Deutsche Bank Announces Leadership Overhaul as CEO Christian Sewing's Contract Extends to 2029
Key executive changes include a new CFO, departure of the Chief Legal Officer, and expanded responsibilities for existing leaders to drive transformation efforts.
- Christian Sewing's contract as Deutsche Bank CEO has been extended until April 2029, reflecting confidence in his leadership during a critical transformation phase.
- James von Moltke, CFO since 2017, will step down in June 2026, with Raja Akram from Morgan Stanley set to succeed him after joining in October 2025.
- Chief Legal Officer Stefan Simon will leave the bank on April 30, 2025, with Sewing assuming responsibility for the legal department.
- Fabrizio Campelli, whose contract has been extended to October 2028, will take over Simon's responsibilities for the Americas region.
- The leadership changes aim to address challenges like the costly Postbank legal settlement and focus on operational efficiency and profitability.