory Board on the appointment or dismissal of members of the Management Board in cases where the Supervisory Board is unable to reach a two-thirds majority decision. Currently she is Head of Group Planning & Performance Management and Member of the Group Management Committee (GMC). Committees of the Supervisory Board. International Central Bank Dialogue, Overview The Management Board is responsible for managing the company. In doing so, we seek to ensure that our bank is competitive and profitable while being underpinned by strong capital and liquidity. We value our German roots and remain committed to our international presence. In keeping with this purpose, we apply the principles set out in this document in the management of our tax affairs. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir. The realignment of responsibilities will allow the CEO to focus on cross-divisional priorities such as client centricity, sustainability and the control environment. Uncommercial artificial steps for the purpose of obtaining tax benefits should not be undertaken. The Bundesbank provides a new procedure for the automated download of statistical data sets. Its members are jointly accountable for the management of the company. Deutsche Bank is committed to maintaining a best-in-class corporate governance framework in line with international standards and legal requirements and established a Group Governance Function, mandated to define, implement and monitor a governance framework for Bank globally, facilitate its cross-unit application, assess the respective Deutsche Bank's set-up includes four divisions that are well-positioned to grow: a leading European Corporate Bank based in Europe's largest economy, the Investment Bank focussing on its traditional strengths in financing, advisory, fixed income and currencies. Offer for Numis Corporation Plc. Deutsche Bank is one of the leading banks in America. Juli 2020 offiziell Deutsche Bank Park (zuvor Commerzbank Arena), ist ein Fuballstadion in Frankfurt am Main.Es liegt im Stadtwald im Stadtteil Frankfurt-Sachsenhausen.Das 1925 erffnete, seither mehrfach modernisierte Stadion wurde anlsslich der Fuball-Weltmeisterschaft 2006 von 2002 bis 2005 als reines Fuballstadion ohne . She previously spent nine years in Group Strategy & Planning, which she ran from 2011 to 2015. Short also takes over Global Procurement from the Chief Operating Office (COO) and Management Board responsibility for the Capital Release Unit. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. But despite the bad headlines, Deutsche Bank isn't going away. The web service offers an interface for programmatic access. Members:Mayree Clark, ChairpersonLudwig Blomeyer-Bartenstein*Jan Duscheck*Michele TrogniStefan Viertel*Professor Dr. Norbert WinkeljohannAlexander WynaendtsThe Tasks of the Committee can be found in the Terms of Reference. Deutsche Bank has established strong bases in all major emerging markets, and therefore has good prospects for business growth in fast-growing economies, including theAsia Pacific region, Central and Eastern Europe, and Latin America. Effective corporate governance in accordance with high international standards is a part of our identity. Here you will find information on the bank sort code file and on the bank sort code update service. Born: 1970Nationality: GermanFirst appointed: 2015. The main business is the monetary policy of the Eurosystem. pol. The Bundesbank published various studies and conference proceedings, resulting from the research activities of its employees and guest researchers. It is not official; the only authentic text is the German one as published in the Federal Law Gazette. The Bundesbank's head offices are located in nine German cities. He re-joined Deutsche Bank on March 1, 2022. The Offer would be made solely by means of an offer or scheme document which would contain the full terms and conditions of such Offer, including details on how it may be accepted. How can companies and decision-makers reset for growth beyond corona virus. Bernd Leukert, Management Board member responsible for Technology, Data and Innovation (TDI), will assume responsibility for most of the remaining COO areas. How cloud technology is silently revolutionising our economy. Download. Deutsche Bank announces public tender offer for six series of its senior non-preferred bonds, Deutsche Bank Agrees to Combine UK and Ireland Corporate Finance Business with Numis, A message from Christian Sewing on Q1 results 2023, Deutsche Bank reports 1.9 billion profit before tax in the first quarter of 2023, Deutsche Bank to sharpen Management Boards focus on accelerating strategy execution, Friederike Rotsch appointed General Counsel of Deutsche Bank, Karl von Rohr not seeking to renew his contract as Member of Deutsche Banks Management Board, Deutsche Banks Annual General Meeting 2023 shareholders to vote on 50% higher dividend, Deutsche Bank announces decision to redeem its Fixed to Fixed Reset Rate Subordinated Tier 2 Notes due 2028, Copyright 2023 Deutsche Bank AG, Frankfurt am Main, 0 It works together closely with the Management Board in a cooperative relationship of trust and for the benefit of the company. Our in-house Group Tax function is an independent risk and control function separate to our business divisions and we employ skilled professionals to ensure that our position with respect to the banks own tax matters is robust. Such factors are described in detail in our SEC Form 20-F of 12 March 2021 under the heading Risk Factors. By their very nature, forward-looking statements involve risks and uncertainties. We support young sporting talent too. Before that, he was also responsible for theCorporate Bank and the Investment Bank. The aim of the reorganisation is to focus the management team more closely on the four business divisions in order to ensure sustainable profitability following the banks return to profitability last year. Short has a BCom (Honours) degree in Finance & Accounting from the University of Otago, Dunedin, New Zealand. Deutsche Bank providesfinancial servicesto companies, governments, institutional investors, small and medium-sized businesses and private individuals. It is one of the organizations which I admire to the . Read more Industries Banking Headquarters We thank him for a total of 35 years of commitment and successful work for Deutsche Bank and wish him all the best for his future endeavours.". On May 19, 2022 the Annual General Meeting appointed Ernst & Young GmbH Wirtschaftsprfungsgesellschaft, Stuttgart as the auditor of the Annual Financial Statements and as the auditor of the Consolidated Financial Statements for the 2022 financial year. Before that he was Head of Strategy & Organisational Development as well as Deputy Chief Operating Officer for Deutsche Bank Group and a member of the Group Executive Committee of Deutsche Bank. These range from corporate and transactional banking solutions to investment products and services for large corporations, small and medium-sized companies, governments, institutional investors, and asset managers Our business is subject to various risks, including tax-related risks. Seeing as our share is also listed on the New York Stock Exchange, we are subject in certain respects to U.S. capital market laws as well as the rules of the Securities and Exchange Commission and the New York Stock Exchange. Panel on Household Finances (PHF), Overview How can companies and decision-makers reset for growth beyond corona virus. Campellipreviously spent four years as the Global Head of Deutsche Bank Wealth Management. From 2013 to 2015 he was Global Chief Operating Officer, Regional Management. Whether supplying cash to the economy, being actively involved in banking supervision or giving talks to the general public under the rubric of economic education, the Bundesbank is on hand as a service provider, supervisor and information provider at approximately 40 locations throughout Germany. Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. Research Data and Service Centre, Overview Prior to this, he had been Head of Human Resources for Deutsche Bank in Germany and member of the Management Board of Deutsche Bank Privat- und Geschftskunden AG. We serve stakeholders best by offering solutions to our clients and participating in value creation by them. Members:Dr. Dagmar Valcrcel, ChairpersonLudwig Blomeyer-Bartenstein*Sigmar GabrielTimo Heider*Gabriele Platscher*Alexander WynaendtsThe Tasks of the Committee can be found in the Terms of Reference. From 20September, the Money Museum presents a new special exhibition that approaches money from a unique perspective, viewed through the lens of caricature and satire. She then set up a new Risk-wide team, Strategic Risk Analysis & Reporting, in 2012 before moving to a senior central management role in Audit in 2013 where she spent two years. . Employer Branding Job Titles Talent Acquisition Interview Questions Organizational Structure Onboarding People Analytics Employee . The 1st Line of Defence refers to those roles in the bank whose activities generate risks, whether financial or non-financial. Chairman of the Supervisory Board: Alexander R. Wynaendts. Copyright 2023 Deutsche Bank AG, Frankfurt am Main, Annual Financial Statements and Management Reports, Non-Financial Reports/Corporate Responsibility Reports, Reports Deutsche Bank Trust Preferred Securities. Are sustainable cities a solution to climate change? PKI - Public Key Infrastructures, Certificate Policies (CP) and Certification Practice Statements (CPS), Stock reports on external claims and liabilities, Stock reports on cross-border equity investments, PRISMA: Refining and improving the supervisory reporting system, Training for the Bundesbank's Intermediate Service, Bachelor of Science in Applied Computer Science, Work placements for secondary school students. Across Deutsche Bank, we have a variety of complementary solutions for corporate and institutional clients. We seek to understand and mitigate these risks where possible. The Supervisory Board will decide on Lewis's succession in due course. Lars Stoy, who currently manages the Postbank brand in the banks home market, will assume responsibility for the Private Bank Germany, reporting to the banks President, Karl von Rohr, who had taken on this role on an interim basis. Stay up to date with what you want to know. The 2nd Line of Defence refers to the roles in the bank who define the risk management framework for a specific risk type. Or Tom Bowers? James von Moltke holds a Bachelor of Arts degree from New College, University of Oxford. In August 2021 he took on additional responsibility at Management Board level for Deutsche Bank in theUK andIreland (UKI). Will greater investment in water resources make for a more sustainable future? Jan Duscheck Move Members:Michele Trogni, ChairpersonJan Duscheck*Martina Klee*Bernd Rose*Yngve SlyngstadAlexander WynaendtsThe Tasks of the Committee can be found in the Terms of Reference. Deutsche Schule Istanbul . Like(s). From 2018 to 2020, he was Head of Group Strategy. Born: 1973Nationality: British, ItalianFirst appointed: 2019. Year of Birth: 1960Nationality:DutchFirst elected: 2022/05/19Term expires: 2026, Chairman of the Supervisory Board of Deutsche Bank Aktiengesellschaft, Since 2022:Chairman of the Supervisory Board of Deutsche Bank Aktiengesellschaft, Since 2020:Member of various Supervisory and Advisory boards, 2008 2020:Chief Executive Officer and Chairman of the Management and Executive BoardsAegon N.V., The Hague, Netherlands, 2007 2008:Chief Operating OfficerAegon N.V., The Hague, Netherlands, 2003 2007:Member of the Executive BoardAegon N.V., The Hague, Netherlands, 1998 2003:Executive Vice President, Group Business DevelopmentAegon N.V., The Hague, Netherlands, 1997 1998:Senior Vice President, Group Business DevelopmentAegon N.V., The Hague, Netherlands, 1984 1997:various roles in Investment Banking, Private Banking and Capital MarketsABN AMRO Bank, Amsterdam, Netherlands; London, Great Britain, 1981 1984:Degree in Economics, University Paris-Sorbonne, 1978 1983:Degree in Electrical Engineering, Ecole Suprieure dElectricit, Memberships of statutory supervisory boards in Germany:none, Memberships of comparable boards:Member of the Board of Directors, Air France-KLM Group S.A., Paris, FranceMember of the Board of Directors, Uber Technologies, Inc., San Francisco, USANon-Executive Director, Chairman, Puissance Holding B.V., Rotterdam, Netherlands, Year of Birth:1960Nationality:GermanElection first effective:2018/05/24Term expires:2023, Deputy Chairman of the Supervisory Board of Deutsche Bank AGMember of the Staff Council, Since 2006:Member of the General Staff Council, Deutsche Bank AG and DB Privat- und Firmenkundenbank AG (formerly: Deutsche Bank Privat- und Geschftskunden AG), Since 1998:Exempted Staff Council member, DB Privat- und Firmenkundenbank AG, Essen (formerly: Deutsche Bank Privat- und Geschftskunden AG), (until 2000 in Deutsche Bank AG), 2017 - 2018:Member of the Supervisory Board and Audit Committee, Deutsche Bank Privat- und Geschftskunden AG, Frankfurt am Main, 1991 - 1998:Head of Investment Management for Corporate Clients, Deutsche Bank AG, Essen, 1991 - 1996:Department Head, Bond Trading, Deutsche Bank AG, Essen, 1981 - 1991:Employee in branch back-office support (proprietary trading in fixed-income securities), Investments Department, Deutsche Bank AG, Essen, 1989:Appointment as bank official (Oberbeamter), 1981 - 1981:Civil service in lieu of military service, Workers Welfare Association, 1979 - 1980:Securities advisor, Investments Department, Deutsche Bank AG, Essen, 1976 - 1979:Bank apprenticeship at Deutsche Bank AG, Essen, Memberships of statutory supervisory boards in Germany:None, Year of Birth:1957Nationality:GermanElection first effective:2018/08/01Term expires:2023, Deputy Chairman of the Supervisory Board of Deutsche Bank AGSelf-employed corporate consultant, Norbert Winkeljohann Advisory & Investments, Since 2022:Deputy Chairman of the Supervisory Board of Deutsche Bank AG, 2011 2018:Chairman of the Management Board of PwC Europe SE WPG (Spokesman of the Management Board of PwC Europe AG WPG until 2014), Frankfurt am Main, Germany, 2010 2018:Spokesman of the Executive Board of PricewaterhouseCoopers GmbH Wirtschaftsprfungsgesellschaft (formerly Spokesman of the Management Board of PricewaterhouseCoopers Aktiengesellschaft Wirtschaftsprfungsgesellschaft), Frankfurt am Main, Germany, 1999 2010:Member of the Management Board of PricewaterhouseCoopers AG WPG and Head of the Business Division Mid-Caps and Family Firms in Germany and Europe, Frankfurt am Main, Germany, 1994 1998:Auditor and Tax Consultant; Executive Partner of Societts Treuhand Gruppe, Hannover / Osnabrck, Germany, 1993:Auditing and consultancy work at Deloitte (formerly Touche Ross), London, United Kingdom, 1988 1993:Senior executive at Deloitte GmbH Wirtschaftsprfungsgesellschaft, International Tax, Dsseldorf, Germany, 1986 1988:Audit assistant at Dr. Kcke und Partner GmbH Wirtschaftsprfungsgesellschaft, Bank auditing, Dsseldorf, Germany, 2017:Named Honorary Professor of the Goethe University Frankfurt, 2001: Named Honorary Professor of the University of Osnabrck, 1983 1986:University of Hagen, Doctorate in Business Administration and Economics from the Department of Accounting, Taxes and Auditing (Dr. rer. pol. Products traded include bonds, loans and claims, across the capital structure. At the core of the division is the Global Transaction Banking (GTB) business, which is an established market leader in Europe with on the ground presence in 60 countries, including an extensive footprint in Asia Pacific. The aim is to consolidate the areas which are particularly impacted by legal requirements and require a close dialogue with regulators. Deutsche Bank today announced a reorganisation of its Management Board. Strong governance framework to protect stakeholders interests. Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. We manage our tax affairs in a way which aims to ensure that the tax consequences of business operations are appropriately aligned with the economic, regulatory and commercial consequences of those business operations, with due regard being given to the potential perspective of the relevant tax authorities. The longest-serving member of the Management Board, Stuart Lewis, Chief Risk Officer, has informed the Supervisory Board of his decision to retire at the Annual General Meeting 2022. From 2010 to 2012, he served as the Banks Chief Credit Officer. Berichte Deutsche Bank Trust Preferred Securities Berichte Deutsche Postbank Funding Trusts Hauptversammlung ESG Service und Kontakte . and Goldman Sachs. 1978 1984:Studies in economics, business administration and geography at the University of Tbingen and the University of St. Gallen (Switzerland), Memberships of statutory supervisory boards in Germany:Knorr Bremse AG, Munich, Year of Birth:1967Nationality:GermanAppointed by court:2021/11/25Term expires:2023, *Appointed by the court as an employee representative, Chairman of the trade union ver.di (Vereinte Dienstleistungsgewerkschaft), Since 2019:Chairman of the trade union ver.di, Berlin, 2002 2019:Deputy Chairman and Chief Financial Officer (from 2011 to 2019) of ver.di, Berlin, 2001 2002:Member of the National Executive Board of ver.di, Berlin, 1998 2001:Member of the Executive Board of the Media Union (Industriegewerkschaft Medien) (elected office), 1983 1998:National Secretary for the Printing and Publishing sector for the Executive Board of the Media Union, Stuttgart, 1988 1993:Employee in the quality management area of Graphia Hans Gundlach GmbH, Bielefeld, 1987 1988:Community service with the foundation von Bodelschwinghsche Stiftungen Bethel, Bielefeld, 1986:Packaging Mechanic, Graphia Hans Gundlach GmbH, Bielefeld, 1983 1986:Apprenticeship as Packaging Mechanic, Graphia Hans Gundlach GmbH, Bielefeld, Memberships of statutory supervisory boards in Germany:ZDFStudios GmbH, Member of the Television Council of the Zweites Deutsches Fernsehen (ZDF)Member of the Supervisory Board of thever.di Vermgensverwaltungsgesellschaft m.b.H, Year of Birth:1959Nationality:GermanElection first effective: 2021/05/27Term expires:2025, 2015 - 2021:Member of the Board of Management, Finance and ITVolkswagen AG, Wolfsburg, 2008 - 2015: Chairman of the Board of ManagementVolkswagen Financial Services AG, Braunschweig, 2007 - 2008:President and Chief Financial OfficerVolkswagen Credit Inc., USAas well as Regional Manager North and South America for Volkswagen Financial Services AG, 2005 - 2007:Chief Executive Officer & Chief Financial OfficerVolkswagen of America, Inc., and Volkswagen Canada, Inc., USA, 2002 - 2004:Chief Financial OfficerVolkswagen of America, Inc., and Volkswagen Canada, Inc., USA, 2001 - 2002:Corporate TreasurerSAirGroup, Switzerland, 1998 - 2001:Corporate TreasurerVolkswagen of America, Inc., and Volkswagen Canada, Inc., USA, 1992 - 1997: Department Head, Capital Markets Business (Group Treasury)Volkswagen AG, Wolfsburg, 1986 - 1992: Senior Group Leader, Special Financing (Treasury)BASF AG, Ludwigshafen, 1980 - 1986: Studies in Economics, Economics degree, University of Hannover, 1978 - 1980:Savings bank apprenticeship, Stadtsparkasse Hannover, Memberships of statutory supervisory boards in Germany:Traton SE, Munich, Memberships of comparable boards:Chairman of the Supervisory Board, VfL Wolfsburg-Fuball GmbH, WolfsburgMember of the Board of Directors, CGI Inc., Montreal, Canada, Copyright 2023 Deutsche Bank AG, Frankfurt am Main, Annual Financial Statements and Management Reports, Non-Financial Reports/Corporate Responsibility Reports, Reports Deutsche Bank Trust Preferred Securities. The fundamental basis for this is provided by, above all, the German Stock Corporation Act and the German Corporate Governance Code. He joined Deutsche Bank on September 1, 2019. with the support of master architect Kapp von Gltstein and the Ottoman Bank Director Wlfing. Commercial banks provide payment services, such as checking and credit . Alexander von zur Mhlen joined Deutsche Bank in 1998 and over the years has held a range of management roles in London and Frankfurt across infrastructure and business divisions, including previously serving as Co-Head of Global Capital Markets, with a regional focus on Asia Pacific and EMEA. How can companies and decision-makers reset for growth beyond corona virus. Using leaked internal memos and conversations with insiders, Business Insider has charted the new organizational power structure within the firm's corporate and investment-banking operations. It was last amended on July 4, 2013. AI in banking and business what can it do and who stands to gain? In this context the business-related parts of COO that support the Investment Bank and the Corporate Bank, which were previously run in a centralised organisation, will move closer to their respective businesses under Campellis responsibility. From 2008 to 2020, he worked at J.P. Morgan, where he served as Chief Risk Officer for Europe, Middle East and Africa and Firmwide Risk Executive for Market Risk. Organizational structure and education The beleaguered German lender Deutsche Bank is undergoing a historic overhaul: Amid mounting losses and a plummeting share price, the firm announced this summer plans to gut its stock-trading business, restructure its investment bank, and lay off 18,000 employees around the world. After working at Morgan Stanley for four years, where he led the Financial Technology advisory team globally, James von Moltke joined Citigroup as Head of Corporate M&A in 2009.

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deutsche bank organizational structure