Deutsche Bank reportedly is set to announce another shakeup in its senior ranks. Dixit Joshi, who previously led the bank's fixed-income sales force as head of the institutional client group for debt, would move to the role of group treasurer. In that role, he will have a part to play in developing and managing Deutsche Bank's funding and capital strategy.

Joshi was put in charge of Deutsche Bank's fixed-income sales team in late 2015, when the bank made a raft of changes at its investment bank. Late last year, he sent a memo to staff announcing that Deutsche Bank was cutting 3,400 clients off as part of an effort to reduce complexity in the bank's markets division.

Louise Kitchen, the global head of commodities sales and structuring at the bank, will likely succeed Joshi in the sales role. Kitchen joined Deutsche Bank over a decade ago from UBS.

The changes would be the latest in a series of leadership changes at the bank. The WSJournal previously reported that Jeff Urwin, DB’s corporate and investment banking chief, is in discussions to leave that role.