FRANKFURT (Reuters) -Deutsche Bank named a new general counsel and a new head of anti-financial crime on Tuesday, as the German lender works to clear up legal issues and improve its controls. Simone
Deutsche Bank Appoints New General Counsel and Anti-Financial Crime Head
Leadership Changes at Deutsche Bank
FRANKFURT (Reuters) -Deutsche Bank named a new general counsel and a new head of anti-financial crime on Tuesday, as the German lender works to clear up legal issues and improve its controls.
New General Counsel
Simone Kaempfer will become general counsel, joining from the law firm Freshfields, to succeed Friederike Rotsch.
Head of Anti-Financial Crime
Ralph Nash will take the helm of anti-financial crime, replacing Nita Patel.
Background on Departing Leaders
Rotsch, who joined Deutsche Bank in 2023, and Patel, who joined in 2024, will leave the company, the bank said.
A spokesperson declined to elaborate on the changes.
Over the years, Deutsche Bank has faced a variety of compliance and legal issues. The reshuffle follows a shake-up of the management board in March.
"Further strengthening and developing our internal controls remains a priority for us," Deutsche Bank Chairman Alexander Wynaendts told shareholders in May.
(Reporting by Tom Sims, editing by Rachel More and Susan Fenton)
