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The Management Board is responsible for managing the company. Its members are jointly accountable for the management of the company. The Management Board has, as its prime responsibility, the Group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control.
John Cryan, born in 1960, is Co-Chief Executive Officer of Deutsche Bank, a role he assumed on July 1, 2015.
Mr. Cryan became a member of Deutsche Bank’s Supervisory Board in 2013, and served as Chairman of the Audit Committee and a member of the Risk Committee. Upon becoming Co-CEO, he stepped down from the Supervisory Board. Mr. Cryan will become sole CEO when Co-CEO Jürgen Fitschen steps down in May 2016.
Mr. Cryan was President for Europe at Temasek Holdings Pte. Ltd., the Singaporean investment company, from 2012 to 2014. Previously, he was Group Chief Financial Officer of UBS AG from 2008 to 2011, having worked in corporate finance and client advisory roles at UBS and SG Warburg in London, Munich and Zurich from 1987.
He began his career as a trainee chartered accountant at Arthur Andersen in London. He is a graduate of the University of Cambridge.
Jürgen Fitschen, born in 1948, became a member of our Management Board on April 1, 2009. Since the end of the Annual General Meeting on May 31, 2012 he has been Co-Chairman of the Management Board. At the meeting of the Supervisory Board on October 29, 2013 the appointment of Mr. Fitschen, was extended until March 31, 2017.
Mr. Fitschen has been with Deutsche Bank since 1987, was already a member of the Management Board from 2001 to the beginning of 2002 and has been a member of the Group Executive Committee since 2002. He first took on functional responsibility for global Regional Management in 2005 and since June 2012 has held functional responsibility for the bank’s Regional Management worldwide, with the exception of the bank’s European region but including Germany and the UK.
Mr. Fitschen studied Economics and Business Administration at the University of Hamburg and graduated in 1975 with a Master’s degree in Business Administration.
From 1975 to 1987, he worked at Citibank in Hamburg and Frankfurt am Main in various positions. In 1983 he was appointed member of the Executive Committee Germany of Citibank.
Stefan Krause, born in 1962, became a member of our Management Board and a member of the Group Executive Committee on April 1, 2008. He is responsible for Global Transaction Banking (GTB), the Non-Core Operations Unit (NCOU) and Postbank.
Previously, Mr. Krause spent over 20 years in the automotive industry, holding various senior management positions with a strong focus on Finance and Financial Services. Starting in 1987 at BMW’s Controlling department in Munich, he transferred to the U.S. in 1993, building up and ultimately heading BMW’s Financial Services Division in the Americas. Relocating to Munich in 2001, he became Head of Sales Western Europe (excluding Germany). He was appointed member of the Management Board of BMW AG in May 2002, serving as Chief Financial Officer until September 2007 and subsequently as Head of Sales & Marketing.
Mr. Krause studied Business Administration in Würzburg and graduated in 1986 with a Master’s degree in Business Administration.
Dr. Stephan Leithner, born in 1966, became a member of our Management Board and a member of the Group Executive Committee on June 1, 2012. He is CEO Europe (excluding Germany and the UK) and he is responsible for Human Resources, Compliance, Anti-Financial Crime, Government & Regulatory Affairs and Group Corporate Governance.
He joined Deutsche Bank in 2000. Prior to his current role, Dr. Leithner co-headed the Corporate Finance division and was responsible for Deutsche Bank’s local Corporate Finance Country Coverage teams across Europe and Asia as well as for the Global Financial Institutions Group. His previous roles included responsibility for Deutsche Bank’s German and European M&A business. Before joining Deutsche Bank in 2000, Dr. Leithner was a partner at McKinsey & Co.
He studied Economics and Business Administration at the University of St. Gallen, Switzerland, where he specialized in Finance and Accounting, completing his studies with a PhD.
Stuart Wilson Lewis, born in 1965, became a member of our Management Board and a member of the Group Executive Committee on June 1, 2012. He is our Chief Risk Officer. He joined Deutsche Bank in 1996. Prior to assuming his current role, Mr. Lewis was the Deputy Chief Risk Officer and Chief Risk Officer of the Corporate & Investment Bank from 2010 to 2012. Between 2006 and 2010 he was Chief Credit Officer.
Before joining Deutsche Bank in 1996, he worked at Credit Suisse and Continental Illinois National Bank in London.
He studied at the University of Dundee, where he obtained an LLB (Hons), and he holds an LLM from the London School of Economics. He also attended the College of Law, Guildford.
Henry Ritchotte, born in 1963, became a member of our Management Board and a member of the Group Executive Committee on June 1, 2012. He is our Chief Operating Officer and since May 2015 also Chief Digital Officer. He joined Deutsche Bank in 1995. Prior to assuming his current role, Mr. Ritchotte held the position of Chief Operating Officer for the Corporate & Investment Bank from 2010 to 2012, having previously been COO for the Global Markets division. He played a decisive role in the strategic recalibration and further integration of the Corporate & Investment Bank. His previous roles at Deutsche Bank include serving as Head of Global Markets in Tokyo.
Mr. Ritchotte joined Deutsche Bank in 1995 in fixed income sales after starting his career with Merrill Lynch in New York in 1993.
He holds a Bachelor’s degree in History from Haverford College, a Master’s degree in East Asian Studies and an MBA from the University of Chicago.
Marcus Schenck, born in 1965, became a member of the Management Board on May 21, 2015 and a member of the Group Executive Committee in January 2015. He is our Chief Financial Officer.
In January 2015 Mr. Schenck joined Deutsche Bank from Goldman Sachs International, where he was Partner and Head of Investment Banking Services for Europe, Middle East & Africa with responsibility for 20 major European clients. Additionally, he was a member of the Operating Committee of the Investment Banking Division of Goldman Sachs.
From 2006 to 2013, Mr. Schenck was Chief Financial Officer and a member of the Management Board of German energy supplier E.ON. In this role, he was not only responsible for Accounting, Controlling, M&A, Finance, Tax and Audit, but also for IT and growing the international business outside Europe. From 1997 to 2006, he held a number of senior positions at Goldman Sachs in Frankfurt. Prior to that, he was a consultant at McKinsey & Company.
Mr. Schenck holds a “Diplom-Volkswirt” degree from the University of Bonn and a PhD in Economics from the University of Cologne.
Christian Sewing, born in 1970, has been a member of the Management Board and a member of the Group Executive Committee since January 1, 2015. He is responsible for Private & Business Clients, Legal and the Incident Management Group.
Mr. Sewing joined Deutsche Bank in 1989. He was Head of Group Audit from June 2013 to May 2015, prior to which he held a number of management positions in Risk. From 2012 to 2013, he was Deputy Chief Risk Officer and Head of Risk Management and Risk Strategy. From 2010 to 2012, he served as the Bank’s Chief Credit Officer. He has worked in Frankfurt, London, Singapore, Tokyo and Toronto.
From 2005 until 2007, Mr. Sewing was a member of the Management Board of Deutsche Genossenschafts-Hypothekenbank.
Before graduating with a diploma from the Bankakademie Bielefeld and Hamburg, he completed a bank apprenticeship at Deutsche Bank in 1989.