News: John Cryan made the CEO of Deutsche Bank

Appointments

John Cryan made the CEO of Deutsche Bank

John Cryan, 54, has been on the bank’s supervisory board since 2013 and was a former chief financial officer of UBS.

Deutsche Bank appointed John Cryan as its new CEO on Sunday after co-chief executives Anshu Jain and Juergen Fitschen resigned following criticism from investors. John Cryan, 54, has been on the bank’s supervisory board since 2013 and was a former chief financial officer of UBS. He will replace Anshu Jain from July 1 and become the sole CEO when Juergen Fitschen steps down next year, the bank said. Deutsche Bank has struggled to restore an image tarnished by a raft of regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering. 

Read Financial Express full report here.

Read full story

Topics: Appointments, C-Suite, #International

Did you find this story helpful?

Author

QUICK POLL

How do you envision AI transforming your work?