Deutsche Bank dissolves the business strategy department | Miscellaneous | 07/25/2018



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The new CEO of Deutsche Bank Christian Sewing nails his head as part of the restructuring and dissolves the strategy of the department of the Group. In addition, he is supported by a prominent adviser from his own ranks.

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© Alex Kraus / Bloomberg

The head of the German industry, Christian Sewing, wants to lead the business strategy department led by Ali. Almakky in the present form no longer continues. Many of their tasks are to take over other departments or abandon them completely.

"We want to consolidate similar tasks across the Group to become more efficient and powerful," Sewing wrote in an internal statement quoted by Reuters. Sewing is the provider of Alexander von zur Mühlen, previously co-head of Global Capital Markets at the Bank of Investment and Investment (CIB). Sewing mills as a "strategic consultant" help increase the Group's profitability. (yy)

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