Deutsche Bank today announced changes to its management structure, marking a new phase in the bank’s growth strategy. James von Moltke, after eight years as Chief Financial Officer (CFO) during which he played a crucial role in the bank’s transformation, will not seek another term once his contract expires in June 2026. Von Moltke, who was also appointed President in 2022, will continue to lead the bank’s efforts to achieve its 2025 financial targets before passing his CFO responsibilities to Raja Akram.
Akram, currently Deputy CFO at Morgan Stanley, will join Deutsche Bank on October 1, 2025, and assume the CFO role after a transition period. “James von Moltke has been instrumental in our successful turnaround,” said Alexander Wynaendts, Chairman of the Supervisory Board. “The bank is now in a strong position for future growth, and we are grateful for James’s significant contributions.”
Christian Sewing, Chief Executive Officer, welcomed Akram, stating, “Raja Akram enjoys an excellent reputation as a capable finance manager.
management changes at Deutsche Bank
His experience will be invaluable as we continue our growth trajectory.”
Akram expressed his enthusiasm for joining Deutsche Bank, saying, “I’m honored to join Europe’s leading bank and look forward to further driving its success alongside Christian and the rest of the Management Board.”
The Supervisory Board has also extended Christian Sewing’s contract until April 2029 and Fabrizio Campelli’s contract until October 2028. Campelli will assume responsibility for the Americas region from Stefan Simon, effective May 1, 2025.
Paul Maley will serve as the interim CEO for the Americas until a permanent CEO is appointed. “The Americas region is crucial for our growth,” said Wynaendts. “By streamlining leadership, we enhance our effectiveness on the ground.
We thank Stefan Simon for his contributions and wish him the best for his future.”
Simon’s role in Legal & Group Governance will transfer to Christian Sewing’s portfolio. This restructuring aims to ensure continuity in leadership and secure the bank’s position for future success.
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