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Former Deputy Managing Director of Deutsche Bank, Marcus Schenck, joins the US investment bank Perella Weinberg in London, Handelsblatt reported (Tuesday). He advises financial service providers, industrial customers and energy companies.
Schenck will also contribute "to the question of how to develop an organization now developed," said Perella Weinberg's European CEO, Dietrich Becker. Schenck told the "Handelsblatt": "I would prefer to be closer to the field again".
Until May of this year, he was Senior Business Banker and Vice Chairman of Deutsche Bank's Board of Directors. He had left the group after him, but Christian Sewing had been appointed CEO and successor to John Cryan.
"It was an extremely exciting and rewarding experience," said Schenck, in retrospect, at Germany's largest financial institution. "However, I started to support the bank as a competitor of the European investment bank, and now it is clear that this is no longer the right strategic direction for the bank, so I I'm not really here anymore. "
(APA / dpa)
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