Four new members appointed to Deutsche Bank's Management Board
At its meeting today, the Supervisory Board of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) appointed the following four executives to the Management Board with effect from 1 April 2009:
- Michael Cohrs, Head of Global Banking
- Jürgen Fitschen, Global Head of Regional Management
- Anshu Jain, Head of Global Markets, and
- Rainer Neske, Head of Private & Business Clients
The four executives are members of the Bank’s Group Executive Committee (GEC), which will remain in place.
“These appointments reflect the strength and depth of Deutsche Bank’s leadership pool. They reinforce our senior management team with business and regional expertise. Together with the current Board members, they position us very well for the future,” said Clemens Börsig, Supervisory Board Chairman, speaking on behalf of the Supervisory Board of Deutsche Bank.
Josef Ackermann, Chairman of the Management Board and of the GEC of Deutsche Bank, said: “I congratulate our newly-appointed Board members, with whom I have enjoyed many years of trusted and successful teamwork. Together with my Board colleagues I warmly welcome them to the Management Board.”
For further information, please contact:
Press and Media Relations
+49 69 910 43800 (Frankfurt)
+49 69 910 35395 (Frankfurt)
+1 212 250 7125 (New York)
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 80,456 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
This release also 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 trading revenues, potential defaults of borrowers or trading counterparties, the implementation of our management agenda, 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 26 March 2008 under the heading "Risk Factors." Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir .