Deutsche Bank announces departure of Robert Rankin
Deutsche Bank announced today that Robert Rankin, 51, Co-Head of Corporate Banking & Securities and Head of Corporate Finance, will leave the Bank in January 2015 to become Chief Executive Officer of Consolidated Press Holdings, and it is intended that he will be nominated as Co-Chairman of Crown Limited and a Director of Melco Crown Entertainment Limited.
Consolidated Press Holdings, based in Australia, is an investment holding company engaged in a diverse range of investment activities, including entertainment, tourism/gaming resorts and media.
Rankin joined the Bank in 2009 as Chief Executive Officer, Asia Pacific (ex Japan) and has been in his current role since June 2012.
In his current role, Rankin has led Deutsche Bank to a record market share across corporate finance products. In 2011, the Bank’s fee market share in global corporate finance was 5.0%. In the first nine months of 2014, Deutsche Bank ranked top five globally with a market share of 5.5% (Dealogic).
Under Rankin’s leadership, the Bank also strengthened its number one position in European corporate finance and further expanded its presence in North America and Asia Pacific.
Jürgen Fitschen and Anshu Jain, Co-Chief Executive Officers of Deutsche Bank, said: “We wish Rob well in his new role and look forward to working with him as a client. We thank him for his leadership and excellent results.”
Robert Rankin, Co-Head of Corporate Banking & Securities and Head of Corporate Finance, said: “I have thoroughly enjoyed my time at Deutsche Bank, a firm that has allowed me to work with exceptional colleagues and clients across the globe. I leave the Bank with its biggest ever global market share and a leading franchise in corporate finance. I look forward to working with the Bank as a client in the future.”
A successor to Rankin will be named in due course.
For further information, please call:
Deutsche Bank AG
Press & Media Relations
Phone: +44 207 547 6941
Phone: +49 69 910 44032