Germany’s largest lender Deutsche Bank has appointed a new chief financial officer, sources told Handelsblatt on Friday.
James von Moltke, who was appointed treasurer of US bank Citigroup in September 2015, will replace the lender’s current finance chief Marcus Schenck, who will take over Deutsche Bank’s investment banking division.
Mr. von Moltke, a former investment banker who had worked for Morgan Stanley prior to his time at Citi, graduated from Oxford and is related to the Prussian general Helmuth von Moltke the Elder, as well as Helmuth James Graf von Moltke, a German who led a resistance group against Adolf Hitler.
Deutsche Bank declined to comment on the appointment.
Daniel Schäfer is head of Handelsblatt’s finance pages and based in Frankfurt. To contact the author: firstname.lastname@example.org