Deutsche Bank today announced significant changes to its management structure as it prepares for the next phase of its growth strategy. The reshuffle includes several key appointments and extensions of current contracts. After eight years as Chief Financial Officer, James von Moltke will not seek another term when his contract expires in June 2026.
Von Moltke, who has also served as President since 2022, has been pivotal in leading the bank through a fundamental transformation. He will continue to drive the bank’s delivery of its 2025 financial targets before handing over his CFO responsibilities. Raja Akram has been designated as the new Chief Financial Officer.
Akram, currently Deputy Chief Financial Officer at Morgan Stanley, will join Deutsche Bank on October 1, 2025. He will become a member of the Management Board on January 1, 2026, and assume the CFO role after a transition period. Akram has a rich background, having worked at Citigroup from 2006 to 2020 in various leadership positions.
Alexander Wynaendts, Chairman of the Supervisory Board, praised von Moltke’s contributions: “James von Moltke has been instrumental in Deutsche Bank’s successful turnaround.
Leadership changes mark growth strategy
We are grateful for his significant contributions to the bank.”
Christian Sewing, the Chief Executive Officer, expressed his enthusiasm for working with Akram: “Raja Akram enjoys an excellent reputation as one of the most capable finance managers in the industry.
We will benefit greatly from his experience.”
Raja Akram commented: “I’m honoured to join Deutsche Bank, Europe’s leading bank with a global reach. I am impressed with the bank’s transformation and its immense growth potential. I look forward to working with Christian and the rest of the Management Board to drive the next phase of the bank’s success.”
The Supervisory Board has also extended Christian Sewing’s contract until April 2029, ensuring continuity in leadership.
Fabrizio Campelli, Head of the Corporate Bank and Investment Bank, will also have his contract extended until October 2028. Campelli has successfully led the Corporate Bank and the Investment Bank over the past years and will now assume responsibility for the Americas, effective May 1, 2025. Stefan Simon, the current leader for the Americas, will leave the bank for personal reasons, and Paul Maley will act as interim CEO Americas.
Alexander Wynaendts emphasized the importance of these extensions: “With these contract extensions, we ensure continuity in key management roles. Christian has successfully driven Deutsche Bank’s turnaround since 2018, and we are convinced he is the right person to lead the bank through the next stage of its evolution. We also extend our gratitude to Stefan Simon for his many contributions and wish him all the best for his future.”
Deutsche Bank remains committed to simplifying its structure and aligning leadership roles for more effective management, particularly in crucial growth regions like the Americas.
