Deutsche Bank has appointed James von Moltke as its new CFO, replacing Marcus Schenck who will now serve as co-head of the the firm’s investment banking division.
Moltke will take up the new responsibility in July 2017 and will be based in Frankfurt.
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Moltke joins Deutsche Bank from Citigroup, which he joined in 2009 as head of corporate M&A. He was later appointed as the bank’s global head of financial planning and analysis and also the treasurer.
Previously, he also had spells at Morgan Stanley, JP Morgan, and Credit Suisse.
Deutsche Bank supervisory board chairman Paul Achleitner said: “Throughout his career, James von Moltke has proven in different roles that he can execute strategic and operational agendas. I thank Marcus Schenck for his excellent work as CFO and wish him success in his new role in our important Corporate & Investment Bank.”
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