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Deutsche Bank's Jürgen Fitschen to step down as co-CEO

Jürgen FitschenDeutsche Bank announces that Jürgen Fitschen stepped down as co-chairman of the management board of Deutsche Bank and will continue to serve the bank, effective May, 19, 2016.

Mr. Fitschen will focus on Germany and Asia. Mr. Fitschen has served at Deutsche Bank since 1987 in a number of roles. For more than a decade, he was based in Bangkok, Tokyo and Singapore.

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During the 1990s he relocated to Frankfurt and set up Global Transaction Banking. In 2004 he assumed responsibility for Regional Management globally, also taking on the role of Head of Germany.

Mr. Fitschen has served on the Management Board since 2009 and was elected Co-Chairman of the Management Board in June 2012.

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