Media Release
Frankfurt am Main, July 20, 2022
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Deutsche Bank is strengthening its sustainability efforts. As Chief Sustainability Officer, Jörg Eigendorf will continue to expand the bank’s sustainability area with a view to further developing the strategy and implementing it with more intensity. As Global Head of Communications & CSR with responsibility for Sustainability, Eigendorf has played a major part in shaping the bank’s environmental, social and governance (ESG) strategy over a number of years. He will continue to report to CEO Christian Sewing.
“Sustainability is a critical success factor for our bank and a central element in our Global Hausbank strategy”, says CEO Christian Sewing. “We want to take advantage of the opportunities that are available to us in this area. At the same time, it is about continuously enhancing our controls and processes. Jörg Eigendorf has been a leading figure for some years now in driving our bank’s sustainability strategy. He is well suited to coordinate and steer this next stage across the entire bank.”
In order to be able to focus all his efforts on the bank’s sustainability strategy, Eigendorf is handing over leadership of Communications & CSR to Anke Hallmann and Sebastian Jost. So far, Hallmann was Deputy Head of Communications & CSR, Jost was Head of Group Communications. “Together with Jörg, both Anke and Sebastian have helped realign our bank’s communications over the past six years and are therefore ideally positioned to continue the successful work,” says Sewing.
At the same time, Deutsche Bank plans to coordinate its dialogue with stakeholder groups more closely. For this reason, the bank’s Political Affairs department will – together with Communications & CSR – become part of a larger area of responsibility: Corporate Affairs & Strategy. Heading up the new area will be Ben Alka, who will also continue in his role as Chief of Staff to Christian Sewing.
“As a Global Hausbank, we need an orderly dialogue and engagement with our stakeholders that is closely aligned to our strategy,” Sewing said, adding: “Ben Alka has been successfully coordinating our relations to our stakeholders for some years now and will expressly build on this in his new role.”
All the above changes will become effective on September 1, 2022.
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.
Such factors are described in detail in our SEC Form 20-F of 11 March 2022 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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