• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

Deutsche Bank Taps Richard Stewart for Group Treasurer Position

Started by forex4you, Sep 15, 2022, 06:39 am

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

Deutsche Bank Taps Richard Stewart for Group Treasurer Position

<p>Deutsche Bank, based in Germany,  has doubled the capacity of Richard Stewart by appointing him as the Group Treasurer of the multinational investment bank.</p><p> Currently, Stewart is the Head of the Capital Release Unit of Deutsche Bank and reports to Rebecca Short, the bank's Chief Transformation Officer.</p><p>However, in his new role, which will take effect next Monday, September 19, he will report to James von Moltke, the bank's Chief Financial Officer (CFO).</p><p>von Moltke in <a href="https://www.db.com/news/detail/20220913-deutsche-bank-appoints-richard-stewart-as-group-treasurer?language_id=1">a statement</a> from <a href="https://www.financemagnates.com/tag/deutsche-bank/">Deutsche Bank</a> praised the executive for his contribution to the investment company's transformation.</p><p>Additionally, the CFO expressed confidence in Stewart's qualification for the role and lauded his experience and achievements in capital and balance sheet management.</p><p>"Under Richard's leadership, the Capital Release Unit continued to reduce <a href="https://www.financemagnates.com/terms/l/leverage/" target="_blank" id="df61d302-43af-41c3-a06a-e37426a0c2c0_1" class="terms__main-term">leverage</a> exposure and risk-weighted assets, freeing up capital from non-strategic activities, while simultaneously delivering substantial cost reductions," von Moltke said on Stewart's experience in his current role.</p><p>Speaking about his appointment, Stewart noted that he was looking forward to building on the successes the team has achieved in the past few years.</p><p>The "Treasury has played a vital role in supporting Deutsche Bank's transformation agenda, delivering capital and balance sheet strength, achieving significant improvements in resource efficiency and cost of funding as well as completing a string of successful capital market issuances. This gives us a strong platform for the future," he explained.</p><p>Recent Moves</p><p>In March, Deutsche Bank <a href="https://www.financemagnates.com/executives/moves/deutsche-bank-appoints-james-von-moltke-as-president/">promoted von Moltke</a>, who still serves as the CFO, to the position of President. He acts in the capacity of President alongside Karl von Rohr.</p><p>"James von Moltke has done outstanding work as a CFO over the past five years and has played an important role in the successful transformation of Deutsche Bank," said Paul Achleitner, the Chairman of the Deutsche Bank Supervisory Board.</p><p>Meanwhile, Asoka Woehrmann, the Chief Executive Officer of DWS Group, a German asset manager and Deutsche Bank subsidiary, <a href="https://www.financemagnates.com/executives/moves/deutsche-bank-executive-resigns-over-greenwashing-allegations/">resigned from his position</a> in June. </p><p>This followed allegations that the group was engaging in 'greenwashing' by exaggerating the sustainable credentials of certain funds it had sold.</p>

This article was written by Solomon Oladipupo at www.financemagnates.com.

Source: Deutsche Bank Taps Richard Stewart for Group Treasurer Position
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com