Deutsche Bank makes Cryan CEO
Co-chief executives Anshu Jain and Juergen Fitschen quit following criticism from investors
Frankfurt
DEUTSCHE Bank appointed John Cryan as its new CEO on Sunday after co-chief executives Anshu Jain and Juergen Fitschen resigned following criticism from investors.
Mr Cryan, 54, has been on the bank's supervisory board since 2013 and was a former chief financial officer of UBS. He will replace Mr Jain from July 1 and become the sole CEO when Mr Fitschen steps down next year, the bank said.
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