Deutsche's International Private Bank Makes Senior Appointment

Tom Burroughes

6 October 2020

Deutsche Bank International Private Bank, part of , has appointed Corrado Palmieri as new head of advisory and sales for Germany, part of a series of appointments within the products and chief operating office.

Palmieri’s role covers investment management, sales management, capital markets and offering management. He reports to Frank Schriever, head for IPB Germany, and Alessandro Caironi, head of advisory and sales. Palmieri replaced Arasch Charifi who left after eight years to become head of wealth management at DZ Privatbank in Germany at the beginning of next year.

The Frankfurt-listed banking group recently formed a new international private banking arm. The IPB is part of the wider private bank, which includes the German retail arm. Claudio de Sanctis, previously global head of wealth management, is heading up the new entity and is chief executive for Europe, Middle East and Africa. (He talked to this news service about the strategy here.)

Palmieri’s former responsibilities as head of chief investment officer and investment solutions for Germany and EMEA will be split.

Maria Haindl will take on the role of head of CIO and investment solutions for Germany in addition to her role as global head of funds and solutions, reporting to Christian Nolting, chief investment officer and head of investment solutions. Michelle Owen will become head of chief investment office and investment solutions and capital markets platform for EMEA, reporting to Christian Nolting and Alessandro Caironi (for capital markets).