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Deutsche Bank appoints Raja Akram as new Chief Financial Officer
Deutsche Bank has appointed Raja Akram as its new Chief Financial Officer, succeeding James von Moltke, who will continue to oversee the bank's financial strategy until June 2026. Akram, currently Deputy CFO at Morgan Stanley, will officially take on the role in 2026, bringing extensive experience from Citigroup and Morgan Stanley. The bank's leadership transition aims to enhance its growth strategy, with key executives' contracts extended for continuity.
Stefan Simon departs Deutsche Bank after revamping anti-financial crime processes
Stefan Simon, the bank chief who enhanced Deutsche Bank's Anti-Financial Crime (AFC) processes, has announced his departure for personal reasons. He has held various roles, including CEO of the Americas and Chief Legal Officer, and will be succeeded by Fabrizio Campelli, with Paul Maley stepping in as interim CEO. Chairman Alexander Wynaendts expressed gratitude for Simon's contributions to the bank's regulatory relationships and growth strategy in the Americas.
deutsche bank announces management changes to support growth strategy
Deutsche Bank has announced significant management changes as it prepares for its growth strategy. CFO James von Moltke will step down in June 2026, with Raja Akram set to succeed him after joining from Morgan Stanley in October 2025. CEO Christian Sewing's contract has been extended until 2029, while Fabrizio Campelli will lead the Americas operations starting May 2025, following Stefan Simon's departure for personal reasons.
Deutsche Bank appoints Raja Akram as new chief financial officer
Deutsche Bank has appointed Raja Akram, formerly deputy CFO at Morgan Stanley, as its next CFO, effective October 1, 2025. He will succeed James von Moltke, who has been CFO since 2017, as part of a leadership transition aimed at solidifying the bank's operations and preparing for future growth. CEO Christian Sewing's contract has also been extended through April 2029, emphasizing continuity during this strategic shift.
Deutsche Bank appoints Raja Akram as new CFO as Sewing's contract extended
Deutsche Bank will appoint Raja Akram as the new Chief Financial Officer in 2026, succeeding James von Moltke, who is stepping down after eight years. CEO Christian Sewing's contract has been extended until April 2029, ensuring leadership continuity as the bank embarks on a new strategic phase.
deutsche bank extends ceo sewing's contract amid management shakeup and strategy shift
Deutsche Bank has extended CEO Christian Sewing's contract for a third term until April 2029, while CFO James von Moltke and board member Stefan Simon will depart. The bank is rethinking its strategy amid a crucial year for its turnaround, with potential business closures on the table. Despite recent challenges, including a legal issue that impacted profits, Sewing remains optimistic about leveraging opportunities for growth.
Deutsche Bank extends CEO contract and reshuffles leadership team for turnaround
Deutsche Bank has extended CEO Christian Sewing's contract for a third term until April 2029, as part of a significant management overhaul that includes the departure of CFO James von Moltke and board member Stefan Simon. The bank aims to refine its strategy and address past legal issues while pursuing ambitious profit and cost targets, despite some skepticism from analysts regarding its goals. Shares have roughly doubled under Sewing's leadership, outperforming the Stoxx Europe 600 Banks index.
deutsche bank appoints new cfo amid leadership changes and strategy shift
Deutsche Bank has announced a leadership shake-up, with CFO James von Moltke departing and being succeeded by Raja Akram from Morgan Stanley. CEO Christian Sewing's contract has been extended until April 2029, while chief legal officer Stefan Simon will leave in May for personal reasons. The changes come as the bank seeks to refine its strategy amid ongoing challenges.
Deutsche Bank extends CEO Sewing's contract amid management changes
Deutsche Bank has extended CEO Christian Sewing's contract until April 2029 amid a management overhaul, which will see CFO James von Moltke replaced by Raja Akram next year. Fabrizio Campelli will take on additional responsibilities for the Americas, following the departure of Stefan Simon for personal reasons. Despite restructuring efforts and a significant rise in share value, analysts remain cautious about the bank's ambitious profit and cost targets.
Deutsche Bank extends CEO Sewing's contract amid management changes and challenges
Deutsche Bank has extended CEO Christian Sewing's contract until April 2029 amid a management overhaul, which sees CFO James von Moltke replaced by Raja Akram next year. Fabrizio Campelli will take on additional responsibilities for the Americas, following the departure of Stefan Simon. Despite restructuring efforts and a significant rise in share value, analysts remain cautious about the bank's ambitious profit and cost targets.
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