Deutsche Bank appoints Alexander von zur Mühlen as CEO for Asia Pacific

Maria Nikolova

Alexander von zur Mühlen will take charge of the bank’s Asia Pacific business when Werner Steinmüller retires from the Management Board on July 31, 2020.

Deutsche Bank today announces the appointment of Alexander von zur Mühlen to its Management Board, effective August 1, 2020.

He will take charge of the bank’s Asia Pacific business when Werner Steinmüller retires from the Management Board on July 31, 2020. Steinmüller will continue to serve the bank in an advisory role until year-end.

Alexander von zur Mühlen joined Deutsche Bank in 1998 after studying business management. Following a variety of roles in investment banking, most recently as Co-Head of Debt Capital Markets in Europe, he was appointed Group Treasurer in 2009. In this function he managed the bank’s capital, liquidity and funding. In 2017 he was appointed Co-Head of Global Capital Markets and one year later named Global Head of Group Strategy, in summer 2018. In this function he played a key role in exploring a potential merger with Commerzbank at the start of 2019 as well as in preparing the strategy that was announced in summer 2019.

Supervisory Board Chairman Paul Achleitner commented:

“In Alexander von zur Mühlen we have found an excellent in-house successor to Werner Steinmüller. As a recognised strategist and internationally experienced capital markets expert, he possesses all the skills and attributes needed to develop our Asia Pacific business and further advance our regional strategy. We wish him every success in his new position on the Management Board.”

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