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Deutsche Bank appoints Raja Akram as new CFO amid leadership changes

Deutsche Bank has appointed Raja Akram, currently deputy CEO at Morgan Stanley, as its new CFO, effective next year, succeeding James von Moltke. CEO Christian Sewing's term has been extended until April 2029, while chief legal officer Stefan Simon will depart in May.In other news, Alexis Kohler, a key adviser to President Macron, will join Société Générale as executive VP in June, overseeing investment banking teams amid the bank's turnaround strategy following recent scandals.

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.
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