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Deutsche Bank Shuffles Leadership as Focus Shifts to Revenue

  • CEO Sewing gives up investment bank role, receives new mandate
  • Chief Operating Officer Frank Kuhnke to leave the bank
Fabrizio Campelli 

Fabrizio Campelli 

Photographer: Nicky Loh/Bloomberg
Updated on

Deutsche Bank AG Chief Executive Officer Christian Sewing pushed through the largest revamp of the management board since launching a restructuring plan two years ago, as his focus now shifts to revenue growth.

The lender appointed Fabrizio Campelli to lead its investment bank and the corporate banking unit, roles previously held by Sewing. The CEO had his contract renewed until April 2026, according to a statement on the changes Monday.