Werner Steinmueller to join Deutsche Bank management board
Mr. Steinmueller, head of Global Transaction Banking (GTB), joined Deutsche Bank in 1991 and has been the Head of GTB since 2004.
Mr. Steinmueller is designated to relocate to Hong Kong in the autumn and become the first-ever Management Board member to be located in this fast-growing region. It is intended that Mr. Steinmueller remains Chairman of the Postbank Supervisory Board.
Mr. Steinmueller will be succeeded as Head of GTB by John Gibbons.
Mr. Gibbons has most recently been Regional Executive for Europe, Middle East and Africa and Global Head of Banks and Broker Dealers for Treasury Services at J.P. Morgan.
Mr. Gibbons previously worked at Deutsche Bank and Bankers Trust from 1992 to 2001. He has worked in banking for 34 years, serving as a leader of transaction banking businesses. He is expected to join the bank in October.