We ensure the responsible, value-driven management and control of Deutsche Bank through our system of corporate governance, which has four key elements: good relations with shareholders, effective cooperation between the Management Board and the Supervisory Board, a system of performance-related compensation for managers and employees, as well as transparent and early reporting. Move Director Mayree Clark Move Director, Employee Represent. Management Board: Christian Sewing (Chairman), James von Moltke, Karl von Rohr, Fabrizio Campelli, Bernd Leukert, Alexander von zur Mhlen, Christiana Riley, Rebecca Short, Stefan Simon, Olivier Vigneron. The Deutsche Bank Prize in Financial Economics honors renowned researchers who have made influential contributions to the fields of finance and money and macroeconomics, and whose work has led to practical and policy-relevant results. 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. 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. Born: 1974Nationality:British, New ZealanderFirst appointed: 2021. Will Covid-19 be an opportunity or threat to sustainable development? "It is our priority now to adapt the Management Board for the next phase of Deutsche Banks transformation, which is about efficiency, effective controls and delivering sustainable profitability. Banks or Fintechs Who will be shaping the future of the financial industry? How cloud technology is silently revolutionising our economy. 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. Since 2008 he has also been an Honorary Professor at the University of Cologne. We offer structured risk and non-flow financing solutions for clients globally across multiple industries and asset classes. Ludwig Blomeyer-Bartenst. Bremen, Lower Saxony and Saxony-Anhalt, Hamburg, Mecklenburg-West Pomerania and Schleswig-Holstein, Overview From 2009 to 2017, he was Group Treasurer. In keeping with this purpose, we apply the principles set out in this document in the management of our tax affairs. 2010 - 2016:Chairman and Chief Executive Officer, CIT Group Inc. 2009:President of Global Investment Banking, Markets and Wealth Management, Bank of America. Collateralmanagement Access Portal (CAP), Mobilisation and Administration of Credit Claims (MACCs), Overview The Management Board has, as its prime responsibility, the Group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control. The Supervisory Board decides on the appointment and dismissal of members of the Management Board including long-term succession planning for the Management Board based on proposals of the Chairmans Committee while taking into account recommendations of the Nomination Committee. He joined Deutsche Bank on September 1, 2019. Organizational Structure - Deutsche Bank Rating(s), 36 The beleaguered German lender Deutsche Bank is undergoing a historic overhaul: Amid mounting losses and a plummeting share price, the firm announced this summer plans to gut its stock-trading. Members:Alexander Wynaendts, ChairmanDetlef Polaschek*Frank Werneke*Professor Dr. Norbert Winkeljohann. We aim for our dealings with tax authorities to be undertaken in a proactive, transparent, professional, courteous and timely manner and seek to develop and foster good working relationships with tax authorities. Year of Birth:1957Nationality:GermanElection first effective:2003/06/10Term expires:2023, since 2002:DB Privat- und Firmenkundenbank AG (formerly: Deutsche Bank Privat- und Geschftskunden AG), 1982:Certified banker, Chamber of Commerce and Industry qualification ("Bankfachwirt"), 1974 1977:Bank apprenticeship at Deutsche Bank AG, Year of Birth:1967Nationality:GermanElection first effective:2013/05/23Term expires:2023, since 2011:Chairman of theGeneral Staff Council of Postbank Filialvertrieb AG, 2009 2011:Chairman of the Group Staff Council of Deutsche Postbank AG, 2006 2009:Manager of the Group Staff Council of Deutsche Postbank AG, since 2005:Member of the General Staff Council of DP Retail/Postbank Filialvertrieb AG and member of the Committee for Economic Matters, 2002 2006:Chairman of the Staff Council, branches in Dortmund, 1996 2000:Exempted Staff Council member, branches in Lennestadt, 1990 1994:Chairman of local representative committee for young people and trainees (BJAV) at the head management office of the post office in Dortmund/ postal services management office in Dortmund, 1986 1990:Chairman of representative committee for young people and trainees at the post office (V) in Iserlohn, From 1985:Assignments in branches of Deutsche Bundespost/Deutsche Post AG, 1983:Employment as postal assistant trainee at post office (V) Iserlohn, Memberships of statutory supervisory boards in Germany:Postbank Filialvertrieb AG, Memberships of comparable boards:ver.di Vermgensverwaltungsgesellschaft (Deputy Chairman), Year of Birth:1962Nationality:NorwegianFirst elected:2022/05/19Term expires:2026, Chief Executive Officer, Aker Asset Management AS, Since 2022:Chief Executive OfficerAker Asset Management AS, Oslo, Norway, 2008 2020:Chief Executive OfficerNorges Bank Investment Management, Oslo, Norway, 1998 2007:Global Head of EquitiesNorges Bank Investment Management, Oslo, Norway; London, Great Britain, 1994 1997:Chief Investment Officer, Asian EquitiesStorebrand Asset Management AS, Oslo, Norway, 1987:Master of Arts: Political Science, Universit de Paris II Paris, France, 1985:Master of Business Administration, Norwegian School of Economics Bergen, Norway, 1985:Master of Arts: Economics, University of California Santa Barbara, USA, 1983:Master of Law, University of Oslo Oslo, Norway, Year of Birth:1955Nationality:US-AmericanElection first effective:2018/05/24Term expires:2023. Organigramm Deutsche Bank - The Official Board Will greater investment in water resources make for a more sustainable future? We seek to understand and mitigate these risks where possible. He re-joined Deutsche Bank on March 1, 2022. In May 2021 he took on additional responsibility for Compliance, Anti-Financial Crime and the Business Selection and Conflicts Office. Our business is subject to various risks, including tax-related risks. Stefan Simon joined Deutsche Bank on August 1, 2019. It regulates the structure, the scope, duties and functions of the Deutsche Bundesbank as central bank. As part of the reorganisation Sewing will transfer responsibility for the Investment Bank and the Corporate Bank to Fabrizio Campelli, currently serving as Chief Transformation Officer. Organizational Structure. Its members are jointly accountable for the management of the company. Stefan Simon studied law at the University of Cologne and received his doctorate there in 1998. Commercial banks provide payment services, such as checking and credit . These tax principles, which have been embedded in the banks control framework for a number of years, have been approved by our Management Board and apply to all our businesses and group entities. Members:Professor Dr. Norbert Winkeljohann, ChairmanDelef Polaschek*Bernd Rose*Dr. Dagmar ValcrcelFrank Werneke*Alexander WynaendtsThe Tasks of the Committee can be found in the Terms of Reference. 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. The Chief Operating Office will no longer be a separate Management Board function going forward. In August 2021 he took on additional responsibility at Management Board level for Deutsche Bank in theUK andIreland (UKI). Karl von Rohr studied law at the universities of Bonn (Germany), Kiel (Germany) and Lausanne (Switzerland) and at Cornell University (USA). Rhineland-Palatinate and Saarland, Research Council, Research Professors and Research Fellows, Overview The purpose of Banking is to provide a stable platform on which to perform financial transactions. She previously spent nine years in Group Strategy & Planning, which she ran from 2011 to 2015. The Bundesbank's decision-making body is the Executive Board. Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. Stefan Simon was appointed as a member of the Management Board on August 1, 2020. There are also changes relating to the Private Bank. 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. 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. In 2010 we were among the first banks in the United Kingdom to adopt the UK Code of Practice on Taxation for Banks. AI in banking and business what can it do and who stands to gain? Deutsche Bank has 432 executives and 35 subsidiaries Board N-1 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. Deutsche Bank is Germany's leading ba. Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. Panel on Household Finances (PHF), Overview Supervisory Board. 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. A cadre of executives at the bank will be responsible for navigating the turmoil and guiding the firm to a more stable and profitable future. Olivier Vigneron studied at the Lyce Louis-le-Grand in Paris and holds a Diplme dIngnieur (degree in Engineering) from Frances cole Polytechnique. From 2008 to 2020, he worked at J.P. Morgan, where he served as Chief Risk Officer for Europe, Middle East and Africa and Firmwide Risk Executive for Market Risk. Deutsche Bank has a market leading financing business with a global footprint and unique capabilities. 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. She moved to London in 2000 with Credit Risk Management where she spent 12 years, latterly as European Head of Corporates. PDF Branches and subsidiaries covered by the USA PATRIOT - Deutsche Bank Download. We foster teamwork, partnership and inclusion, trusting that each of us will deliver to the expected standards. Year of Birth: 1978Nationality: USAFirst appointed: 2020. The banks risk management and control functions will also be reorganised. Jan Duscheck Move Across Deutsche Bank, we have a variety of complementary solutions for corporate and institutional clients. The Bundesbank provides a new procedure for the automated download of statistical data sets. Deutsche Bank Group - Overview - GRIN 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 this context, the CEO will assume additional responsibility for Human Resources. The Deutsche Bundesbank is the central bank of the Federal Republic of Germany. Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Management Board. Are sustainable cities a solution to climate change? A cadre of executives at the bank are now responsible for navigating the turmoil and guiding the firm to a more stable and profitable future. We advocate the development of sound regulations and internal procedures to combat financial crime, including tax evasion, and do not endorse actions that seek to undermine tax reporting of financial account information under applicable legislation, such as the Common Reporting Standard (CRS) or the Foreign Account Tax Compliance Act (FATCA). 1995 - Deutsche Post AG, Deutsche Postbank AG and Deutsche Telekom AG are established 1990 - The East German Deutsche Post is incorporated into Deutsche Bundespost 1989 - Deutsche Bundespost Postdienst, DBP Postbank and DBP Telekom are established 1986 - DHL in China 1979 - DHL offers parcel delivery 1971 - DHL expands its network Fabrizio Campelli has been responsible for theCorporate Bank andInvestment Bank on the Management Board since May 2021. Born: 1970Nationality: GermanFirst appointed: 2015. They are followed by the branches of the Bundesbank. Hamburg, Mecklenburg-West Pomerania and Schleswig-Holstein, Overview Will greater investment in water resources make for a more sustainable future? Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. The bank has also realigned some infrastructure functions to further sharpen the focus on controls, costs, and risks. Since 2015, . 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. The Chief Transformation Office will be transferred from Campelli to Rebecca Short who will join the Management Board. In appropriate situations our internal experts may take specialist external tax advice. From 2014 to 2019, he was responsible for product development and innovations as well as the Digital Business Services division on the Executive Board. Deutsche Bank : announces comprehensive organizational restructuring What does it take to make bold moves in business? He was a member of Deutsche Banks Supervisory Board from August 2016 until July 31, 2019 and was Chairman of its Integrity Committee. Jamie Walters, CAIA on Twitter Members:Alexander Wynaendts, ChairmanDetlef Polaschek*Frank Werneke*Professor Dr. Norbert WinkeljohannIn addition to the eight standing committees, the Mediation Committee, which is required by German law, makes proposals to the Supervisory Board on the appointment or dismissal of members of the Management Board in cases where the Supervisory Board is unable to reach a two-thirds majority decision. It was last amended on July 4, 2013. The fundamental basis for this is provided by, above all, the German Stock Corporation Act and the German Corporate Governance Code. Management Board Cash, card, crypto: how the way you pay will affect your life, My way, your way different paths to success. National Development Bank (Sri Lanka) - Wikipedia Climate emergency: can green tech save us? 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. The Supervisory Board will decide on Lewis's succession in due course. The Mediation Committee only meets if necessary. He has been President alongside Karl von Rohr since March 25, 2022. Deutsche Bank is the leading German bank with strong European roots and a global network. Reports - Deutsche Bank 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. Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) will fundamentally change its group and leadership structure. In 2006, Vrablic met Tom Bowers, who had joined Deutsche Bank the year before with a mandate to help the German bank make a" 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 implementation and ultimately to act as its guardian. In conducting our business affairs, setting up and structuring our business operations and commercial activities, we consider among other factors the tax requirements of the respective jurisdictions in which we operate, with a view to generating sustainable value to Deutsche Bank and its shareholders. "Christian Sewings management team has impressively transformed and strengthened Deutsche Bank over the past three years," said Paul Achleitner, Chairman of the Supervisory Board. The Supervisory Board has established standing committees. 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. She has been a member ofthe Management Board since Jan 1, 2020. Accor Expects a Full Occupancy Rebound Early Next Year Alexander von zur Mhlen holds a Diploma in Business Administration from the Berlin School of Economics and Law.