Deutsche Bank President von Rohr will not renew contract after Oct 2023

April 18 (Reuters) - Deutsche Bank (DBKGn.DE) President Karl von Rohr will not renew his contract as member of the management board, which runs out at the end of October 2023, the German bank said in a press release on Tuesday.

"Deutsche Bank will provide an update concerning Karl von Rohr’s succession in the Management Board in the near future," the bank added.

Bank's fund arm DWS said von Rohr would step down as its chairman when his contract with the bank expires.

Deutsche Bank asked von Rohr to stand for re-election to the DWS Supervisory Board at the AGM on June 15 and remain a member of the board for the full remainder of his term.

Karl von Rohr was appointed as a member of the Management Board on November 1, 2015 and became President in April 2018.

Reporting by Tristan Veyet in Gdansk, Editing by Victoria Waldersee

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

Deutsche Bank President von Rohr will not renew contract after Oct 2023

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

Solid price gains for gold, silver after busy news weekend

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Silver prices breach $32/oz as bullish technicals and fundamentals suggest potential breakout