Deutsche Bank announced today the appointment of Sir Richard Lambert as a senior independent adviser.
As an adviser Sir Richard will provide guidance on developments and themes in financial markets that impact the Bank’s clients. He will provide counsel to the Office of the UK CEO on industry challenges that will help Deutsche Bank adapt to a new regulatory environment.
Sir Richard will also advise on Deutsche Bank’s Corporate Citizenship UK programme. Deutsche Bank regards corporate social responsibility as an investment in society and its own future and is among the UK’s most active corporate citizens.
Colin Grassie, Deutsche Bank’s Chief Executive Officer, UK, said: “We are delighted to welcome Sir Richard to Deutsche Bank. As a senior independent adviser, he will help ensure Deutsche Bank remains the industry’s leading universal bank and a trusted adviser to the UK’s leading companies.”
Commenting on his appointment, Sir Richard said: “I am very pleased to serve as an independent adviser to Deutsche Bank, which has committed itself to a culture that aligns risks and rewards; attracts and develops talented individuals; fosters teamwork and partnership; and is sensitive to the society in which it operates.”
Sir Richard was Director General of the CBI from 2006 until 2011. After studying history at Oxford, he spent 35 years at the Financial Times, including 10 years as Editor, and launched the title in the US.
On his departure, he joined the Monetary Policy Committee of the Bank of England and wrote reports for the Government on BBC News 24 as well as on the relationship between higher education and business.
He is also Chancellor of the University of Warwick, Lead Non Executive at the Foreign Office, and an Independent Non-Executive of Ernst & Young.
For further information, please call:
Deutsche Bank AG
Press & Media Relations
Name: Sebastian Howell
Phone: +44 (0) 207 545 4249