FRANKFURT (Reuters) -Deutsche Bank named a new general counsel and a new head of anti-financial crime on Tuesday, as the German lender works to clear up legal issues and improve its controls.
Simone Kaempfer will become general counsel, joining from the law firm Freshfields, to succeed Friederike Rotsch.
Ralph Nash will take the helm of anti-financial crime, replacing Nita Patel.
Rotsch, who joined Deutsche Bank in 2023, and Patel, who joined in 2024, will leave the company, the bank said.
A spokesperson declined to elaborate on the changes.
Over the years, Deutsche Bank has faced a variety of compliance and legal issues. The reshuffle follows a shake-up of the management board in March.
“Further strengthening and developing our internal controls remains a priority for us,” Deutsche Bank Chairman Alexander Wynaendts told shareholders in May.
(Reporting by Tom Sims, editing by Rachel More and Susan Fenton)
