Factbox-The global background of Deutsche Bank's new chair
Reuters
Published Nov 20, 2021 08:06AM ET
FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) has nominated the Dutch businessman Alexander Wynaendts as the next chairman of its supervisory board, marking a new era for Germany's largest lender.
Below are some details about Wynaendts: * Wynaendts is aged 61, born on August 1, 1960. * The son of a Dutch diplomat, he grew up in Beirut, Jakartaand Brussels. * He speaks multiple languages, including Indonesian,Spanish, German, French, and English. * His first job was with ABN AMRO (AS:ABNd), in private and investmentbanking in Amsterdam and London. * From 2008 to 2020, he was CEO of Aegon (NYSE:AEG), navigating itthrough a government bailout in the midst of the financialcrisis. * During 2019, his last full year as Aegon CEO, he earned3.9 million euros ($4.40 million), down from 5.0 million in2018. * Wynaendts oversaw multiple acquisitions and disposalsduring his tenure at Aegon, with 87 M&A deals from 2012 to 2020,according to Refinitiv data. * He is resigning his Citigroup (NYSE:C) board seat. * He sits on the boards of Uber Technologies (NYSE:UBER) and AirFrance-KLM. * He is expected to take over the board of Deutsche Bank inMay 2022. Terms are five years.($1 = 0.8859 euros)
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.