Deutsche Bank nominates U.S. banker John Thain to supervisory board

Young journalists club

News ID: 21268
Publish Date: 11:10 - 04 April 2018
TEHRAN, April 04 - Veteran U.S. banker John Thain is being nominated to the supervisory board of Deutsche Bank (DBKGn.DE), Germany’s largest lender said on Wednesday.

Deutsche Bank nominates U.S. banker John Thain to supervisory boardTEHRAN, Young Journalists Club (YJC) -Veteran U.S. banker John Thain is being nominated to the supervisory board of Deutsche Bank (DBKGn.DE), Germany’s largest lender said on Wednesday. 

The nomination by the supervisory board appeared in an invitation to this year’s annual general meeting and comes amid questions over the future leadership of the loss-making bank.

Deutsche Bank announced two other new nominees, Mayree Clark, founder and managing partner of Eachwin Capital, and Michele Trogni, previously Group Chief Information Officer at UBS (UBSG.S).

 

A fourth proposed member of the board, Norbert Winkeljohann, Chairman of the Management Board of PricewaterhouseCoopers Europe, had previously been announced.

The proposed board members replace four retiring members. Shareholders are due to vote on the nominees at the bank’s annual general meeting next month.

“We are delighted to have been able to attract such highly qualified new members, each with many years of experience in the financial sector,” Deutsche’s Chairman Paul Achleitner said in a statement.

“They will ideally contribute to the wealth of skills that our Supervisory Board brings together,” he said.

Source: Reuters

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