US EditionDeutsche Bank names new CFO in latest leadership shake-up
- Raja Akram, previously deputy CFO of Morgan Stanley since 2020, will succeed James von Moltke as Deutsche Bank's finance chief, with the transition beginning October 1 and Akram officially joining the management board on January 1, 2026.
- James von Moltke, who has been Deutsche Bank's finance chief for eight years, will not seek another term when his contract expires in June 2026 but will continue to drive the bank's 2025 financial targets.
- This leadership change is part of a broader management revamp at Deutsche Bank, which includes extending CEO Christian Sewing's contract until April 2029 and Fabrizio Campelli's contract by three years.
- According to Alexander Wynaendts, chairman of the bank's supervisory board, this is a good time for the leadership change as Deutsche Bank is completing its current strategy cycle, with von Moltke having been instrumental in the bank's successful turnaround that improved business performance, shareholder distributions, and credit ratings.
- Akram expressed honor in joining Deutsche Bank and admiration for its recent transformation, stating his eagerness to collaborate with Christian and the Management Board to drive the bank's future success.
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Deutsche Bank brings Raja Akram to Chief Financial Officer James von Moltke
The Chief Financial Officer and Vice-President of Christian Sewing, unlike the Chief Executive Officer, does not extend his contract. Furthermore, there is an abrupt departure from the Executive Board.
·Frankfurt, Germany
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