Published by Financial Times – 9th April 2018
Deutsche Bank’s supervisory board has named Christian Sewing as the German lender’s new chief executive, ousting John Cryan two years before his contract runs out after a spat with chairman Paul Achleitner that has thrown Germany’s largest lender into turmoil.
Mr Sewing, currently co-head of the bank’s retail division, will take on the job with immediate effect, the bank said in a statement published late on Sunday.