UBS foreign chair ticks more boxes than Deutsche’s

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UBS foreign chair ticks more boxes than Deutsche’s - liamwardproud -

Deutsche Bank’s board on Nov. 19 nominated former Aegon Chief Executive Alexander Wynaendts as its next chair, replacing Paul Achleitner.

The Dutch national is currently a director at Citigroup, Uber Technologies and Air France-KLM. He will leave the Citigroup board and join Deutsche if elected at the bank’s annual general meeting on May 19, 2022. UBS on Nov. 20 nominated Colm Kelleher as its next chair to replace Axel Weber. The Irishman retired as president of Morgan Stanley in June 2019, where he oversaw investment banking and wealth management.Source: REUTERS/Arnd Wiegmann

The logo of Swiss bank UBS is seen at a branch office in Basel, Switzerland March 29, 2017. Picture taken on March 29, 2017.

 

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