deutsche bank organizational structure

Climate emergency: can green tech save us? Read more Industries Banking Headquarters He has worked in Frankfurt, London, Singapore, Tokyo and Toronto. The Mediation Committee only meets if necessary. Corporate Governance Organizational Structure Committees of the Supervisory Board Committees The Supervisory Board has established the following standing committees: Chairman's Committee Members: Alexander Wynaendts, Chairman Detlef Polaschek* Frank Werneke* Professor Dr. Norbert Winkeljohann How cloud technology is silently revolutionising our economy. Corporates and Institutions. The Corporate Bank serves as the hub for our corporate and commercial clients. How cloud technology is silently revolutionising our economy. 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. Three years later he became Global Head of Financial Planning and Analysis. Deutsche Bank providesfinancial servicesto companies, governments, institutional investors, small and medium-sized businesses and private individuals. From 2018 to 2020, he was Head of Group Strategy. Deutsche Bank has 432 executives and 35 subsidiaries Board N-1 CEO Christian Sewing President @ Deutsche Bank CIB Move Chairman of the Board Alexander Wynaendts Move Vice Chairman of the Board Detlef Polaschek Move Director, Employee Represent. It is not official; the only authentic text is the German one as published in the Federal Law Gazette. All changes will take effect on 1 May 2021, subject to regulatory approvals. Banks or Fintechs Who will be shaping the future of the financial industry? Financing. The Tasks of the Committee can be found in the Terms of Reference. Based on this model we have a clear framework setting out roles and responsibilities for defined tax types to ensure we remain compliant with our tax obligations. International Central Banking Courses, Regular refinancing and fine-tuning operations, Pandemic emergency purchase programme (PEPP), Securities lending under the APP and PEPP, Overview Before that, he was also responsible for theCorporate Bank and the Investment Bank. 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. (Source: Corporate Governance Report), * Employee Representative on the Supervisory Board, 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 Supervisory Board will decide on Lewis's succession in due course. The Supervisory Board of Deutsche Bank AG appoints, supervises and advises the Management Board and is directly involved in decisions of fundamental importance to the bank. 2. Fabrizio Campelli has been responsible for theCorporate Bank andInvestment Bank on the Management Board since May 2021. Ludwig Blomeyer-Bartenst. In this context we may seek to avail ourselves of tax benefits and beneficial tax rates available under those tax laws. Campelli holds an MBA from MIT Sloan School of Management and a Business Administration degree from Bocconi University. From 2013 to 2015 he was Global Chief Operating Officer, Regional Management. You can also download the bank sort code files. Was Vrablic a CIA case officer? Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. Any decision made in relation to the Offer should be made solely and only on the basis of the information provided in any such document. pol. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. with the support of master architect Kapp von Gltstein and the Ottoman Bank Director Wlfing. Copyright 2023 Deutsche Bank AG, Frankfurt am Main. Find an overview of all former Presidents of the Deutsche Bundesbank and its predecessor institutions since 1948 in our picture archive. There are also a number of highly skilled functions performing key management tasks. . Are sustainable cities a solution to climate change? Banks or Fintechs Who will be shaping the future of the financial industry? Alexander von zur Mhlen became a member of the Management Board on August 1, 2020. By their very nature, forward-looking statements involve risks and uncertainties. Its members are jointly accountable for the management of the company. Panel on Household Finances (PHF), Overview Corporate Bank Investment Bank Private Bank From January until June 2015, he was responsible on the Management Board for Legal, Incident Management Group and Group Audit, and assumed responsibility for Deutsche BanksPrivate & Commercial Bank (including Postbank) between July 2015 and April 2018. The Deutsche Bank Building (formerly Bankers Trust Plaza) was a 39-story office building located at 130 Liberty Street in Manhattan, New York City, adjacent to the World Trade Center site.The building opened in 1974 and closed following the September 11 attacks in 2001, due to contamination that spread from the collapse of the South Tower.The structure was designed by Shreve, Lamb & Harmon . 2007 - 2008:Chairman and Chief Executive Officer, Merrill Lynch & Co., Inc. 2006 - 2007:Chief Executive Officer and Director, NYSE Euronext, Inc. 2004 - 2006:Chief Executive Officer and Director, New York Stock Exchange. We offer structured risk and non-flow financing solutions for clients globally across multiple industries and asset classes. He is responsible for the Asia Pacific region. She has been a member ofthe Management Board since Jan 1, 2020. Year of Birth: 1967Nationality: GermanFirst appointed: 2020. Deutsche Bank is one of the leading banks in America. 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. Banking. Dedicated Management Board member responsible for the Investment Bank and the Corporate Bank New organisation of infrastructure functions New contract for CEO Sewing, running until 2026 Rebecca Short to join the Management Board. Michael Ilgner, Global Head of HR, will report to Sewing. Born: 1970Nationality: GermanFirst appointed: 2015. Are sustainable cities a solution to climate change? In the light of the reorganisation, the current Chief Operating Officer, Frank Kuhnke, will leave Deutsche Bank. We seek to understand and mitigate these risks where possible. Organization culture & Deutsche Bank. From 2010 to 2012, he served as the Banks Chief Credit Officer. structure in the United States, mean less interconnectedness and more certainty that we . Overall, we see Deutsche Banks leadership well positioned, which is also underscored by the new contract for Christian Sewing., Achleitner also thanked the departing Board member, Frank Kuhnke. 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. Commercial banks provide payment services, such as checking and credit . Management Board: Christian Sewing (Chairman), James von Moltke, Karl von Rohr, Fabrizio Campelli, Bernd Leukert, Alexander von zur Mhlen, Christiana Riley, Rebecca Short, Stefan Simon, Olivier Vigneron. In 2015, he was appointed Treasurer of Citigroup. Deutsche Bank is the biggest bank in the Euro zone. pol. Christian Sewing Chief Executive Officer, Copyright 2023 Deutsche Bank AG, Frankfurt am Main. What does it take to make bold moves in business? Das Waldstadion, aufgrund eines Namenssponsorings seit 1. She moved to London in 2000 with Credit Risk Management where she spent 12 years, latterly as European Head of Corporates. Organisational structures must follow the Three Lines of Defence model with a clear definition of roles and responsibilities for all risk types. In 1995, he joined J.P. Morgan, working at the bank for 10 years in New York and Hong Kong. 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. Rhineland-Palatinate and Saarland, Research Council, Research Professors and Research Fellows, Overview . Our Information Call-Center is available Monday to Friday from 08:00am to 05:00pm. The Management Board has, as its prime responsibility, the Group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control. It regulates the structure, the scope, duties and functions of the Deutsche Bundesbank as central bank. "Rosemary Vrablic: In 1989, a headhunter recruited her for a job in Citicorp's private-banking arm. The Management Board is responsible for managing the company. It was last amended on July 4, 2013. Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) will fundamentally change its group and leadership structure. The Bundesbank published various studies and conference proceedings, resulting from the research activities of its employees and guest researchers. AI in banking and business what can it do and who stands to gain? 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. Will greater investment in water resources make for a more sustainable future? 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. He started his career at Credit Suisse First Boston in London in 1992. As part of the reorganisation Sewing will transfer responsibility for the Investment Bank and the Corporate Bank to Fabrizio Campelli, currently serving as Chief Transformation Officer. Rating(s), 36 He is Chief Administrative Officer (CAO) and is responsible for Regulatory Affairs as well as for Legal and Governance. What does it take to make bold moves in business? 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. Chief Transformation Officer 1 Stefan Simon Chief Administrative Officer 0 Claudio de Sanctis Head of Wealth Management 0 Rebecca Short Chief Transformation Officer 0 Olivier Vigneron Group Chief Risk Officer 0 Add people Board & Advisors Paul Achleitner Chairman Bernd Rose Supervisory Board Dagmar Valcrcel Supervisory Board Detlef Polaschek From 2005 until 2007, Christian Sewing was a member of the Management Board of Deutsche Genossenschafts-Hypothekenbank. The Supervisory Board reviews the efficiency of its work on a regular basis. He has been President alongside Karl von Rohr since March 25, 2022. Deutsche Bank wasfounded in 1870 to accompany German businesses into the world, and has worked across borders ever since. During his career at Deutsche Bank Karl von Rohr has held various senior management positions in Germany and Belgium. He is the Chief Financial Officer. Overview Born: 1973Nationality: British, ItalianFirst appointed: 2019. This release contains forward-looking statements. Supervisory Board The Supervisory Board oversees and advises the Management Board in its management of Deutsche Bank. Born: 1965Nationality: GermanFirst appointed: 2015. Exhibition: Money in caricature and satire, Executive Board of the Deutsche Bundesbank, Bundesbank: An important partner at your side. Mobilisation and Administration of Credit Claims (MACCs), OpenMarket Tender Operation System (OMTOS), Overview 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. 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. Will Covid-19 be an opportunity or threat to sustainable development? How can companies and decision-makers reset for growth beyond corona virus. The Chief Transformation Office will be transferred from Campelli to Rebecca Short who will join the Management Board. We advocate the development of sound regulations and internal procedures to combat financial crime, including tax evasion, and do not endorse actions that seek to undermine tax reporting of financial account information under applicable legislation, such as the Common Reporting Standard (CRS) or the Foreign Account Tax Compliance Act (FATCA). Will Covid-19 be an opportunity or threat to sustainable development? Members:Alexander Wynaendts,, ChairmanMayreeClarkDetlef Polaschek*Frank Werneke*Prof. Dr. Norbert WinkeljohannThe Tasks of the Committee can be found in the Terms of Reference. 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. Move Director Mayree Clark Move Director, Employee Represent. How can companies and decision-makers reset for growth beyond corona virus. Collateralmanagement Access Portal (CAP), Mobilisation and Administration of Credit Claims (MACCs), Overview Before joining Deutsche Bank, he served as Treasurer of Citigroup, managing its capital and funding as well as liquidity and interest rate risk. Kai Pfaffenbach/Reuters; Deutsche Bank; Yutong Yuan/Business Insider, NOW WATCH: 'Openness actually draws people into the story': Why The New York Times is now putting its journalists front and center. Memberships of statutory supervisory boards in Germany:Sterbekasse fr die Angestellten der Deutschen Bank Gruppe VVa.G. How can companies and decision-makers reset for growth beyond corona virus. Corporate Governance. The bank has also realigned some infrastructure functions to further sharpen the focus on controls, costs, and risks. It is one of the organizations which I admire to the . Members:Michele Trogni, ChairpersonJan Duscheck*Martina Klee*Bernd Rose*Yngve SlyngstadAlexander WynaendtsThe Tasks of the Committee can be found in the Terms of Reference. Copyright 2023 Deutsche Bank AG, Frankfurt am Main, President and Head of Private Bank and Asset Management, Head of Corporate Bank and Investment Bank, Chief Technology, Data and Innovation Officer. The Deutsche Bank Prize in Financial Economics honors renowned researchers who have made influential contributions to the fields of finance and money and macroeconomics, and whose work has led to practical and policy-relevant results. Move Director Mayree Clark Move Director, Employee Represent. Chairman of the Supervisory Board: Alexander R. Wynaendts. Eurosystem Collateral Management System, Overview The bank focuses on its strengthsin a Corporate Bank newly created in 2019, a leading Private Bank, a focused investment bank and in asset management. He was Head of Group Audit from June 2013 to December 2014, prior to which he held a number of management positions in Risk. Alexander von zur Mhlen holds a Diploma in Business Administration from the Berlin School of Economics and Law. A cadre of executives at the bank are now responsible for navigating the turmoil and guiding the firm to a more stable and profitable future. Deutsche Bank is Germany's leading ba. The 3rd Line of Defence is Group Audit, which is accountable for providing independent and objective assurance on the adequacy of the design, operating effectiveness and efficiency of the risk management system and systems of internal control. Being Deutsche Banks COO for the last three years, Frank Kuhnke has played a major role in ensuring that our bank has stabilised and achieved its strategic objectives. He joined Deutsche Bank on September 1, 2019. Tax evasion, which is a financial crime, is illegal and goes against our culture, values and beliefs and our policies strictly prohibit aiding or abetting tax evasion. It comprises the President, the Vice-President and other members. It's even been paying "danger money" to bankers in select areas where it wants to grow. The Management Board has, as its prime responsibility, the Group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control. 2010 - 2016:Chairman and Chief Executive Officer, CIT Group Inc. 2009:President of Global Investment Banking, Markets and Wealth Management, Bank of America. This is exacerbated by the growing complexity of international tax laws and divergent approach of national tax authorities in various instances. Are sustainable cities a solution to climate change? Berichte Deutsche Bank Trust Preferred Securities Berichte Deutsche Postbank Funding Trusts Hauptversammlung ESG Service und Kontakte . 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. Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. Born: 1974Nationality:British, New ZealanderFirst appointed: 2021. The aim of the reorganisation is to focus the management team more closely on the four business divisions in order to ensure sustainable profitability . Organigramm Deutsche Bank - The Official Board Board CEO Christian Sewing President @ Deutsche Bank CIB Move Chairman of the Board Alexander Wynaendts Move Vice Chairman of the Board Detlef Polaschek Move Director, Employee Represent. The Deutsche Bundesbank is the central bank of the Federal Republic of Germany. They are followed by the branches of the Bundesbank.
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