deutsche bank organizational structuredavid w carter high school yearbook
There are also a number of highly skilled functions performing key management tasks. Organisational structures must follow the Three Lines of Defence model with a clear definition of roles and responsibilities for all risk types. Banking. Across Deutsche Bank, we have a variety of complementary solutions for corporate and institutional clients. Corporate Governance. How cloud technology is silently revolutionising our economy. To deliver this, we aim to attract and develop talented individuals. Von Rohr joined Deutsche Bank in 1997. He is Chief Administrative Officer (CAO) and is responsible for Regulatory Affairs as well as for Legal and Governance. We serve stakeholders best by offering solutions to our clients and participating in value creation by them. The Supervisory Board appoints the members of the Management Board and creates succession plans for the Management Board. Move Director Mayree Clark Move Director, Employee Represent. Eurosystem Collateral Management System, Overview Deutsche Bank has established strong bases in all major emerging markets, and therefore has good prospects for business growth in fast-growing economies, including theAsia Pacific region, Central and Eastern Europe, and Latin America. He has been President alongside Karl von Rohr since March 25, 2022. On September 14, 1897, the school moved to the new building which contained 15 classes and a conference hall. The Supervisory Board of Deutsche Bank AG appoints, supervises and advises the Management Board and is directly involved in decisions of fundamental importance to the bank. Its members are jointly accountable for the management of the company. Prior to this, he had been Head of Human Resources for Deutsche Bank in Germany and member of the Management Board of Deutsche Bank Privat- und Geschftskunden AG. Research Data and Service Centre, Overview The purpose of Banking is to provide a stable platform on which to perform financial transactions. Our in-house Group Tax function is an independent risk and control function separate to our business divisions and we employ skilled professionals to ensure that our position with respect to the banks own tax matters is robust. Karl von Rohr studied law at the universities of Bonn (Germany), Kiel (Germany) and Lausanne (Switzerland) and at Cornell University (USA). In this context, the CEO will assume additional responsibility for Human Resources. In 2010 we were among the first banks in the United Kingdom to adopt the UK Code of Practice on Taxation for Banks. Fabrizio Campelli has been responsible for theCorporate Bank andInvestment Bank on the Management Board since May 2021. He has worked in Frankfurt, London, Singapore, Tokyo and Toronto. On May 1, 2021 he took on additional responsibility for Human Resources. Any decision made in relation to the Offer should be made solely and only on the basis of the information provided in any such document. How cloud technology is silently revolutionising our economy. Products traded include bonds, loans and claims, across the capital structure. pol. Members:Mayree Clark, ChairpersonLudwig Blomeyer-Bartenstein*Jan Duscheck*Michele TrogniStefan Viertel*Professor Dr. Norbert WinkeljohannAlexander WynaendtsThe Tasks of the Committee can be found in the Terms of Reference. Alexander von zur Mhlen became a member of the Management Board on August 1, 2020. We support young sporting talent too. Juli 2020 offiziell Deutsche Bank Park (zuvor Commerzbank Arena), ist ein Fuballstadion in Frankfurt am Main.Es liegt im Stadtwald im Stadtteil Frankfurt-Sachsenhausen.Das 1925 erffnete, seither mehrfach modernisierte Stadion wurde anlsslich der Fuball-Weltmeisterschaft 2006 von 2002 bis 2005 als reines Fuballstadion ohne . That will allow von Rohr to dedicate more time to his duties as President and his responsibilities for the Germany and EMEA regions, for the Private Bank as a whole and Asset Management. It regulates the structure, the scope, duties and functions of the Deutsche Bundesbank as central bank. Find executives, board members, teams, related companies, and more. From 2013 to 2015 he was Global Chief Operating Officer, Regional Management. Being Deutsche Banks COO for the last three years, Frank Kuhnke has played a major role in ensuring that our bank has stabilised and achieved its strategic objectives. Going forward, Ilgner will also oversee Global Real Estate to adapt the banks strategy in this area to the future working environment. Group Governance addresses corporate governance issues throughout Deutsche Bank Group, develops and safeguards efficient corporate governance structures, suitable to support efficient decision-making, to align risk and accountability on the basis of clear and consistent roles and responsibilities, putting a strong focus on enhancing a clear organizational structure along core corporate governance drivers. In doing so, we seek to ensure that our bank is competitive and profitable while being underpinned by strong capital and liquidity. PKI - Public Key Infrastructures, Certificate Policies (CP) and Certification Practice Statements (CPS), Stock reports on external claims and liabilities, Stock reports on cross-border equity investments, PRISMA: Refining and improving the supervisory reporting system, Training for the Bundesbank's Intermediate Service, Bachelor of Science in Applied Computer Science, Work placements for secondary school students. We achieve this by being a leading European bank with a global reach. A Deutsche Bank spokesman declined to comment for this project. She joined Deutsche Bank on its graduate programme in Auckland in 1998. Management Board. International Central Banking Courses, Regular refinancing and fine-tuning operations, Pandemic emergency purchase programme (PEPP), Securities lending under the APP and PEPP, Overview The Supervisory Board has established standing committees. It is not official; the only authentic text is the German one as published in the Federal Law Gazette. Exhibition: Money in caricature and satire, Executive Board of the Deutsche Bundesbank, Bundesbank: An important partner at your side. In 1995, he joined J.P. Morgan, working at the bank for 10 years in New York and Hong Kong. Campelli holds an MBA from MIT Sloan School of Management and a Business Administration degree from Bocconi University. Rhineland-Palatinate and Saarland, Research Council, Research Professors and Research Fellows, Overview Deutsche Bank is one of the leading banks in America. How can companies and decision-makers reset for growth beyond corona virus. The 2nd Line of Defence independently assesses and challenges the implementation of the risk type framework and adherence to the risk appetite, and acts as an advisor to the 1st Line of Defence on how to identify, assess and manage risks. From 2009 to 2017, he was Group Treasurer. The Bundesbank published various studies and conference proceedings, resulting from the research activities of its employees and guest researchers. Copyright 2023 Deutsche Bank AG, Frankfurt am Main. Deutsche Bank's set-up includes four divisions that are well-positioned to grow: a leading European Corporate Bank based in Europe's largest economy, the Investment Bank focussing on its traditional strengths in financing, advisory, fixed income and currencies. From 2012 to 2013, he was Deputy Chief Risk Officer. He re-joined Deutsche Bank on March 1, 2022. Deutsche Bank is the leading German bank with strong European roots and a global network. Our risk management framework consists of various components. Organizational Structure Corporate Governance Framework Reports Documents Tax Strategy Auditors On May 19, 2022 the Annual General Meeting appointed Ernst & Young GmbH Wirtschaftsprfungsgesellschaft, Stuttgart as the auditor of the Annual Financial Statements and as the auditor of the Consolidated Financial Statements for the 2022 financial year. Supervisory Board. The fundamental basis for this is provided by, above all, the German Stock Corporation Act and the German Corporate Governance Code. Will greater investment in water resources make for a more sustainable future? DBSI and DBTCA represent 94% of DB USA's total assets, with 72% and 22%, respectively. . She also studied at London Business School in the UK, where she gained a Master of Business Administration in 2005. Karl von Rohr was appointed as a member of the Management Board on November 1, 2015 and became President in April 2018. Climate emergency: can green tech save us? He was Head of Group Audit from June 2013 to December 2014, prior to which he held a number of management positions in Risk. Chairman of the Supervisory Board: Alexander R. Wynaendts. In August 2021 he took on additional responsibility at Management Board level for Deutsche Bank in theUK andIreland (UKI). Are sustainable cities a solution to climate change? AI in banking and business what can it do and who stands to gain? He is also responsible for the regions Germany and Europe, Middle East and Africa (EMEA). Climate emergency: can green tech save us? Bernd Leukert studied Industrial Engineering and Management at the University of Karlsruhe and at Trinity College Dublin, graduating in 1994 with a Masters Degree in Business Administration. Here you will find information on the bank sort code file and on the bank sort code update service. Deutsche Bank has a market leading financing business with a global footprint and unique capabilities. Das Waldstadion, aufgrund eines Namenssponsorings seit 1. Christian Sewing has been a member of the Management Board since January 1, 2015 and Chief Executive Officer since April 2018. OpenMarket Tender Operation System (OMTOS), Overview Company Structure and service offering. James von Moltke holds a Bachelor of Arts degree from New College, University of Oxford. Corporate Bank Investment Bank Private Bank The 1 st Line of Defence refers to those roles in the bank whose activities generate risks, whether financial or non-financial. Find an overview of all former Presidents of the Deutsche Bundesbank and its predecessor institutions since 1948 in our picture archive. In the light of the reorganisation, the current Chief Operating Officer, Frank Kuhnke, will leave Deutsche Bank. Organigramm Deutsche Bank - The Official Board Board CEO Christian Sewing President @ Deutsche Bank CIB Move Chairman of the Board Alexander Wynaendts Move Vice Chairman of the Board Detlef Polaschek Move Director, Employee Represent. Corporate Governance Organizational Structure Supervisory Board Supervisory Board The Supervisory Board of Deutsche Bank AG appoints, supervises and advises the Management Board and is directly involved in decisions of fundamental importance to the bank. Was Vrablic a CIA case officer? Offer for Numis Corporation Plc. "Rosemary Vrablic: In 1989, a headhunter recruited her for a job in Citicorp's private-banking arm. Will greater investment in water resources make for a more sustainable future? Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. Banks or Fintechs Who will be shaping the future of the financial industry? Prior to this Christiana worked at the management consultancy McKinsey & Company and at the investment bank Greenhill & Co. Christiana graduated in 2000 from Princeton University in America where she studied Romance Languages, Literature and Linguistics. Olivier Vigneron was appointed as a member of the Management Board on May 20, 2022 and is Chief Risk Officer. Will Covid-19 be an opportunity or threat to sustainable development? Deutsche Banks set-up includes four divisions that are well-positioned to grow: We aim to dobusiness in a responsible and sustainable way that has positive impact. In 2006, Vrablic met Tom Bowers, who had joined Deutsche Bank the year before with a mandate to help the German bank make a" Three years later he became Global Head of Financial Planning and Analysis. This will be supplemented by a reorganization of executive committees and senior management changes. Committees of the Supervisory Board. Resolution Plan") of the DB Group. The Offer would be made solely by means of an offer or scheme document which would contain the full terms and conditions of such Offer, including details on how it may be accepted. He previously worked at SAP, the global software company. But it will take time . It's even been paying "danger money" to bankers in select areas where it wants to grow. The aim of the reorganisation is to focus the management team more closely on the four business divisions in order to ensure sustainable profitability following the banks return to profitability last year. . Whether supplying cash to the economy, being actively involved in banking supervision or giving talks to the general public under the rubric of economic education, the Bundesbank is on hand as a service provider, supervisor and information provider at approximately 40 locations throughout Germany. Move Director Mayree Clark Move Director, Employee Represent. At an extraordinary meeting today in Frankfurt, the Supervisory Board of Deutsche Bank resolved to restructure the Banks business divisions. We are prepared to discontinue, and have discontinued, relationships with clients in order to safeguard our bank against the risk of tax evasion or other forms of financial crime. We thank him for a total of 35 years of commitment and successful work for Deutsche Bank and wish him all the best for his future endeavours.". By their very nature, forward-looking statements involve risks and uncertainties. From January until June 2015, he was responsible on the Management Board for Legal, Incident Management Group and Group Audit, and assumed responsibility for Deutsche BanksPrivate & Commercial Bank (including Postbank) between July 2015 and April 2018. Its members are jointly accountable for the management of the company. He joined Deutsche Bank in 2004 after working at McKinsey & Company in the firms London and Milan offices, focusing on strategic assignments mainly for global financial institutions. Deutsche Bank AG (NYSE:NYSE:DB) Q1 2023 Earnings Conference Call April 27, 2023 5:00 AM ETCompany ParticipantsChristian Sewing - CEO & ChairmanJames von Moltke - President &. In 2015, he was appointed Treasurer of Citigroup. They are followed by the branches of the Bundesbank. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Members:Alexander Wynaendts,, ChairmanMayreeClarkDetlef Polaschek*Frank Werneke*Prof. Dr. Norbert WinkeljohannThe Tasks of the Committee can be found in the Terms of Reference. Banking stimulates the growth of business by generating confidence and predictability in a currency, and that growth in turn increases the demand for banking services. Such factors are described in detail in our SEC Form 20-F of 12 March 2021 under the heading Risk Factors. Will Covid-19 be an opportunity or threat to sustainable development? Deutsche Bank today announced a reorganisation of its Management Board. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir. Short has a BCom (Honours) degree in Finance & Accounting from the University of Otago, Dunedin, New Zealand. Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. Are sustainable cities a solution to climate change? Like(s). Accor, the Paris-based hotel group, expects a recovery in occupancy rates to pre-pandemic levels will increasingly fuel its revenue growth over the next year. The longest-serving member of the Management Board, Stuart Lewis, Chief Risk Officer, has informed the Supervisory Board of his decision to retire at the Annual General Meeting 2022. Year of Birth: 1967Nationality: GermanFirst appointed: 2020. Chief Transformation Officer 1 Stefan Simon Chief Administrative Officer 0 Claudio de Sanctis Head of Wealth Management 0 Rebecca Short Chief Transformation Officer 0 Olivier Vigneron Group Chief Risk Officer 0 Add people Board & Advisors Paul Achleitner Chairman Bernd Rose Supervisory Board Dagmar Valcrcel Supervisory Board Detlef Polaschek At the core of the division is the Global Transaction Banking (GTB) business, which is an established market leader in Europe with on the ground presence in 60 countries, including an extensive footprint in Asia Pacific. Born: 1973Nationality: British, ItalianFirst appointed: 2019. Born: 1971Nationality: FrenchFirst appointed: 2022. All told, the revamp which will include a shrinking of the firm's global investment-banking ambitions in favor of a heightened focus on corporate and transaction banking services will cost north of $8 billion. Sign up for notifications from Insider! Before graduating with a diploma from the Bankakademie Bielefeld and Hamburg, Christian Sewing completed a bank apprenticeship at Deutsche Bank in 1989. He joined Deutsche Bank in 1989. Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. In July 2019 he took on responsibility for the Private Bank and Asset Management (DWS). The Management Board has, as its prime responsibility, the Group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control. You can also download the bank sort code files. The Bundesbank's decision-making body is the Executive Board. After working at Morgan Stanley for four years, where he led the Financial Technology advisory team globally, James von Moltke joined Citigroup as Head of Corporate M&A in 2009. . Alexander von zur Mhlen holds a Diploma in Business Administration from the Berlin School of Economics and Law. Currently she is Head of Group Planning & Performance Management and Member of the Group Management Committee (GMC). Corporate Governance Organizational Structure Committees of the Supervisory Board Committees The Supervisory Board has established the following standing committees: Chairman's Committee Members: Alexander Wynaendts, Chairman Detlef Polaschek* Frank Werneke* Professor Dr. Norbert Winkeljohann Commercial banks provide payment services, such as checking and credit . Download. He joined Deutsche Bank on September 1, 2019. Alexander von zur Mhlen joined Deutsche Bank in 1998 and over the years has held a range of management roles in London and Frankfurt across infrastructure and business divisions, including previously serving as Co-Head of Global Capital Markets, with a regional focus on Asia Pacific and EMEA. Stefan Simon was appointed as a member of the Management Board on August 1, 2020. Read more Industries Banking Headquarters Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. Banks and other financial corporations, Property prices and prices for construction work, Exchange rates, euro foreign exchange reference rates, gold prices, International investment position and external debt, Overview The ownership of the areas within COO will be shared between other Management Board members. The aim is to consolidate the areas which are particularly impacted by legal requirements and require a close dialogue with regulators. DT can also be used to transform an organizational culture by integrating its principles and values, such as user focus, norms of collaboration, risk-taking, ambiguity, experimentation, learning. 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. Christiana joined Deutsche Bank in 2006 where she was most recently Chief Financial Officer of the Corporate & Investment Bank. The Management Board is responsible for managing the company. From 2014 to 2019, he was responsible for product development and innovations as well as the Digital Business Services division on the Executive Board. Michael Ilgner, Global Head of HR, will report to Sewing. The Management Board has, as its prime responsibility, the group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control. In January 1979, the predecessor of National Development Bank PLC ("NDB" or "Bank") was set up by the National Development Bank of Sri Lanka . Deutsche Bank is committed to maintaining a best-in-class corporate governance framework in line with international standards and legal requirements and established a Group Governance Function, mandated to define, implement and monitor a governance framework for Bank globally, facilitate its cross-unit application, assess the respective pol. what Deutsche Bank helps make happen for others, business in a responsible and sustainable way, strong bases in all major emerging markets. He joined SAP in 1994 and held various management positions. 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. AI in banking and business what can it do and who stands to gain? She has been a member ofthe Management Board since Jan 1, 2020. The Supervisory Board reviews the efficiency of its work on a regular basis. James von Moltke has been a member of the Management Board since July 1, 2017. The bank focuses on its strengthsin a Corporate Bank newly created in 2019, a leading Private Bank, a focused investment bank and in asset management. Deutsche Bank has four business divisions: the Corporate Bank, the Investment Bank, the Private Bank and the asset manager DWS. Stefan Simon joined Deutsche Bank on August 1, 2019. From 20September, the Money Museum presents a new special exhibition that approaches money from a unique perspective, viewed through the lens of caricature and satire. Campellipreviously spent four years as the Global Head of Deutsche Bank Wealth Management. In accordance with our principles, we operate a control framework and governance to ensure that in all material aspects we are compliant with applicable tax laws, we file accurate tax returns, and we pay the amount of tax due.
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