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Deutsche Bank Qatar Investors Start Own Search for Chairman

  • Qatar’s royal family is said to work on a list of successors
  • Process is parallel to Deutsche Bank’s own succession planning
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Deutsche Bank’s Top Shareholders Search for New Chair
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Deutsche Bank AG’s top shareholders in Qatar are taking the unusual step of directly approaching candidates to gauge their interest in replacing chairman Paul Achleitner as investor patience runs out after a prolonged stock slump.

Some representatives of the Qatari royal family have held talks with an international recruiting firm as they review potential executives, according to people familiar with the matter. They’re debating whether to try and force Achleitner to leave before his term expires in 2022, the people said, asking not to be identified disclosing private discussions.