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Deutsche Names CEO of North American Unit

November 1, 2012

[ by Melanie Gretchen ]

Deutsche Bank has selected a new CEO of the bank's German North American operations on Thursday. Jacques Brand, 52, will also join the bank's group executive committee, according to a company statement.  Prior to the appointment, Mr. Brand was global head of investment banking coverage and advisory in Deutsche Bank's corporate banking and securities unit.

Going forward, Mr. Brand, who succeeds Seth Waugh, will work with Bill Woodley, 46, who has been named deputy CEO of North America.

For further details, go to [Dealbook, 11/1/12].