Introduction#
Deutsche Bank has announced significant changes to its Management Board and Group Management Committee to bolster its growth strategy, known as Scaling the Global Hausbank. These changes are set to take effect on May 1.
Key Appointments#
Stefan Hoops, currently the CEO of Deutsche Bank’s asset management division, DWS, will join the Group’s Management Board. He will take over the role of representing the Asset Management division from James von Moltke, who will depart at the end of June 2026. Hoops will continue to lead DWS, which operates as a separate entity with its own governance and strategy.
Marie-Jeanne Deverdun has been appointed as the Chief Technology, Data and Innovation Officer, also effective May 1. She will succeed Bernd Leukert, who is leaving the bank when his contract ends in June. Deverdun has been with Deutsche Bank for 16 years and has held various leadership positions, most recently as Chief Operating Officer for the Corporate Bank and Investment Bank.
Additional Changes#
Brent Phillips, who has been with Deutsche Bank since 2021, will join the Group Management Committee as the Group Chief Security Officer.
Alexander Wynaendts, Chairman of the Supervisory Board, praised Hoops for his achievements at DWS and emphasized the importance of connecting asset management activities with other business areas. He also expressed gratitude to Bernd Leukert for his contributions over the past seven years.
Fabrizio Campelli has been appointed President, effective July 1, when von Moltke's tenure ends. Campelli will maintain his current roles, including overseeing the Corporate Bank and Investment Bank.
Future Focus#
Christian Sewing, the Chief Executive Officer, reiterated the bank's commitment to focused growth and efficiency, highlighting the accelerated integration of technology, including artificial intelligence (AI), across its operations.
These leadership changes are pending regulatory approval.