Deutsche Bank AG is largest German Kreditinstitut. It has its seat in Frankfurt/Main and is active as Universalbank. Important addresses are in London and New York town center.
To the major bank it developed among other things by assumptions and fusions (1914-1929, 1957) in Germany and starting from 1989 by the assumption of anglo American banks.
At the beginning the enterprise was led by a board of directors. The board of directors had however extensive control and decision rights. Only the law governing share transactions reform of 1884 brought the today still usual division of responsibilities between executive committee and supervisory board. Since then the executive committee was led by an executive committee speaker, which was to clarify the role of the Primus inter Pares. Also it was usual to make decisions unanimously. Renaming the board of directors in supervisory board converted the bank only to separating the chairman of many years Adelbert in the year 1889.
In January 2002 Deutsche Bank a change of their guidance structure decided. The executive committee, up to then traditionally concentrates since then on strategy and control, while the new, officially committee settled under the executive committee decides, the Group Executive Committee (GEC), in the operational business. To that GEC belong beside the executive committee the company leaders, with which for the Investmentbanking and the international business responsible persons of londoner Deutschbanker won in particular substantially at influence. This fits already under Hilmar the Kopper devised strategy to convert the enterprise from a German branch bank to global the Player.
On 1 February 2006 the bank with the tradition of the executive committee speaker broke and appointed Josef field man in the context of its prolongation of a contract the chairman of the board. Reason was that one wanted to adapt to the general customs.
| Group Executive Committee (conditions 14.05.2006) | |||||
|---|---|---|---|---|---|
| Executive committee | Company leader | ||||
| Name | Member since | Tasks | Name | Since | Tasks |
| Josef field man | 1996 | Chairman Vorstand & GEC | Michael Cohrs | 2002 | Head OF global Banking |
| Hugo | 2006 | Chief Risk Officer | Fit | 2002 | Head OF regionally management |
| Tessen of Heydebreck | 1994 | Chief administrative Officer | Anshu Jain | 2003 | Head OF global Markets |
| Anthony Di Iorio | 2006 | Chief Financial Officer | Rainer Neske | 2003 | Head OF private one & Business Clients |
| Hermann Josef Lamberti | 1999 | Chief operating Officer | Kevin Parker | 2002 | Head OF ate management |
| Pierre de wake | 2002 | Head OF private Wealth management | |||
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