Deutsche Bank Australia CEO Retires
Michael Ormaechea, Deutsche Bank’s Head of Australia will be retiring after 22 years in the bank. Ormaechea who is Head of Global Markets in Asia Pacific and Chief Country Officer of Australia will leave the bank to spend more time with his family.
With effect from 1st February, David Lynne and James Boyle would become co-heads of global markets of Asia Pacific. This in addition to their current roles of Fixed Income & Currencies APAC and Equities APAC respectively.
News Source: Australian Financial Review
About Deutsche Bank
Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific. Founded in 1870, it has 2,790 branches around the globe, thereof 1,827 in Germany. The bank provides banking services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals — through four business divisions: Corporate and Investment Banking, Global Markets, Deutsche Asset Management, as well as Private, Wealth and Commercial Clients.
- Origin : Frankfurt, Germany
- Assets : EUR 1.63 trillion
- Revenue : EUR 33.53 billion
- Employees : 101,104
Official Website: www.db.com
News & Media: Press Release
Updated on 8th August 2016
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