May 19, 2016

Jürgen Fitschen to continue to serve Deutsche Bank in Germany and Asia

Jürgen Fitschen, who will step down as Co-Chairman of the Management Board of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) at the Annual General Meeting on 19 May, will continue to serve the bank. Fitschen, 67, will leverage the client network he has built over decades to support the bank’s business with key corporate clients. He will focus on Germany and Asia, the regions which have been particularly important to his career. Fitschen will continue to work closely with the Management Board and with the leaders of all businesses and regions.

“Jürgen Fitschen has put heart and soul into serving our bank. He always puts clients first, knows what they expect of us and how we can best fulfil their wishes”, John Cryan, Co-Chairman of the Management Board, said. “I am delighted that Jürgen will continue to support the bank and our clients with his valuable expertise and outstanding network.”

Fitschen has served at Deutsche Bank since 1987 in a number of roles. For more than a decade, based in Bangkok, Tokyo and Singapore, he helped build the bank’s Asian business. During the 1990s he relocated to Frankfurt and set up Global Transaction Banking. In 2004 he assumed responsibility for Regional Management globally, also taking on the role of Head of Germany. Jürgen Fitschen has served on the Management Board since 2009 and was elected Co-Chairman of the Management Board in June 2012.