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Deutsche Bank: names new transformation chief

(CercleFinance.com) - Deutsche Bank has appointed the global head of its wealth management unit, Fabrizio Campelli, as chief transformation officer, it said late on Friday.


With the creation of this new transformation role, Deutsche Bank aims to drive forward its most comprehensive transformation for 20 years, with a "sharpened focus," it said in a statement.

The primary objective is to manage this restructuring "holistically" and to improve cooperation and process coordination, the group said.

His successor as global head of wealth management is the head of wealth management for Europe, Claudio de Sanctis, with immediate effect.

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