Germany's Largest Bank Names New Chief Governance Officer

Tom Burroughes

30 March 2016

Germany’s largest bank, Deutsche Bank, has appointed Florian Drinhausen as chief governance officer. He takes the helm from Daniela Weber-Rey, who is leaving the bank to pursue new professional opportunities.

During Weber-Rey’s three years at the bank, she simplified the bank’s committee structures and implemented clearer rules while establishing an understanding of the need for solid corporate governance, the Frankfurt-listed group said in a statement.

“This work constitutes a valuable foundation. Now is the time to move to the next stage and further simplify accountabilities, organisational structures and decision-making processes,” said Karl von Rohr, member of the management board of .

Drinhausen joined the bank in 2014 as regional co-general counsel for Germany. He was previously a partner at Linklaters for ten years, with responsibility for corporate governance and mergers and acquisitions.

Among recent developments, earlier this month, Deutsche Bank appointed René Keller as chief information officer of its private, wealth and commercial clients division.