Deutsche Bank Head of financial crime Peter Hazlewood leaves after just 6 months

At Deutsche Bank, Mr. Hazlewood’s official title was Global Head of Anti-Financial Crime and Group Money-Laundering Reporting Officer. His replacement has not been named, and is expected to be selected during the month ahead

Deutsche Bank, the world’s second largest FX interbank dealer by market share, is about to lose its senior executive in charge of tackling financial crime, just six months after he joined the company.

Peter Hazlewood, who has held previous senior executive positions at London-based divisions of HSBC, JP Morgan and Standard Chartered, was appointed global head of anti-financial crime and group money-laundering reporting officer at the German banking giant last July. He was based in Frankfurt and reported to Sylvie Matherat, the lender’s regulatory chief.

At Deutsche Bank, Mr. Hazlewood’s official title was Global Head of Anti-Financial Crime and Group Money-Laundering Reporting Officer.

Mr Hazlewood is an experienced career financial crime professional who over the past 28 years has held a number of senior global Anti-Financial Crime positions at large financial institutions, including HSBC, JP Morgan, DBS and Standard Chartered. At the time of his appointment at Deutsche Bank, Mr Hazlewood brought diverse geographic experience, having worked in Hong Kong, Singapore, London, New York and, most recently, Bahrain.

It is likely that the firm, which has not yet appointed a replacement, will begin its search and announce who will take over in the imminent month ahead.

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