Deutsche Bank to Name Woman to Management Board by Mid-2017

  • Share of female executives at German bank rose last year
  • Deutsche Bank currently has no women on its managment board

Why Do Women Keep Hitting the Glass Ceiling?

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Deutsche Bank AG, which runs Europe’s biggest investment bank, plans to appoint at least one woman to its management board by mid-2017.

The company wants women to account for 17 percent and 21 percent respectively of its next two highest management levels by the same date, Deutsche Bank said in a statement from Frankfurt on Wednesday. Those quotas will rise to 20 percent and 25 percent, respectively, by the end of 2020, the company said.