Stefan Simon, head of legal and regulatory affairs at Deutsche Bank.
Stefan Simon’s hiring was one of several leadership changes and part of the bank's restructuring effort as it seeks to restore its damaged reputation as well as its flailing financial condition. He will have the title chief administrative officer.
July 19, 2019 at 03:52 PM
1 minute read
senior reporter
The original version of this story was published on Corporate Counsel
Scandal-plagued Deutsche Bank has hired attorney Stefan Simon to join its management board Aug. 1 to take charge of the bank’s legal and regulatory affairs during a time of turmoil and rebuilding.
Simon replaces Sylvie Matherat, the former chief regulatory officer who apparently is being blamed for the Frankfurt, Germany-based bank’s failure to emerge from a history of misconduct, according to various news reports. Publicly the bank praised her work.
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