Media Release June 30, 2023

Michael Ilgner to depart as Global Head of Human Resources and Real Estate

Michael Ilgner, Global Head of Human Resources and Real Estate, has decided to leave Deutsche Bank, effective September 30, 2023. Ilgner joined the bank as Head of Human Resources and a Senior Group Director in 2020. In 2021 he assumed additional responsibility for Global Real Estate and Future of Work. Prior to his tenure at Deutsche Bank, Ilgner was the CEO of Deutsche Sporthilfe (German Sport Aid Foundation) from 2010 to 2019.

“Over the past three years, Michael shaped our human capital strategy, creating a strong foundation for future proof leadership and talent management practices that we can build on. He was also an important partner to the Management Board. We thank Michael for his commitment and his valuable contributions and wish him all the best for his future endeavors,” said Christian Sewing, Chief Executive Officer.

Deutsche Bank will announce its succession plans for Michael Ilgner’s responsibilities in due course.

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network. 

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.

Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.

Such factors are described in detail in our SEC Form 20-F of 17 March 2023 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from

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