Reshuffle at Deutsche: Wöhrmann moves to private banking

Following the appointment of John Cyran, Deutsche Bank has announced another major reshuffle, Asoka Wöhrmann (pictured) and Stefan Bender have now been appointed as new heads of Deutsche’s Private and Commercial Banking operations in Germany.

Wöhrmann will be head of retail banking and Stefan Bender will be head of commercial banking. Both report to Christian Sewing, member of the Management Board of Deutsche Bank and head of its Private & Business Clients (PBC) Corporate Division.

Wöhrmann joined Deutsche Bank in 1998 and has most recently been CIO at Deutsche Asset & Wealth Management (DeAWM). Stefan Bender has been with Deutsche Bank since 1997. Until he takes up his new functions, Bender remains head of Global Transaction Banking in Germany (GTB, Trade Finance and Payments) and co-head of Corporate Finance in Germany.

They replace Peter Schedl and Wilhelm von Haller, who resigned from their offices effective September 30, 2015. Stefan Bender will assume his new role over the course of October, and Asoka Wöhrmann as of December 1, 2015.

Details on the new appointments for their current position have not yet been released.

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