Deutsche Bank, Germany's largest bank by assets, has appointed Bruno Hallak as chief country officer for France, succeeding Marc Pandraud.

Pandraud has been appointed head of client franchise development and vice-chairman of corporate finance in Europe, the Middle East and Africa, effective from 1 June.

Emmanuel Hasbanian and Julien Fabre have been promoted to co-heads of investment banking coverage and advisory for France.

Hallak was previously head of investment banking coverage and advisory for France. Prior to joining Deutsche Bank in 2009, he was chairman of Merrill Lynch capital markets in France. After starting his career at the French Treasury in 1991, he joined Deutsche Morgan Grenfell in 1997 and subsequently Merrill Lynch two years later in Paris and London.

Pandraud joined Deutsche Bank in 2009. Before this, he served as chairman for France and Benelux at Bank of America Merrill Lynch. He joined Merrill Lynch in 1998 from Deutsche Morgan Grenfell, where he was in charge of corporate finance in France for three years.

In other news, Jerry Miller has been appointed as head of Deutsche Asset & Wealth Management Americas. For more on this story, click here.